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These days, finding an affordable place to live in the 38504 area can be challenging. Home prices in 38504 are now at a median cost of $92,671, lower than the Tennessee average of $218,916.
The average cost of rent is $706/mo in 38504, primarily driven by the current value of real estate in the 38504 area. While nearly 69.68% of residents own their homes outright in 38504, 3.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38504 is $6,037 per month. Households that rent pay about 11.69% of their income on rent here. 38504's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 37733, TN: equally priced homes
- 38556, TN: equally priced homes
- 37852, TN: equally priced homes
- 37732, TN: higher priced homes
- 37872, TN: equally priced homes
- 37755, TN: equally priced homes
- 38565, TN: higher priced homes
- 38553, TN: higher priced homes
- 38589, TN: higher priced homes
- 37756, TN: less expensive homes
Zip Codes with Similar Populations
- 80705, CO: higher priced homes
- 26269, WV: higher priced homes
- 26337, WV: less expensive homes
- 28006, NC: higher priced homes
- 29469, SC: higher priced homes
- 97536, OR: higher priced homes
- 36205, AL: higher priced homes
- 95017, CA: higher priced homes
- 94586, CA: higher priced homes
- 38674, MS: higher priced homes
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