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Affordable
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These days, finding an affordable place to live in the 38391 area can be challenging. Home prices in 38391 are now at a median cost of $133,294, lower than the Tennessee average of $315,131.
The average cost of rent is $1,119/mo in 38391, primarily driven by the current value of real estate in the 38391 area. In 38391, 19.54% of households rent, and 59.32% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38391 is $6,699 per month. Households that rent pay about 16.71% of their income on rent here. 38391’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 38392, TN: less expensive homes
- 38356, TN: higher priced homes
- 38301, TN: equally priced homes
- 38305, TN: higher priced homes
- 38366, TN: higher priced homes
- 38012, TN: higher priced homes
- 38313, TN: higher priced homes
- 38340, TN: higher priced homes
- 38069, TN: less expensive homes
- 38352, TN: higher priced homes
Zip Codes with Similar Populations
- 57313, SD: equally priced homes
- 65662, MO: higher priced homes
- 65046, MO: higher priced homes
- 63848, MO: less expensive homes
- 63436, MO: equally priced homes
- 62964, IL: less expensive homes
- 62912, IL: equally priced homes
- 62295, IL: higher priced homes
- 62214, IL: higher priced homes
- 62063, IL: higher priced homes
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