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Affordable
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These days, finding an affordable place to live in the 38560 area can be challenging. Home prices in 38560 are now at a median cost of $242,591, lower than the Tennessee average of $315,131.
The average cost of rent is $761/mo in 38560, primarily driven by the current value of real estate in the 38560 area. In 38560, 22.57% of households rent, and 59.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38560 is $6,262 per month. Households that rent pay about 12.16% of their income on rent here. 38560’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern 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
- 38552, TN: equally priced homes
- 38548, TN: equally priced homes
- 37030, TN: equally priced homes
- 38564, TN: less expensive homes
- 38567, TN: higher priced homes
- 38563, TN: equally priced homes
- 38569, TN: higher priced homes
- 38547, TN: equally priced homes
- 37145, TN: less expensive homes
- 37151, TN: equally priced homes
Zip Codes with Similar Populations
- 54159, WI: less expensive homes
- 65739, MO: higher priced homes
- 65650, MO: less expensive homes
- 61412, IL: less expensive homes
- 61370, IL: less expensive homes
- 61078, IL: less expensive homes
- 57077, SD: higher priced homes
- 57070, SD: equally priced homes
- 57002, SD: equally priced homes
- 56316, MN: equally priced homes
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