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These days, finding an affordable place to live in the 38587 area can be challenging. Home prices in 38587 are now at a median cost of $102,397, lower than the Tennessee average of $218,916.
The average cost of rent is $800/mo in 38587, primarily driven by the current value of real estate in the 38587 area. While nearly 46.07% of residents own their homes outright in 38587, 27.53% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38587 is $3,096 per month. Households that rent pay about 25.84% of their income on rent here. 38587's most expensive areas are in the southern regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 38579, TN: higher priced homes
- 38559, TN: higher priced homes
- 38581, TN: higher priced homes
- 38583, TN: higher priced homes
- 37166, TN: higher priced homes
- 37059, TN: higher priced homes
- 37095, TN: higher priced homes
- 38578, TN: higher priced homes
- 37190, TN: higher priced homes
- 37016, TN: higher priced homes
Zip Codes with Similar Populations
- 15338, PA: equally priced homes
- 15345, PA: higher priced homes
- 58746, ND: higher priced homes
- 64762, MO: equally priced homes
- 64746, MO: higher priced homes
- 63769, MO: higher priced homes
- 62520, IL: higher priced homes
- 62262, IL: higher priced homes
- 61740, IL: higher priced homes
- 61272, IL: equally priced homes
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