38112
Memphis, Tennessee.
Memphis, Shelby County, TN · Memphis, TN-MS-AR metro · population 16,809
to buy the typical home at today's mortgage rate — +$868 (+92%) since Jan 2020.
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- United States$1,811
Typical home values in zip 38112 fell 8.4% over the past year — slower than the nation's +1.2%.
Asking rents in zip 38112 rose 3.0% over the past year — faster than the nation's +2.7%.
Zillow also publishes an index for the city itself: Memphis, TN — measured over the city limits, which is a different area from this zip.
Asking rent — 38112
Against the Memphis, TN-MS-AR metro and the national benchmark.
- 38112$1,233
- Memphis$1,393
- United States$1,932
Within 20 miles
Showing 30 of 40 zips in range — sorting picks from all 40.
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 1.9 | 38104 | Memphis | 22,634 | $1,265 | $248,684 |
| 2.1 | 38108 | Memphis | 17,562 | $1,085 | $66,545 |
| 3.1 | 38107 | Memphis | 13,912 | $1,227 | $103,875 |
| 3.1 | 38122 | Memphis | 26,021 | $1,119 | $120,792 |
| 3.2 | 38111 | Memphis | 41,934 | $1,280 | $130,811 |
| 3.3 | 38105 | Memphis | 5,534 | $1,101 | $107,372 |
| 3.6 | 38114 | Memphis | 20,298 | $929 | $70,758 |
| 4.1 | 38126 | Memphis | 5,946 | — | $72,413 |
| 4.5 | 38103 | Memphis | 14,534 | $1,538 | $319,364 |
| 4.6 | 38117 | Memphis | 25,776 | $1,466 | $264,140 |
| 4.7 | 38106 | Memphis | 20,962 | $908 | $54,692 |
| 6.1 | 38128 | Memphis | 42,162 | $1,198 | $143,481 |
| 6.6 | 38127 | Memphis | 39,541 | $1,085 | $86,555 |
| 6.9 | 38134 | Memphis | 43,947 | $1,206 | $222,769 |
| 7.2 | 38120 | Memphis | 13,309 | $1,563 | $422,325 |
| 8.1 | 38118 | Memphis | 39,107 | $1,178 | $120,452 |
| 8.2 | 38116 | Memphis | 40,061 | $928 | $151,252 |
| 8.8 | 38119 | Memphis | 23,464 | $1,472 | $288,176 |
| 9.1 | 38115 | Memphis | 38,491 | $1,029 | $160,944 |
| 9.5 | 38135 | Memphis | 30,317 | $1,799 | $294,757 |
| 10.9 | 38138 | Germantown | 25,167 | $2,259 | $429,441 |
| 11.2 | 38133 | Memphis | 21,278 | $1,648 | $271,021 |
| 11.4 | 38141 | Memphis | 23,952 | $1,570 | $188,113 |
| 11.5 | 72301 | West Memphis | 23,959 | $1,200 | $131,658 |
| 11.9 | 38018 | Cordova | 38,527 | $1,658 | $287,250 |
| 11.9 | 38109 | Memphis | 42,452 | $1,151 | $87,744 |
| 12.4 | 38016 | Cordova | 44,136 | $1,495 | $290,354 |
| 12.6 | 72364 | Marion | 16,034 | $1,105 | $238,873 |
| 12.8 | 38671 | Southaven | 37,319 | $1,505 | $233,503 |
| 13.1 | 38053 | Millington | 25,303 | $1,533 | $239,859 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.