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These days, finding an affordable place to live in the 38488 area can be challenging. Home prices in 38488 are now at a median cost of $238,580, lower than the Tennessee average of $315,131.
The average cost of rent is $869/mo in 38488, primarily driven by the current value of real estate in the 38488 area. In 38488, 16.73% of households rent, and 53.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38488 is $6,001 per month. Households that rent pay about 14.47% of their income on rent here. 38488’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern 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
- 38449, TN: equally priced homes
- 35739, AL: equally priced homes
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- 37334, TN: equally priced homes
- 38453, TN: higher priced homes
- 38455, TN: equally priced homes
- 38459, TN: higher priced homes
- 37348, TN: less expensive homes
- 37335, TN: less expensive homes
- 38477, TN: equally priced homes
Zip Codes with Similar Populations
- 71454, LA: less expensive homes
- 46056, IN: equally priced homes
- 47633, IN: less expensive homes
- 48818, MI: less expensive homes
- 52773, IA: less expensive homes
- 53035, WI: higher priced homes
- 53968, WI: equally priced homes
- 56209, MN: equally priced homes
- 56510, MN: less expensive homes
- 57062, SD: less expensive homes
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