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These days, finding an affordable place to live in the 38477 area can be challenging. Home prices in 38477 are now at a median cost of $222,634, lower than the Tennessee average of $315,131.
The average cost of rent is $932/mo in 38477, primarily driven by the current value of real estate in the 38477 area. In 38477, 13.50% of households rent, and 50.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38477 is $5,442 per month. Households that rent pay about 17.13% of their income on rent here. 38477’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern 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
- 38455, TN: higher priced homes
- 38449, TN: higher priced homes
- 35620, AL: equally priced homes
- 35647, AL: higher priced homes
- 38460, TN: less expensive homes
- 38473, TN: equally priced homes
- 38453, TN: higher priced homes
- 35739, AL: equally priced homes
- 38459, TN: higher priced homes
- 38488, TN: equally priced homes
Zip Codes with Similar Populations
- 66935, KS: less expensive homes
- 49799, MI: less expensive homes
- 03237, NH: higher priced homes
- 55054, MN: higher priced homes
- 55614, MN: less expensive homes
- 56467, MN: higher priced homes
- 62917, IL: less expensive homes
- 63102, MO: less expensive homes
- 65039, MO: higher priced homes
- 65745, MO: less expensive homes
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