Housing market/Tennessee/ZIP 37902
ZIP 37902 Knoxville, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 37902 · TN — sent to you.
ZIP 37902 · TN
ACS rent vs 2BR SAFMR
ZIP 37902 — Knoxville, 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 37902
- 1-unit detached170.9%
- 1-unit attached261.4%
- 2–4 units623.2%
- 5–49 units1,01753.3%
- 50+ units78641.2%
2–4 unit share 3.2% · 5–49 unit share 53.3% · combined 2–49 56.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,322 (all bedrooms, occupied rentals).
- Median contract rent $1,185.
- Renters paying ≥30% of income 44.9%; ≥50% 29.5%.
- FY2027 2BR SAFMR $1,900 (1.437× ACS median gross rent).
Population
2,308 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -1.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 278 units.
- HUD project-based assisted MF: 1 properties, 277 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 2,437 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 37902 80.5% of occupied households are renters; vacancy is 21.9%; ACS median gross rent is $1,322; population changed -1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 62 units in 2–4-unit structures and 1,017 units in 5–49-unit structures; 1 LIHTC projects totaling 278 units; FY2027 2BR SAFMR is $1,900 versus ACS median gross rent of $1,322. 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 37902 is a Census / HUD profile for Knoxville, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 37902 — Knoxville, 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 37902?
ZIP 37902 (Knoxville, TN HUD Metro FMR Area) has 2,308 residents, 1,491 households, a renter share of 80.5%, median household income of $56,397, and ACS 2023 median gross rent of $1,322. Vacancy is 21.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 37902?
ACS counts 0 units in 2-unit buildings, 62 in 3–4 unit buildings, 174 in 5–9, 374 in 10–19, and 469 in 20–49. Combined 2–49 unit stock is 1,079 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 37902?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,900. See the full schedule and 90–110% payment-standard band on the ZIP 37902 — Knoxville, TN HUD Section 8 Payment Standards / SAFMR.
Does this Tennessee ZIP profile include Georgia listings?
No. ZIP 37902 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.