Housing market/Tennessee/ZIP 37656

ACS 2023 · FY2027 SAFMR

ZIP 37656 Fall Branch, Greene County, Tennessee

Greene 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
3,566
Households
1,445
Median HH income
$65,731
Renter share
10.7%
Median gross rent
$830
Vacancy
12.3%
Pop. change
-8.6%
2BR SAFMR
$1,130
SAFMR / rent
1.361×
2–49 unit stock
56
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37656 · TN — sent to you.

ZIP 37656 · TN

ACS median rent$830
2BR SAFMR$1,130
90% floor$1,017
110% ceiling$1,243

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37656

  • 1-unit detached1,33881.2%
  • 2–4 units241.5%
  • 5–49 units321.9%
  • Mobile25315.4%
TypeUnitsShare
1-unit detached1,33881.2%
1-unit attached00.0%
2 units (duplex)241.5%
3–4 units00.0%
5–9 units321.9%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile25315.4%

2–4 unit share 1.5% · 5–49 unit share 1.9% · combined 2–49 3.4%.

Units by bedrooms

Studio
0
1BR
0
2BR
248
3BR
1,107
4BR
287
5+
5

Rent burden

Rent ≥30% of income37.0%
Rent ≥50% of income0.0%
  • ACS median gross rent $830 (all bedrooms, occupied rentals).
  • Median contract rent $675.
  • Renters paying ≥30% of income 37.0%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,130 (1.361× ACS median gross rent).

Population

3,566 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.6%.

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 34 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 37656 10.7% of occupied households are renters; vacancy is 12.3%; ACS median gross rent is $830; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 24 units in 2–4-unit structures and 32 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,130 versus ACS median gross rent of $830. 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 37656 is a Census / HUD profile for Greene 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 37656?

ZIP 37656 (Greene County, TN) has 3,566 residents, 1,445 households, a renter share of 10.7%, median household income of $65,731, and ACS 2023 median gross rent of $830. Vacancy is 12.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37656?

ACS counts 24 units in 2-unit buildings, 0 in 3–4 unit buildings, 32 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 56 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37656?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,130. See the full schedule and 90–110% payment-standard band on the ZIP 37656 — Fall Branch, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37656 is Census / HUD research for Greene 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.