Housing market/Tennessee/ZIP 37604

ACS 2023 · FY2027 SAFMR

ZIP 37604 Johnson City, Tennessee

Johnson City, TN MSA · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
38,359
Households
17,406
Median HH income
$49,351
Renter share
51.1%
Median gross rent
$950
Vacancy
10.0%
Pop. change
+7.3%
2BR SAFMR
$1,370
SAFMR / rent
1.442×
2–49 unit stock
6,081
LIHTC proj / units
4 / 256
HUD assisted MF
9 / 492

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37604 · TN — sent to you.

ZIP 37604 · TN

ACS median rent$950
2BR SAFMR$1,370
90% floor$1,233
110% ceiling$1,507

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37604

  • 1-unit detached10,57754.7%
  • 1-unit attached6863.5%
  • 2–4 units2,50813.0%
  • 5–49 units3,57318.5%
  • 50+ units9945.1%
  • Mobile9965.2%
TypeUnitsShare
1-unit detached10,57754.7%
1-unit attached6863.5%
2 units (duplex)8984.6%
3–4 units1,6108.3%
5–9 units1,5267.9%
10–19 units1,3386.9%
20–49 units7093.7%
50+ units9945.1%
Mobile9965.2%

2–4 unit share 13.0% · 5–49 unit share 18.5% · combined 2–49 31.5%.

Units by bedrooms

Studio
902
1BR
2,616
2BR
5,870
3BR
6,629
4BR
2,568
5+
749

Rent burden

Rent ≥30% of income51.9%
Rent ≥50% of income28.6%
  • ACS median gross rent $950 (all bedrooms, occupied rentals).
  • Median contract rent $750.
  • Renters paying ≥30% of income 51.9%; ≥50% 28.6%.
  • FY2027 2BR SAFMR $1,370 (1.442× ACS median gross rent).

Population

38,359 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.3%.

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

Assisted inventory

  • LIHTC: 4 projects, 256 units.
  • HUD project-based assisted MF: 9 properties, 492 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 21 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 37604 51.1% of occupied households are renters; vacancy is 10.0%; ACS median gross rent is $950; population increased +7.3% between the 2018 and 2023 ACS vintages; the housing stock includes 2,508 units in 2–4-unit structures and 3,573 units in 5–49-unit structures; 4 LIHTC projects totaling 256 units; FY2027 2BR SAFMR is $1,370 versus ACS median gross rent of $950. 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 37604 is a Census / HUD profile for Johnson City, 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 37604?

ZIP 37604 (Johnson City, TN MSA) has 38,359 residents, 17,406 households, a renter share of 51.1%, median household income of $49,351, and ACS 2023 median gross rent of $950. Vacancy is 10.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37604?

ACS counts 898 units in 2-unit buildings, 1,610 in 3–4 unit buildings, 1,526 in 5–9, 1,338 in 10–19, and 709 in 20–49. Combined 2–49 unit stock is 6,081 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37604?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,370. See the full schedule and 90–110% payment-standard band on the ZIP 37604 — Johnson City, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37604 is Census / HUD research for Johnson City, TN MSA. 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.