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These days, finding an affordable place to live in the 38581 area can be challenging. Home prices in 38581 are now at a median cost of $130,622, lower than the Tennessee average of $218,916.
The average cost of rent is $670/mo in 38581, primarily driven by the current value of real estate in the 38581 area. While nearly 61.07% of residents own their homes outright in 38581, 16.74% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38581 is $4,352 per month. Households that rent pay about 15.41% of their income on rent here. 38581's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 38579, TN: higher priced homes
- 38587, TN: less expensive homes
- 37110, TN: equally priced homes
- 38559, TN: higher priced homes
- 38585, TN: less expensive homes
- 37357, TN: higher priced homes
- 37190, TN: higher priced homes
- 37367, TN: equally priced homes
- 37026, TN: higher priced homes
- 37018, TN: higher priced homes
Zip Codes with Similar Populations
- 06417, CT: higher priced homes
- 85939, AZ: higher priced homes
- 66508, KS: less expensive homes
- 65079, MO: higher priced homes
- 10925, NY: higher priced homes
- 95236, CA: higher priced homes
- 95423, CA: higher priced homes
- 96754, HI: higher priced homes
- 97004, OR: higher priced homes
- 97115, OR: higher priced homes
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