Housing market/Tennessee/ZIP 38004
ZIP 38004 Atoka, Tennessee
Memphis, TN-MS-AR 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 38004 · TN — sent to you.
ZIP 38004 · TN
ACS rent vs 2BR SAFMR
ZIP 38004 — Atoka, 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 38004
- 1-unit detached4,15594.5%
- 1-unit attached320.7%
- 5–49 units972.2%
- Mobile1112.5%
2–4 unit share 0.0% · 5–49 unit share 2.2% · combined 2–49 2.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,282 (all bedrooms, occupied rentals).
- Median contract rent $900.
- Renters paying ≥30% of income 32.2%; ≥50% 10.5%.
- FY2027 2BR SAFMR $1,420 (1.108× ACS median gross rent).
Population
11,696 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +10.2%.
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 6 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 38004 13.9% of occupied households are renters; vacancy is 2.3%; ACS median gross rent is $1,282; population increased +10.2% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 97 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,420 versus ACS median gross rent of $1,282. 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 38004 is a Census / HUD profile for Memphis, TN-MS-AR, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38004 — Atoka, 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 38004?
ZIP 38004 (Memphis, TN-MS-AR HUD Metro FMR Area) has 11,696 residents, 4,299 households, a renter share of 13.9%, median household income of $90,451, and ACS 2023 median gross rent of $1,282. Vacancy is 2.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38004?
ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 14 in 5–9, 0 in 10–19, and 83 in 20–49. Combined 2–49 unit stock is 97 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38004?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,420. See the full schedule and 90–110% payment-standard band on the ZIP 38004 — Atoka, TN HUD Section 8 Payment Standards / SAFMR.
Does this Tennessee ZIP profile include Georgia listings?
No. ZIP 38004 is Census / HUD research for Memphis, TN-MS-AR 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.