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These days, finding an affordable place to live in the 38563 area can be challenging. Home prices in 38563 are now at a median cost of $183,283, lower than the Tennessee average of $218,916.
The average cost of rent is $823/mo in 38563, primarily driven by the current value of real estate in the 38563 area. While nearly 42.06% of residents own their homes outright in 38563, 23.08% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38563 is $4,473 per month. Households that rent pay about 18.39% of their income on rent here. 38563's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 38547, TN: equally priced homes
- 38567, TN: equally priced homes
- 37030, TN: equally priced homes
- 38560, TN: less expensive homes
- 37012, TN: less expensive homes
- 38569, TN: equally priced homes
- 38552, TN: less expensive homes
- 38548, TN: equally priced homes
- 37184, TN: higher priced homes
- 38564, TN: less expensive homes
Zip Codes with Similar Populations
- 70357, LA: less expensive homes
- 23410, VA: less expensive homes
- 26711, WV: equally priced homes
- 27890, NC: less expensive homes
- 28523, NC: less expensive homes
- 37047, TN: equally priced homes
- 37097, TN: less expensive homes
- 40068, KY: higher priced homes
- 57744, SD: higher priced homes
- 70041, LA: less expensive homes
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