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These days, finding an affordable place to live in the 38457 area can be challenging. Home prices in 38457 are now at a median cost of $96,928, lower than the Tennessee average of $218,916.
The average cost of rent is $514/mo in 38457, primarily driven by the current value of real estate in the 38457 area. While nearly 67.48% of residents own their homes outright in 38457, 20.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38457 is $4,200 per month. Households that rent pay about 12.23% of their income on rent here. 38457's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 35610, AL: higher priced homes
- 35648, AL: higher priced homes
- 38473, TN: higher priced homes
- 38469, TN: higher priced homes
- 38468, TN: higher priced homes
- 38460, TN: higher priced homes
- 38481, TN: less expensive homes
- 35647, AL: higher priced homes
- 38486, TN: equally priced homes
- 38477, TN: higher priced homes
Zip Codes with Similar Populations
- 47612, IN: equally priced homes
- 73042, OK: equally priced homes
- 72835, AR: higher priced homes
- 72099, AR: higher priced homes
- 56228, MN: higher priced homes
- 52325, IA: higher priced homes
- 49812, MI: higher priced homes
- 48735, MI: higher priced homes
- 48636, MI: less expensive homes
- 74572, OK: less expensive homes
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