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These days, finding an affordable place to live in the 38481 area can be challenging. Home prices in 38481 are now at a median cost of $172,459, lower than the Tennessee average of $315,131.
The average cost of rent is $652/mo in 38481, primarily driven by the current value of real estate in the 38481 area. In 38481, 13.44% of households rent, and 55.10% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38481 is $4,128 per month. Households that rent pay about 15.79% of their income on rent here. 38481’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern 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
- 38469, TN: higher priced homes
- 35648, AL: equally priced homes
- 38463, TN: less expensive homes
- 38486, TN: higher priced homes
- 38457, TN: equally priced homes
- 38468, TN: higher priced homes
- 35610, AL: equally priced homes
- 38452, TN: less expensive homes
- 38450, TN: less expensive homes
- 38473, TN: higher priced homes
Zip Codes with Similar Populations
- 84711, UT: higher priced homes
- 26238, WV: less expensive homes
- 26419, WV: less expensive homes
- 27916, NC: higher priced homes
- 28736, NC: higher priced homes
- 38311, TN: equally priced homes
- 56039, MN: equally priced homes
- 56219, MN: less expensive homes
- 78932, TX: higher priced homes
- 82523, WY: higher priced homes
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