Housing market/Tennessee/ZIP 37863

ACS 2023 · FY2027 SAFMR

ZIP 37863 Pigeon Forge, Sevier County, Tennessee

Sevier 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
6,469
Households
2,457
Median HH income
$53,587
Renter share
49.4%
Median gross rent
$933
Vacancy
55.9%
Pop. change
-6.3%
2BR SAFMR
$1,150
SAFMR / rent
1.233×
2–49 unit stock
1,812
LIHTC proj / units
1 / 50
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37863 · TN — sent to you.

ZIP 37863 · TN

ACS median rent$933
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37863

  • 1-unit detached2,97453.6%
  • 1-unit attached200.4%
  • 2–4 units55710.0%
  • 5–49 units1,25522.6%
  • 50+ units2244.0%
  • Mobile5159.3%
TypeUnitsShare
1-unit detached2,97453.4%
1-unit attached200.4%
2 units (duplex)4498.1%
3–4 units1081.9%
5–9 units3506.3%
10–19 units711.3%
20–49 units83415.0%
50+ units2244.0%
Mobile5159.2%

2–4 unit share 10.0% · 5–49 unit share 22.5% · combined 2–49 32.5%.

Units by bedrooms

Studio
59
1BR
892
2BR
1,908
3BR
2,044
4BR
506
5+
161

Rent burden

Rent ≥30% of income40.5%
Rent ≥50% of income18.0%
  • ACS median gross rent $933 (all bedrooms, occupied rentals).
  • Median contract rent $730.
  • Renters paying ≥30% of income 40.5%; ≥50% 18.0%.
  • FY2027 2BR SAFMR $1,150 (1.233× ACS median gross rent).

Population

6,469 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 50 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 77 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 37863 49.4% of occupied households are renters; vacancy is 55.9%; ACS median gross rent is $933; population changed -6.3% between the 2018 and 2023 ACS vintages; the housing stock includes 557 units in 2–4-unit structures and 1,255 units in 5–49-unit structures; 1 LIHTC projects totaling 50 units; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $933. 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 37863 is a Census / HUD profile for Sevier 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 37863?

ZIP 37863 (Sevier County, TN) has 6,469 residents, 2,457 households, a renter share of 49.4%, median household income of $53,587, and ACS 2023 median gross rent of $933. Vacancy is 55.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37863?

ACS counts 449 units in 2-unit buildings, 108 in 3–4 unit buildings, 350 in 5–9, 71 in 10–19, and 834 in 20–49. Combined 2–49 unit stock is 1,812 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37863?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 37863 — Pigeon Forge, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37863 is Census / HUD research for Sevier 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.