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These days, finding an affordable place to live in the 38553 area can be challenging. Home prices in 38553 are now at a median cost of $158,766, lower than the Tennessee average of $315,131.
The average cost of rent is $1,211/mo in 38553, primarily driven by the current value of real estate in the 38553 area. In 38553, 8.26% of households rent, and 49.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38553 is $5,283 per month. Households that rent pay about 22.92% of their income on rent here. 38553’s most expensive areas are in the northwestern 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
- 38565, TN: higher priced homes
- 38589, TN: higher priced homes
- 38554, TN: equally priced homes
- 37726, TN: equally priced homes
- 38574, TN: higher priced homes
- 38542, TN: equally priced homes
- 38504, TN: equally priced homes
- 37770, TN: less expensive homes
- 37872, TN: less expensive homes
- 38580, TN: higher priced homes
Zip Codes with Similar Populations
- 18405, PA: higher priced homes
- 06069, CT: higher priced homes
- 21822, MD: higher priced homes
- 16611, PA: equally priced homes
- 16145, PA: higher priced homes
- 36279, AL: equally priced homes
- 29474, SC: less expensive homes
- 14817, NY: higher priced homes
- 65663, MO: higher priced homes
- 67546, KS: higher priced homes
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