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ZIP Code · TN

ZIP 38060

Part of Oakland, TN
Pop. 12,552·Fayette County·18th most expensive ZIP in Tennessee
Median rent (all units)
$2,125/mo
Year-over-Year
+5.0%
Month-over-Month
-1.5%
vs US Median
+$160
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 38060 · $2,125
More expensive than 67% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,200
1 BR
$1,330
2 BR
$1,510
3 BR
$1,980
4 BR+
$2,310
Research median
$1,510/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,500/yr
At $2,125/mo median
Location
StateTN
CountyFayette County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (5.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+5.0% YoY, -1.5% MoM), not inventory.
Demographics

Who lives here

ZIP 38060 (Oakland, TN) is majority owner-occupied, has a median income above the national average, 31.3% of residents hold a bachelor's degree or higher.

Population
12,552
Median income
$92,338
Median age
42.3
Renters
13.8%
Age distribution
19%
20.8%
25.6%
15.7%
18.9%
Under 1819%
18–3420.8%
35–5425.6%
55–6415.7%
65+18.9%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
65.1%
28.9%
White65.1%
Black28.9%
Hispanic2.5%
Other3.4%
Education (25+)
32.3%
32.6%
31.3%
No HS diploma3.8%
HS diploma32.3%
Some college32.6%
Bachelor's+31.3%
Housing tenure
86.2%
13.8%
Owner86.2%
Renter13.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 38060 in Oakland, TN has changed in 5 years

Income
$69,676 → $92,338
up 32.5%
Population
10,752 → 12,552
up 16.7%
Renter share
13.1% → 13.8%
+0.7 pts
Bachelor's+
24.4% → 31.3%
+6.9 pts

On the earnings side, the typical household in ZIP 38060 in Oakland, TN now reports about $92,338, up from $69,676 in 2021. The population has grown by 16.7% since 2021, moving from about 10,752 residents to roughly 12,552. College-educated residents now make up 31.3% of adults here, versus 24.4% in 2021.

Community

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Local insights

Tips for renters in ZIP 38060

About renting in ZIP 38060

Last updated: July 20, 2026

ZIP code 38060 covers Oakland, TN. The median rent here is $2,125/mo as of July 2026. A 1-bedroom rents for a median of $1,330/mo. A 2-bedroom rents for a median of $1,510/mo.

At 28% of local median household income ($92,338/yr), ZIP 38060 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.0% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 38060?

As of July 20, 2026, the median monthly rent in ZIP 38060 (Oakland, TN) is $2,125. This is based on aggregated data from public sources and community submissions.

How does ZIP 38060 rent compare to the US average?

ZIP 38060's median rent of $2,125/mo is $160 (8%) above the US national median of $1,965/mo.

How does ZIP 38060 compare to other ZIPs in Tennessee?

ZIP 38060 is one of the pricier ZIP codes in Tennessee, ranking #18 out of 145 ZIPs tracked at $2,125/mo.

How much income do you need to rent in ZIP 38060?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,125/mo in ZIP 38060. The local median household income is $92,338/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 38060?

Rent in ZIP 38060 has increased 5.0% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 38060 an affordable place to rent?

ZIP 38060 is considered affordable for renters. At $2,125/mo, rent takes approximately 28% of the local median household income ($92,338/yr). The standard benchmark is 30%. ZIP 38060 falls comfortably within that range.

What percentage of ZIP 38060 residents rent vs. own?

According to Census data, approximately 13.8% of ZIP 38060 households are renters, while 86.2% are owner-occupied. ZIP 38060 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 38060 compare to the rest of Oakland?

ZIP 38060 is pricier than Oakland as a whole. At $2,125/mo, it's $2 above the Oakland citywide median of $2,123/mo.

When was rent data for ZIP 38060 last updated?

Rent data for ZIP 38060 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
28%
AFFORDABLE

At $2,125/mo, rent takes ~28% of ZIP 38060's median household income ($92,338/yr). The standard benchmark is 30%.

ZIP 38060 28%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 38060 (Oakland, TN)

Recent submissions

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