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These days, finding an affordable place to live in the 38401 area can be challenging. Home prices in 38401 are now at a median cost of $221,994, higher than the Tennessee average of $218,916.
The average cost of rent is $1,052/mo in 38401, primarily driven by the current value of real estate in the 38401 area. While nearly 37.97% of residents own their homes outright in 38401, 28.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38401 is $5,340 per month. Households that rent pay about 19.71% of their income on rent here. 38401's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 37174, TN: higher priced homes
- 38482, TN: equally priced homes
- 38474, TN: less expensive homes
- 38487, TN: less expensive homes
- 37179, TN: higher priced homes
- 38461, TN: less expensive homes
- 38454, TN: less expensive homes
- 37034, TN: equally priced homes
- 37046, TN: higher priced homes
- 37060, TN: higher priced homes
Zip Codes with Similar Populations
- 90037, CA: higher priced homes
- 43081, OH: equally priced homes
- 75040, TX: less expensive homes
- 75071, TX: higher priced homes
- 77386, TX: higher priced homes
- 77840, TX: equally priced homes
- 78664, TX: higher priced homes
- 85204, AZ: equally priced homes
- 89148, NV: higher priced homes
- 90026, CA: higher priced homes
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