Housing market/Tennessee/ZIP 37916

ACS 2023 · FY2027 SAFMR

ZIP 37916 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.

Population
14,771
Households
3,047
Median HH income
$17,982
Renter share
97.0%
Median gross rent
$1,176
Vacancy
16.4%
Pop. change
+15.8%
2BR SAFMR
$1,510
SAFMR / rent
1.284×
2–49 unit stock
2,224
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37916 · TN — sent to you.

ZIP 37916 · TN

ACS median rent$1,176
2BR SAFMR$1,510
90% floor$1,359
110% ceiling$1,661

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37916

  • 1-unit detached37810.4%
  • 1-unit attached381.0%
  • 2–4 units2597.1%
  • 5–49 units1,96553.9%
  • 50+ units98427.0%
  • Mobile200.5%
TypeUnitsShare
1-unit detached37810.4%
1-unit attached381.0%
2 units (duplex)1133.1%
3–4 units1464.0%
5–9 units2938.0%
10–19 units67918.6%
20–49 units99327.3%
50+ units98427.0%
Mobile200.5%

2–4 unit share 7.1% · 5–49 unit share 53.9% · combined 2–49 61.0%.

Units by bedrooms

Studio
300
1BR
866
2BR
837
3BR
1,015
4BR
547
5+
79

Rent burden

Rent ≥30% of income70.1%
Rent ≥50% of income58.0%
  • ACS median gross rent $1,176 (all bedrooms, occupied rentals).
  • Median contract rent $1,065.
  • Renters paying ≥30% of income 70.1%; ≥50% 58.0%.
  • FY2027 2BR SAFMR $1,510 (1.284× ACS median gross rent).

Population

14,771 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +15.8%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 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 37916 97.0% of occupied households are renters; vacancy is 16.4%; ACS median gross rent is $1,176; population increased +15.8% between the 2018 and 2023 ACS vintages; the housing stock includes 259 units in 2–4-unit structures and 1,965 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,510 versus ACS median gross rent of $1,176. 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 37916 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 37916?

ZIP 37916 (Knoxville, TN HUD Metro FMR Area) has 14,771 residents, 3,047 households, a renter share of 97.0%, median household income of $17,982, and ACS 2023 median gross rent of $1,176. Vacancy is 16.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37916?

ACS counts 113 units in 2-unit buildings, 146 in 3–4 unit buildings, 293 in 5–9, 679 in 10–19, and 993 in 20–49. Combined 2–49 unit stock is 2,224 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37916?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,510. See the full schedule and 90–110% payment-standard band on the ZIP 37916 — Knoxville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37916 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.