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These days, finding an affordable place to live in the 38589 area can be challenging. Home prices in 38589 are now at a median cost of $127,907, lower than the Tennessee average of $218,916.
The average cost of rent is $809/mo in 38589, primarily driven by the current value of real estate in the 38589 area. While nearly 53.18% of residents own their homes outright in 38589, 15.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38589 is $4,041 per month. Households that rent pay about 20.02% of their income on rent here. 38589's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the zip.
Nearby Zip Codes
- 38554, TN: equally priced homes
- 38565, TN: equally priced homes
- 38542, TN: equally priced homes
- 38553, TN: equally priced homes
- 38574, TN: higher priced homes
- 38580, TN: higher priced homes
- 38570, TN: equally priced homes
- 37726, TN: less expensive homes
- 38504, TN: less expensive homes
- 37733, TN: less expensive homes
Zip Codes with Similar Populations
- 52334, IA: higher priced homes
- 48440, MI: higher priced homes
- 49282, MI: higher priced homes
- 49728, MI: higher priced homes
- 49833, MI: higher priced homes
- 50042, IA: less expensive homes
- 50243, IA: higher priced homes
- 50837, IA: less expensive homes
- 52257, IA: higher priced homes
- 47983, IN: higher priced homes
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