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These days, finding an affordable place to live in the 38337 area can be challenging. Home prices in 38337 are now at a median cost of $179,936, lower than the Tennessee average of $315,131.
The average cost of rent is $958/mo in 38337, primarily driven by the current value of real estate in the 38337 area. In 38337, 24.31% of households rent, and 53.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38337 is $5,833 per month. Households that rent pay about 16.42% of their income on rent here. 38337’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38006, TN: equally priced homes
- 38343, TN: equally priced homes
- 38001, TN: less expensive homes
- 38021, TN: equally priced homes
- 38305, TN: higher priced homes
- 38355, TN: higher priced homes
- 38050, TN: less expensive homes
- 38362, TN: equally priced homes
- 38301, TN: less expensive homes
- 38348, TN: equally priced homes
Zip Codes with Similar Populations
- 81624, CO: higher priced homes
- 36871, AL: equally priced homes
- 40176, KY: less expensive homes
- 45382, OH: equally priced homes
- 47020, IN: less expensive homes
- 47989, IN: less expensive homes
- 48738, MI: equally priced homes
- 50162, IA: higher priced homes
- 50249, IA: equally priced homes
- 78151, TX: less expensive homes
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