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Affordable
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These days, finding an affordable place to live in the 38568 area can be challenging. Home prices in 38568 are now at a median cost of $169,908, lower than the Tennessee average of $315,131.
The average cost of rent is $720/mo in 38568, primarily driven by the current value of real estate in the 38568 area. In 38568, 21.43% of households rent, and 68.03% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38568 is $4,282 per month. Households that rent pay about 16.81% of their income on rent here. 38568’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern 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
- 38570, TN: equally priced homes
- 38551, TN: higher priced homes
- 38541, TN: equally priced homes
- 38562, TN: less expensive homes
- 38588, TN: higher priced homes
- 38573, TN: equally priced homes
- 38575, TN: less expensive homes
- 38542, TN: less expensive homes
- 38543, TN: less expensive homes
- 38549, TN: equally priced homes
Zip Codes with Similar Populations
- 27888, NC: less expensive homes
- 28679, NC: higher priced homes
- 30456, GA: less expensive homes
- 32044, FL: higher priced homes
- 55396, MN: higher priced homes
- 53586, WI: higher priced homes
- 56222, MN: higher priced homes
- 59523, MT: higher priced homes
- 60034, IL: higher priced homes
- 61491, IL: less expensive homes
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