Housing market/Tennessee/ZIP 37343

ACS 2023 · FY2027 SAFMR

ZIP 37343 Hixson, Tennessee

Chattanooga, TN-GA MSA · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
44,572
Households
17,861
Median HH income
$79,177
Renter share
22.3%
Median gross rent
$1,258
Vacancy
6.2%
Pop. change
+7.0%
2BR SAFMR
$1,530
SAFMR / rent
1.216×
2–49 unit stock
2,241
LIHTC proj / units
2 / 203
HUD assisted MF
3 / 197

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37343 · TN — sent to you.

ZIP 37343 · TN

ACS median rent$1,258
2BR SAFMR$1,530
90% floor$1,377
110% ceiling$1,683

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 37343

  • 1-unit detached15,03979.0%
  • 1-unit attached6843.6%
  • 2–4 units9314.9%
  • 5–49 units1,3106.9%
  • 50+ units4252.2%
  • Mobile6423.4%
TypeUnitsShare
1-unit detached15,03979.0%
1-unit attached6843.6%
2 units (duplex)7113.7%
3–4 units2201.2%
5–9 units1911.0%
10–19 units4522.4%
20–49 units6673.5%
50+ units4252.2%
Mobile6423.4%

2–4 unit share 4.9% · 5–49 unit share 6.9% · combined 2–49 11.8%.

Units by bedrooms

Studio
211
1BR
838
2BR
3,267
3BR
8,429
4BR
5,043
5+
1,243

Rent burden

Rent ≥30% of income41.5%
Rent ≥50% of income25.1%
  • ACS median gross rent $1,258 (all bedrooms, occupied rentals).
  • Median contract rent $1,092.
  • Renters paying ≥30% of income 41.5%; ≥50% 25.1%.
  • FY2027 2BR SAFMR $1,530 (1.216× ACS median gross rent).

Population

44,572 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.0%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 2 projects, 203 units.
  • HUD project-based assisted MF: 3 properties, 197 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 24 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 37343 22.3% of occupied households are renters; vacancy is 6.2%; ACS median gross rent is $1,258; population increased +7.0% between the 2018 and 2023 ACS vintages; the housing stock includes 931 units in 2–4-unit structures and 1,310 units in 5–49-unit structures; 2 LIHTC projects totaling 203 units; FY2027 2BR SAFMR is $1,530 versus ACS median gross rent of $1,258. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Tennessee research

ZIP 37343 is a Census / HUD profile for Hixson, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Tennessee research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 37343?

ZIP 37343 (Chattanooga, TN-GA MSA) has 44,572 residents, 17,861 households, a renter share of 22.3%, median household income of $79,177, and ACS 2023 median gross rent of $1,258. Vacancy is 6.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37343?

ACS counts 711 units in 2-unit buildings, 220 in 3–4 unit buildings, 191 in 5–9, 452 in 10–19, and 667 in 20–49. Combined 2–49 unit stock is 2,241 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37343?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,530. See the full schedule and 90–110% payment-standard band on the ZIP 37343 — Hixson, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37343 is Census / HUD research for Chattanooga, TN-GA MSA. Jeff Crowe CRE does not list Tennessee property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.