Most Affordable ZIP Codes in Paris, TN (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 38231 Henry, TN $202,121 $864 3.33% 7.1%
2 38256 Springville, TN $202,623 $1,089 4.19% 6.6%
3 38242 Paris, TN $216,551 $975 3.51% 7.6%
4 38251 Puryear, TN $217,100 $837 3.01% 7.8%
5 38224 Cottage Grove, TN $270,699 $837 2.41% 6.5%
6 38222 Buchanan, TN $294,965 $954 2.52% 7.4%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Paris, TN  ·  Appreciation in Paris, TN

Or see the full Paris, TN metro profile.