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These days, finding an affordable place to live in the 38583 area can be challenging. Home prices in 38583 are now at a median cost of $201,613, lower than the Tennessee average of $315,131.
The average cost of rent is $829/mo in 38583, primarily driven by the current value of real estate in the 38583 area. In 38583, 22.90% of households rent, and 55.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 38583 is $4,694 per month. Households that rent pay about 17.66% of their income on rent here. 38583’s most expensive areas are in the northwestern 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
- 38559, TN: equally priced homes
- 38587, TN: equally priced homes
- 38579, TN: higher priced homes
- 38578, TN: less expensive homes
- 37166, TN: higher priced homes
- 38572, TN: higher priced homes
- 38571, TN: higher priced homes
- 37059, TN: higher priced homes
- 38555, TN: higher priced homes
- 37095, TN: equally priced homes
Zip Codes with Similar Populations
- 01886, MA: higher priced homes
- 90403, CA: higher priced homes
- 91403, CA: higher priced homes
- 37215, TN: higher priced homes
- 33144, FL: higher priced homes
- 32750, FL: higher priced homes
- 30017, GA: higher priced homes
- 29505, SC: less expensive homes
- 28443, NC: higher priced homes
- 28209, NC: higher priced homes
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