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These days, finding an affordable place to live in the 38361 area can be challenging. Home prices in 38361 are now at a median cost of $133,152, lower than the Tennessee average of $218,916.
The average cost of rent is $649/mo in 38361, primarily driven by the current value of real estate in the 38361 area. While nearly 42.89% of residents own their homes outright in 38361, 8.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38361 is $4,225 per month. Households that rent pay about 15.36% of their income on rent here. 38361's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38359, TN: less expensive homes
- 38310, TN: less expensive homes
- 38327, TN: higher priced homes
- 38370, TN: less expensive homes
- 38371, TN: less expensive homes
- 38332, TN: equally priced homes
- 38372, TN: less expensive homes
- 38311, TN: higher priced homes
- 38347, TN: equally priced homes
- 38475, TN: less expensive homes
Zip Codes with Similar Populations
- 81630, CO: higher priced homes
- 31066, GA: higher priced homes
- 36524, AL: less expensive homes
- 37171, TN: higher priced homes
- 39633, MS: less expensive homes
- 40460, KY: less expensive homes
- 41631, KY: less expensive homes
- 41837, KY: less expensive homes
- 42054, KY: higher priced homes
- 49279, MI: equally priced homes
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