Housing market/Tennessee/ZIP 37920

ACS 2023 · FY2027 SAFMR

ZIP 37920 Knoxville, 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
43,509
Households
18,018
Median HH income
$61,348
Renter share
39.9%
Median gross rent
$1,092
Vacancy
10.7%
Pop. change
+6.3%
2BR SAFMR
$1,390
SAFMR / rent
1.273×
2–49 unit stock
4,258
LIHTC proj / units
10 / 782
HUD assisted MF
7 / 603

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37920 · TN — sent to you.

ZIP 37920 · TN

ACS median rent$1,092
2BR SAFMR$1,390
90% floor$1,251
110% ceiling$1,529

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37920

  • 1-unit detached13,52667.1%
  • 1-unit attached7273.6%
  • 2–4 units6443.2%
  • 5–49 units3,61417.9%
  • 50+ units7203.6%
  • Mobile9404.7%
TypeUnitsShare
1-unit detached13,52667.0%
1-unit attached7273.6%
2 units (duplex)2171.1%
3–4 units4272.1%
5–9 units7193.6%
10–19 units1,9879.8%
20–49 units9084.5%
50+ units7203.6%
Mobile9404.7%

2–4 unit share 3.2% · 5–49 unit share 17.9% · combined 2–49 21.1%.

Units by bedrooms

Studio
235
1BR
2,104
2BR
5,925
3BR
8,762
4BR
2,475
5+
679

Rent burden

Rent ≥30% of income50.7%
Rent ≥50% of income25.4%
  • ACS median gross rent $1,092 (all bedrooms, occupied rentals).
  • Median contract rent $853.
  • Renters paying ≥30% of income 50.7%; ≥50% 25.4%.
  • FY2027 2BR SAFMR $1,390 (1.273× ACS median gross rent).

Population

43,509 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: 10 projects, 782 units.
  • HUD project-based assisted MF: 7 properties, 603 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,419 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 37920 39.9% of occupied households are renters; vacancy is 10.7%; ACS median gross rent is $1,092; population increased +6.3% between the 2018 and 2023 ACS vintages; the housing stock includes 644 units in 2–4-unit structures and 3,614 units in 5–49-unit structures; 10 LIHTC projects totaling 782 units; FY2027 2BR SAFMR is $1,390 versus ACS median gross rent of $1,092. 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 37920 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 37920?

ZIP 37920 (Sevier County, TN) has 43,509 residents, 18,018 households, a renter share of 39.9%, median household income of $61,348, and ACS 2023 median gross rent of $1,092. Vacancy is 10.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37920?

ACS counts 217 units in 2-unit buildings, 427 in 3–4 unit buildings, 719 in 5–9, 1,987 in 10–19, and 908 in 20–49. Combined 2–49 unit stock is 4,258 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37920?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,390. See the full schedule and 90–110% payment-standard band on the ZIP 37920 — Knoxville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37920 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.