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These days, finding an affordable place to live in the 38559 area can be challenging. Home prices in 38559 are now at a median cost of $202,847, lower than the Tennessee average of $315,131.
The average cost of rent is $906/mo in 38559, primarily driven by the current value of real estate in the 38559 area. In 38559, 18.73% of households rent, and 54.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38559 is $4,229 per month. Households that rent pay about 21.42% of their income on rent here. 38559’s most expensive areas are in the western regions, while the cheapest areas are in the northern 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
- 38579, TN: higher priced homes
- 38587, TN: equally priced homes
- 38583, TN: equally priced homes
- 38581, TN: equally priced homes
- 37166, TN: higher priced homes
- 38578, TN: less expensive homes
- 38572, TN: higher priced homes
- 37059, TN: higher priced homes
- 38555, TN: higher priced homes
- 37095, TN: equally priced homes
Zip Codes with Similar Populations
- 87560, NM: equally priced homes
- 55732, MN: less expensive homes
- 54965, WI: equally priced homes
- 54541, WI: equally priced homes
- 54420, WI: equally priced homes
- 50628, IA: less expensive homes
- 50597, IA: equally priced homes
- 50251, IA: equally priced homes
- 49876, MI: less expensive homes
- 49853, MI: less expensive homes
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