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These days, finding an affordable place to live in the 38351 area can be challenging. Home prices in 38351 are now at a median cost of $126,387, lower than the Tennessee average of $218,916.
The average cost of rent is $729/mo in 38351, primarily driven by the current value of real estate in the 38351 area. While nearly 53.36% of residents own their homes outright in 38351, 31.26% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38351 is $4,301 per month. Households that rent pay about 16.94% of their income on rent here. 38351's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 38345, TN: equally priced homes
- 38388, TN: equally priced homes
- 38328, TN: less expensive homes
- 38368, TN: equally priced homes
- 38352, TN: equally priced homes
- 38313, TN: higher priced homes
- 38374, TN: less expensive homes
- 38363, TN: less expensive homes
- 38329, TN: equally priced homes
- 38362, TN: higher priced homes
Zip Codes with Similar Populations
- 01550, MA: higher priced homes
- 02476, MA: higher priced homes
- 39507, MS: higher priced homes
- 71701, AR: less expensive homes
- 94945, CA: higher priced homes
- 44123, OH: less expensive homes
- 44241, OH: higher priced homes
- 94595, CA: higher priced homes
- 91901, CA: higher priced homes
- 48051, MI: higher priced homes
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