Housing market/Tennessee/ZIP 37849

ACS 2023 · FY2027 SAFMR

ZIP 37849 Powell, 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
28,872
Households
10,800
Median HH income
$83,400
Renter share
20.2%
Median gross rent
$1,097
Vacancy
5.8%
Pop. change
+6.7%
2BR SAFMR
$1,370
SAFMR / rent
1.249×
2–49 unit stock
732
LIHTC proj / units
4 / 214
HUD assisted MF
2 / 150

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37849 · TN — sent to you.

ZIP 37849 · TN

ACS median rent$1,097
2BR SAFMR$1,370
90% floor$1,233
110% ceiling$1,507

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37849

  • 1-unit detached8,60175.0%
  • 1-unit attached8517.4%
  • 2–4 units3883.4%
  • 5–49 units3443.0%
  • 50+ units1841.6%
  • Mobile1,0979.6%
TypeUnitsShare
1-unit detached8,60175.0%
1-unit attached8517.4%
2 units (duplex)1851.6%
3–4 units2031.8%
5–9 units1521.3%
10–19 units700.6%
20–49 units1221.1%
50+ units1841.6%
Mobile1,0979.6%

2–4 unit share 3.4% · 5–49 unit share 3.0% · combined 2–49 6.4%.

Units by bedrooms

Studio
12
1BR
474
2BR
2,241
3BR
6,016
4BR
2,249
5+
473

Rent burden

Rent ≥30% of income45.1%
Rent ≥50% of income24.5%
  • ACS median gross rent $1,097 (all bedrooms, occupied rentals).
  • Median contract rent $883.
  • Renters paying ≥30% of income 45.1%; ≥50% 24.5%.
  • FY2027 2BR SAFMR $1,370 (1.249× ACS median gross rent).

Population

28,872 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.7%.

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

Assisted inventory

  • LIHTC: 4 projects, 214 units.
  • HUD project-based assisted MF: 2 properties, 150 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,054 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 37849 20.2% of occupied households are renters; vacancy is 5.8%; ACS median gross rent is $1,097; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 388 units in 2–4-unit structures and 344 units in 5–49-unit structures; 4 LIHTC projects totaling 214 units; FY2027 2BR SAFMR is $1,370 versus ACS median gross rent of $1,097. 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 37849 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 37849?

ZIP 37849 (Knoxville, TN HUD Metro FMR Area) has 28,872 residents, 10,800 households, a renter share of 20.2%, median household income of $83,400, and ACS 2023 median gross rent of $1,097. Vacancy is 5.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37849?

ACS counts 185 units in 2-unit buildings, 203 in 3–4 unit buildings, 152 in 5–9, 70 in 10–19, and 122 in 20–49. Combined 2–49 unit stock is 732 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37849?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,370. See the full schedule and 90–110% payment-standard band on the ZIP 37849 — Powell, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37849 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.