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These days, finding an affordable place to live in the 38348 area can be challenging. Home prices in 38348 are now at a median cost of $167,005, lower than the Tennessee average of $315,131.
The average cost of rent is $756/mo in 38348, primarily driven by the current value of real estate in the 38348 area. In 38348, 16.20% of households rent, and 76.31% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38348 is $5,401 per month. Households that rent pay about 13.99% of their income on rent here. 38348’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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
- 38321, TN: equally priced homes
- 38220, TN: less expensive homes
- 38358, TN: higher priced homes
- 38355, TN: higher priced homes
- 38235, TN: less expensive homes
- 38362, TN: higher priced homes
- 38390, TN: less expensive homes
- 38343, TN: equally priced homes
- 38344, TN: equally priced homes
- 38388, TN: equally priced homes
Zip Codes with Similar Populations
- 45741, OH: less expensive homes
- 74734, OK: equally priced homes
- 73004, OK: equally priced homes
- 59213, MT: less expensive homes
- 58575, ND: higher priced homes
- 58366, ND: less expensive homes
- 56713, MN: higher priced homes
- 55990, MN: higher priced homes
- 51439, IA: less expensive homes
- 46049, IN: equally priced homes
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