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These days, finding an affordable place to live in the 38637 area can be challenging. Home prices in 38637 are now at a median cost of $122,595, lower than the Mississippi average of $145,564.
The average cost of rent is $1,135/mo in 38637, primarily driven by the current value of real estate in the 38637 area. While nearly 36.35% of residents own their homes outright in 38637, 42.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in 38637 is $4,641 per month. Households that rent pay about 24.45% of their income on rent here. 38637's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the zip.
Nearby Zip Codes
- 38671, MS: equally priced homes
- 38680, MS: higher priced homes
- 38116, TN: less expensive homes
- 38109, TN: less expensive homes
- 38672, MS: higher priced homes
- 38651, MS: higher priced homes
- 38641, MS: higher priced homes
- 38131, TN: less expensive homes
- 38132, TN: less expensive homes
- 38118, TN: less expensive homes
Zip Codes with Similar Populations
- 21239, MD: higher priced homes
- 00669, PR: less expensive homes
- 48336, MI: higher priced homes
- 29646, SC: equally priced homes
- 27262, NC: higher priced homes
- 23834, VA: higher priced homes
- 20007, DC: higher priced homes
- 15650, PA: higher priced homes
- 15212, PA: higher priced homes
- 12553, NY: higher priced homes
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