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These days, finding an affordable place to live in the 38387 area can be challenging. Home prices in 38387 are now at a median cost of $68,624, lower than the Tennessee average of $218,916.
The average cost of rent is $819/mo in 38387, primarily driven by the current value of real estate in the 38387 area. While nearly 69.32% of residents own their homes outright in 38387, 17.05% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38387 is $2,693 per month. Households that rent pay about 30.43% of their income on rent here. 38387's most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38390, TN: higher priced homes
- 38318, TN: higher priced homes
- 38388, TN: higher priced homes
- 38344, TN: higher priced homes
- 38341, TN: higher priced homes
- 38321, TN: higher priced homes
- 38235, TN: higher priced homes
- 38380, TN: higher priced homes
- 38348, TN: higher priced homes
- 38220, TN: higher priced homes
Zip Codes with Similar Populations
- 32639, FL: higher priced homes
- 43077, OH: higher priced homes
- 41621, KY: higher priced homes
- 41547, KY: less expensive homes
- 41421, KY: less expensive homes
- 40334, KY: higher priced homes
- 39054, MS: equally priced homes
- 38944, MS: higher priced homes
- 38720, MS: less expensive homes
- 36538, AL: higher priced homes
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