Housing market/Tennessee/ZIP 37716

ACS 2023 · FY2027 SAFMR

ZIP 37716 Clinton, Tennessee

Knoxville, TN HUD Metro FMR Area · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
26,361
Households
10,511
Median HH income
$61,250
Renter share
25.1%
Median gross rent
$887
Vacancy
8.3%
Pop. change
-2.4%
2BR SAFMR
$1,200
SAFMR / rent
1.353×
2–49 unit stock
1,322
LIHTC proj / units
4 / 323
HUD assisted MF
3 / 236

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 37716 · TN — sent to you.

ZIP 37716 · TN

ACS median rent$887
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37716

  • 1-unit detached8,27772.3%
  • 1-unit attached700.6%
  • 2–4 units4754.2%
  • 5–49 units8477.4%
  • 50+ units2221.9%
  • Mobile1,55013.5%
TypeUnitsShare
1-unit detached8,27772.2%
1-unit attached700.6%
2 units (duplex)260.2%
3–4 units4493.9%
5–9 units3533.1%
10–19 units3943.4%
20–49 units1000.9%
50+ units2221.9%
Mobile1,55013.5%

2–4 unit share 4.1% · 5–49 unit share 7.4% · combined 2–49 11.5%.

Units by bedrooms

Studio
95
1BR
715
2BR
2,933
3BR
5,943
4BR
1,212
5+
563

Rent burden

Rent ≥30% of income37.0%
Rent ≥50% of income20.7%
  • ACS median gross rent $887 (all bedrooms, occupied rentals).
  • Median contract rent $670.
  • Renters paying ≥30% of income 37.0%; ≥50% 20.7%.
  • FY2027 2BR SAFMR $1,200 (1.353× ACS median gross rent).

Population

26,361 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.4%.

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

Assisted inventory

  • LIHTC: 4 projects, 323 units.
  • HUD project-based assisted MF: 3 properties, 236 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 91 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 37716 25.1% of occupied households are renters; vacancy is 8.3%; ACS median gross rent is $887; population changed -2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 475 units in 2–4-unit structures and 847 units in 5–49-unit structures; 4 LIHTC projects totaling 323 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $887. 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 37716 is a Census / HUD profile for Knoxville, 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 37716?

ZIP 37716 (Knoxville, TN HUD Metro FMR Area) has 26,361 residents, 10,511 households, a renter share of 25.1%, median household income of $61,250, and ACS 2023 median gross rent of $887. Vacancy is 8.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37716?

ACS counts 26 units in 2-unit buildings, 449 in 3–4 unit buildings, 353 in 5–9, 394 in 10–19, and 100 in 20–49. Combined 2–49 unit stock is 1,322 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37716?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 37716 — Clinton, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37716 is Census / HUD research for Knoxville, TN HUD Metro FMR Area. 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.