Housing market/Tennessee/ZIP 37774

ACS 2023 · FY2027 SAFMR

ZIP 37774 Loudon, Monroe County, Tennessee

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

Population
20,989
Households
9,263
Median HH income
$83,724
Renter share
13.8%
Median gross rent
$929
Vacancy
7.5%
Pop. change
+17.8%
2BR SAFMR
$1,280
SAFMR / rent
1.378×
2–49 unit stock
396
LIHTC proj / units
4 / 157
HUD assisted MF
3 / 179

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37774 · TN — sent to you.

ZIP 37774 · TN

ACS median rent$929
2BR SAFMR$1,280
90% floor$1,152
110% ceiling$1,408

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37774

  • 1-unit detached8,33083.1%
  • 1-unit attached3183.2%
  • 2–4 units1982.0%
  • 5–49 units1982.0%
  • 50+ units1821.8%
  • Mobile7947.9%
TypeUnitsShare
1-unit detached8,33083.1%
1-unit attached3183.2%
2 units (duplex)610.6%
3–4 units1371.4%
5–9 units1191.2%
10–19 units120.1%
20–49 units670.7%
50+ units1821.8%
Mobile7947.9%

2–4 unit share 2.0% · 5–49 unit share 2.0% · combined 2–49 4.0%.

Units by bedrooms

Studio
79
1BR
418
2BR
1,839
3BR
5,268
4BR
1,921
5+
495

Rent burden

Rent ≥30% of income32.5%
Rent ≥50% of income18.0%
  • ACS median gross rent $929 (all bedrooms, occupied rentals).
  • Median contract rent $745.
  • Renters paying ≥30% of income 32.5%; ≥50% 18.0%.
  • FY2027 2BR SAFMR $1,280 (1.378× ACS median gross rent).

Population

20,989 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +17.8%.

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

Assisted inventory

  • LIHTC: 4 projects, 157 units.
  • HUD project-based assisted MF: 3 properties, 179 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 235 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 37774 13.8% of occupied households are renters; vacancy is 7.5%; ACS median gross rent is $929; population increased +17.8% between the 2018 and 2023 ACS vintages; the housing stock includes 198 units in 2–4-unit structures and 198 units in 5–49-unit structures; 4 LIHTC projects totaling 157 units; FY2027 2BR SAFMR is $1,280 versus ACS median gross rent of $929. 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 37774 is a Census / HUD profile for Monroe County, 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 37774?

ZIP 37774 (Monroe County, TN) has 20,989 residents, 9,263 households, a renter share of 13.8%, median household income of $83,724, and ACS 2023 median gross rent of $929. Vacancy is 7.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37774?

ACS counts 61 units in 2-unit buildings, 137 in 3–4 unit buildings, 119 in 5–9, 12 in 10–19, and 67 in 20–49. Combined 2–49 unit stock is 396 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37774?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,280. See the full schedule and 90–110% payment-standard band on the ZIP 37774 — Loudon, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37774 is Census / HUD research for Monroe 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.