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Cheapest ZIPs in Shelby County, TN

The 10 most affordable ZIP codes in Shelby County, TN with HavenScore: 60 or higher, ranked by median home value. Refreshed October 2026.

  1. 1
    38106
    Memphis, TN
    $58,308
    HavenScore: 62
  2. 2
    38108
    Memphis, TN
    $72,485
    HavenScore: 64
  3. 3
    38114
    Memphis, TN
    $74,680
    HavenScore: 60
  4. 4
    38127
    Memphis, TN
    $90,536
    HavenScore: 61
  5. 5
    38109
    Memphis, TN
    $92,137
    HavenScore: 62
  6. 6
    38122
    Memphis, TN
    $125,711
    HavenScore: 61
  7. 7
    38112
    Memphis, TN
    $126,763
    HavenScore: 64
  8. 8
    38111
    Memphis, TN
    $134,734
    HavenScore: 64
  9. 9
    38141
    Memphis, TN
    $191,459
    HavenScore: 60
  10. 10
    38117
    Memphis, TN
    $268,148
    HavenScore: 65

Shelby County against Tennessee

The middle scored ZIP in each: 33 ZIPs in Shelby County, 588 in Tennessee. HavenScore, scored October 1, 2026. Typical home value: Zillow, August 2026.

FigureShelby CountyTennessee
Typical home value, Zillow$227K$271K
HavenScore6055

Every scored ZIP in Shelby County, TN

All 33 scored ZIPs, A to Z by city. The list above ranks only the cheapest. HavenScore, scored October 1, 2026. Typical home value: Zillow, August 2026.

Each row: ZIP, city, HavenScore (0–100), typical home value (Zillow).

Cities in Shelby County

Related pages

Frequently asked questions

How is "cheapest" measured in this list?
ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.
Are these really the 10 cheapest ZIPs in Shelby County, TN?
These are the 10 lowest-priced ZIPs in Shelby County, TN that score HavenScore: 60 or higher. ZIPs that score lower are left out, and each listed ZIP shows its score.
How often is this list updated?
This page refreshes monthly when our pipeline ingests new data from Zillow, Realtor, Redfin, and Census.