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These days, finding an affordable place to live in the 38463 area can be challenging. Home prices in 38463 are now at a median cost of $118,828, lower than the Tennessee average of $218,916.
The average cost of rent is $498/mo in 38463, primarily driven by the current value of real estate in the 38463 area. While nearly 53.98% of residents own their homes outright in 38463, 14.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38463 is $3,524 per month. Households that rent pay about 14.14% of their income on rent here. 38463's most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38452, TN: less expensive homes
- 38481, TN: less expensive homes
- 38450, TN: less expensive homes
- 38486, TN: less expensive homes
- 38469, TN: equally priced homes
- 38471, TN: less expensive homes
- 35648, AL: equally priced homes
- 35677, AL: higher priced homes
- 38457, TN: less expensive homes
- 38468, TN: higher priced homes
Zip Codes with Similar Populations
- 29638, SC: equally priced homes
- 72040, AR: less expensive homes
- 41774, KY: less expensive homes
- 42266, KY: higher priced homes
- 04040, ME: higher priced homes
- 49232, MI: higher priced homes
- 50170, IA: higher priced homes
- 50423, IA: less expensive homes
- 58421, ND: higher priced homes
- 69145, NE: less expensive homes
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