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These days, finding an affordable place to live in the 38362 area can be challenging. Home prices in 38362 are now at a median cost of $152,233, lower than the Tennessee average of $218,916.
The average cost of rent is $1,088/mo in 38362, primarily driven by the current value of real estate in the 38362 area. While nearly 40.94% of residents own their homes outright in 38362, 17.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38362 is $5,198 per month. Households that rent pay about 20.93% of their income on rent here. 38362's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38305, TN: higher priced homes
- 38355, TN: higher priced homes
- 38301, TN: less expensive homes
- 38343, TN: equally priced homes
- 38348, TN: less expensive homes
- 38337, TN: less expensive homes
- 38321, TN: less expensive homes
- 38345, TN: less expensive homes
- 38006, TN: less expensive homes
- 38001, TN: less expensive homes
Zip Codes with Similar Populations
- 04476, ME: higher priced homes
- 04676, ME: higher priced homes
- 17243, PA: equally priced homes
- 04765, ME: less expensive homes
- 04945, ME: equally priced homes
- 16845, PA: less expensive homes
- 05738, VT: higher priced homes
- 96051, CA: higher priced homes
- 14109, NY: less expensive homes
- 14784, NY: less expensive homes
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