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These days, finding an affordable place to live in the 38545 area can be challenging. Home prices in 38545 are now at a median cost of $142,806, lower than the Tennessee average of $218,916.
The average cost of rent is $728/mo in 38545, primarily driven by the current value of real estate in the 38545 area. While nearly 49.08% of residents own their homes outright in 38545, 12.88% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38545 is $4,771 per month. Households that rent pay about 15.26% of their income on rent here. 38545's most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38544, TN: higher priced homes
- 38501, TN: higher priced homes
- 38564, TN: less expensive homes
- 38505, TN: higher priced homes
- 38562, TN: less expensive homes
- 38548, TN: higher priced homes
- 38582, TN: higher priced homes
- 38552, TN: equally priced homes
- 38506, TN: higher priced homes
- 38560, TN: equally priced homes
Zip Codes with Similar Populations
- 98923, WA: higher priced homes
- 04955, ME: equally priced homes
- 05483, VT: higher priced homes
- 06242, CT: higher priced homes
- 96118, CA: higher priced homes
- 13608, NY: less expensive homes
- 13650, NY: higher priced homes
- 13839, NY: less expensive homes
- 14028, NY: equally priced homes
- 14898, NY: less expensive homes
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