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These days, finding an affordable place to live in the 38565 area can be challenging. Home prices in 38565 are now at a median cost of $194,911, lower than the Tennessee average of $315,131.
The average cost of rent is $1,201/mo in 38565, primarily driven by the current value of real estate in the 38565 area. In 38565, 12.29% of households rent, and 35.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38565 is $5,040 per month. Households that rent pay about 23.84% of their income on rent here. 38565’s most expensive areas are in the central 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
- 38553, TN: less expensive homes
- 38589, TN: equally priced homes
- 38554, TN: less expensive homes
- 37726, TN: less expensive homes
- 38542, TN: less expensive homes
- 38574, TN: equally priced homes
- 38504, TN: less expensive homes
- 37872, TN: less expensive homes
- 37733, TN: less expensive homes
- 38580, TN: equally priced homes
Zip Codes with Similar Populations
- 15056, PA: less expensive homes
- 15225, PA: less expensive homes
- 62074, IL: equally priced homes
- 71726, AR: less expensive homes
- 71326, LA: less expensive homes
- 71237, LA: less expensive homes
- 71219, LA: less expensive homes
- 71046, LA: less expensive homes
- 68443, NE: less expensive homes
- 68015, NE: higher priced homes
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