Affordable
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These days, finding an affordable place to live in the 38388 area can be challenging. Home prices in 38388 are now at a median cost of $122,014, lower than the Tennessee average of $218,916.
The average cost of rent is $743/mo in 38388, primarily driven by the current value of real estate in the 38388 area. While nearly 55.34% of residents own their homes outright in 38388, 19.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38388 is $4,947 per month. Households that rent pay about 15.02% of their income on rent here. 38388's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38390, TN: less expensive homes
- 38351, TN: equally priced homes
- 38387, TN: less expensive homes
- 38321, TN: less expensive homes
- 38328, TN: less expensive homes
- 38345, TN: equally priced homes
- 38348, TN: less expensive homes
- 38363, TN: less expensive homes
- 38341, TN: less expensive homes
- 38380, TN: less expensive homes
Zip Codes with Similar Populations
- 93283, CA: higher priced homes
- 87045, NM: less expensive homes
- 04555, ME: higher priced homes
- 05765, VT: higher priced homes
- 12121, NY: higher priced homes
- 12168, NY: higher priced homes
- 61028, IL: higher priced homes
- 72366, AR: less expensive homes
- 69356, NE: higher priced homes
- 68836, NE: higher priced homes
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