Housing market/Tennessee/ZIP 38237
ZIP 38237 Martin, Weakley County, Tennessee
Weakley County, TN · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 38237 · TN — sent to you.
ZIP 38237 · TN
ACS rent vs 2BR SAFMR
ZIP 38237 — Martin, 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 38237
- 1-unit detached4,21362.4%
- 1-unit attached951.4%
- 2–4 units1,34519.9%
- 5–49 units5598.3%
- 50+ units260.4%
- Mobile5167.6%
2–4 unit share 19.9% · 5–49 unit share 8.3% · combined 2–49 28.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $808 (all bedrooms, occupied rentals).
- Median contract rent $557.
- Renters paying ≥30% of income 40.5%; ≥50% 18.2%.
- FY2027 2BR SAFMR $1,050 (1.300× ACS median gross rent).
Population
15,273 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -4.6%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 176 units.
- HUD project-based assisted MF: 4 properties, 235 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 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 38237 45.0% of occupied households are renters; vacancy is 12.2%; ACS median gross rent is $808; population changed -4.6% between the 2018 and 2023 ACS vintages; the housing stock includes 1,345 units in 2–4-unit structures and 559 units in 5–49-unit structures; 3 LIHTC projects totaling 176 units; FY2027 2BR SAFMR is $1,050 versus ACS median gross rent of $808. 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 38237 is a Census / HUD profile for Weakley County, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 38237 — Martin, 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 38237?
ZIP 38237 (Weakley County, TN) has 15,273 residents, 5,927 households, a renter share of 45.0%, median household income of $49,301, and ACS 2023 median gross rent of $808. Vacancy is 12.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 38237?
ACS counts 562 units in 2-unit buildings, 783 in 3–4 unit buildings, 292 in 5–9, 211 in 10–19, and 56 in 20–49. Combined 2–49 unit stock is 1,904 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 38237?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,050. See the full schedule and 90–110% payment-standard band on the ZIP 38237 — Martin, TN HUD Section 8 Payment Standards / SAFMR.
Does this Tennessee ZIP profile include Georgia listings?
No. ZIP 38237 is Census / HUD research for Weakley 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.