Housing market/Tennessee/ZIP 38541

ACS 2023 · FY2027 SAFMR

ZIP 38541 Allons, Overton County, Tennessee

Overton 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
1,584
Households
742
Median HH income
$37,321
Renter share
20.3%
Median gross rent
$1,020
Vacancy
6.7%
Pop. change
-4.5%
2BR SAFMR
$1,260
SAFMR / rent
1.235×
2–49 unit stock
22
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 38541 · TN — sent to you.

ZIP 38541 · TN

ACS median rent$1,020
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 38541

  • 1-unit detached65482.3%
  • 1-unit attached172.1%
  • 2–4 units222.8%
  • Mobile10212.8%
TypeUnitsShare
1-unit detached65482.3%
1-unit attached172.1%
2 units (duplex)222.8%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile10212.8%

2–4 unit share 2.8% · 5–49 unit share 0.0% · combined 2–49 2.8%.

Units by bedrooms

Studio
8
1BR
47
2BR
274
3BR
357
4BR
66
5+
43

Rent burden

Rent ≥30% of income49.7%
Rent ≥50% of income19.2%
  • ACS median gross rent $1,020 (all bedrooms, occupied rentals).
  • Median contract rent $914.
  • Renters paying ≥30% of income 49.7%; ≥50% 19.2%.
  • FY2027 2BR SAFMR $1,260 (1.235× ACS median gross rent).

Population

1,584 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.5%.

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 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 38541 20.3% of occupied households are renters; vacancy is 6.7%; ACS median gross rent is $1,020; population changed -4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 22 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $1,020. 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 38541 is a Census / HUD profile for Overton 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 38541?

ZIP 38541 (Overton County, TN) has 1,584 residents, 742 households, a renter share of 20.3%, median household income of $37,321, and ACS 2023 median gross rent of $1,020. Vacancy is 6.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 38541?

ACS counts 22 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 22 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 38541?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 38541 — Allons, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 38541 is Census / HUD research for Overton 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.