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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 $142,513, lower than the Tennessee average of $315,131.
The average cost of rent is $641/mo in 38463, primarily driven by the current value of real estate in the 38463 area. In 38463, 9.41% of households rent, and 56.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38463 is $4,463 per month. Households that rent pay about 14.37% of their income on rent here. 38463’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern 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
- 38452, TN: equally priced homes
- 38481, TN: higher priced homes
- 38450, TN: less expensive homes
- 38486, TN: higher priced homes
- 38469, TN: higher priced homes
- 38471, TN: equally priced homes
- 35648, AL: higher priced homes
- 35677, AL: higher priced homes
- 38457, TN: higher priced homes
- 38468, TN: higher priced homes
Zip Codes with Similar Populations
- 29638, SC: higher priced homes
- 72040, AR: less expensive homes
- 41774, KY: equally priced 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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