Housing market/Tennessee/ZIP 37381
ZIP 37381 Spring City, Rhea County, Tennessee
Rhea County, TN · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 37381 · TN — sent to you.
ZIP 37381 · TN
ACS rent vs 2BR SAFMR
ZIP 37381 — Spring City, TN HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 37381
- 1-unit detached3,59471.8%
- 1-unit attached360.7%
- 2–4 units1543.1%
- 5–49 units430.9%
- Mobile1,17723.5%
2–4 unit share 3.1% · 5–49 unit share 0.9% · combined 2–49 3.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $761 (all bedrooms, occupied rentals).
- Median contract rent $491.
- Renters paying ≥30% of income 46.2%; ≥50% 32.8%.
- FY2027 2BR SAFMR $1,010 (1.327× ACS median gross rent).
Population
10,170 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +11.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 51 units.
- HUD project-based assisted MF: 1 properties, 30 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 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 37381 21.1% of occupied households are renters; vacancy is 19.6%; ACS median gross rent is $761; population increased +11.7% between the 2018 and 2023 ACS vintages; the housing stock includes 154 units in 2–4-unit structures and 43 units in 5–49-unit structures; 2 LIHTC projects totaling 51 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $761. 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 37381 is a Census / HUD profile for Rhea County, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 37381 — Spring City, TN HUD Section 8 Payment Standards / SAFMR·Tennessee ZIP directory
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 37381?
ZIP 37381 (Rhea County, TN) has 10,170 residents, 4,024 households, a renter share of 21.1%, median household income of $57,553, and ACS 2023 median gross rent of $761. Vacancy is 19.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 37381?
ACS counts 30 units in 2-unit buildings, 124 in 3–4 unit buildings, 19 in 5–9, 24 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 197 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 37381?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 37381 — Spring City, TN HUD Section 8 Payment Standards / SAFMR.
Does this Tennessee ZIP profile include Georgia listings?
No. ZIP 37381 is Census / HUD research for Rhea County, TN. 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.