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These days, finding an affordable place to live in the 38564 area can be challenging. Home prices in 38564 are now at a median cost of $208,720, lower than the Tennessee average of $315,131.
The average cost of rent is $865/mo in 38564, primarily driven by the current value of real estate in the 38564 area. In 38564, 10.69% of households rent, and 54.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38564 is $4,972 per month. Households that rent pay about 17.40% of their income on rent here. 38564’s most expensive areas are in the southern 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
- 38552, TN: higher priced homes
- 38560, TN: higher priced homes
- 38548, TN: higher priced homes
- 38545, TN: equally priced homes
- 38562, TN: less expensive homes
- 37145, TN: equally priced homes
- 37030, TN: higher priced homes
- 38582, TN: higher priced homes
- 38544, TN: higher priced homes
- 38569, TN: higher priced homes
Zip Codes with Similar Populations
- 96092, CA: less expensive homes
- 87711, NM: less expensive homes
- 92305, CA: higher priced homes
- 38370, TN: less expensive homes
- 37151, TN: higher priced homes
- 36314, AL: less expensive homes
- 35149, AL: less expensive homes
- 34498, FL: higher priced homes
- 30148, GA: higher priced homes
- 87577, NM: higher priced homes
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