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These days, finding an affordable place to live in the 38487 area can be challenging. Home prices in 38487 are now at a median cost of $185,028, lower than the Tennessee average of $218,916.
The average cost of rent is $739/mo in 38487, primarily driven by the current value of real estate in the 38487 area. While nearly 57.67% of residents own their homes outright in 38487, 20.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38487 is $3,881 per month. Households that rent pay about 19.04% of their income on rent here. 38487's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 38482, TN: higher priced homes
- 38454, TN: less expensive homes
- 38476, TN: higher priced homes
- 38401, TN: higher priced homes
- 37098, TN: less expensive homes
- 37033, TN: less expensive homes
- 37137, TN: less expensive homes
- 37174, TN: higher priced homes
- 37179, TN: higher priced homes
- 37140, TN: less expensive homes
Zip Codes with Similar Populations
- 04292, ME: less expensive homes
- 99330, WA: higher priced homes
- 94592, CA: higher priced homes
- 93243, CA: higher priced homes
- 84633, UT: higher priced homes
- 84033, UT: higher priced homes
- 83320, ID: higher priced homes
- 79052, TX: less expensive homes
- 77456, TX: less expensive homes
- 76599, TX: less expensive homes
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