Housing market/Tennessee/ZIP 37723

ACS 2023 · FY2027 SAFMR

ZIP 37723 Crab Orchard, Cumberland County, Tennessee

Cumberland 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
1,307
Households
608
Median HH income
$59,028
Renter share
17.1%
Median gross rent
$645
Vacancy
15.2%
Pop. change
+49.4%
2BR SAFMR
$1,130
SAFMR / rent
1.752×
2–49 unit stock
45
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37723 · TN — sent to you.

ZIP 37723 · TN

ACS median rent$645
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 37723

  • 1-unit detached50370.2%
  • 5–49 units456.3%
  • Mobile16923.6%
TypeUnitsShare
1-unit detached50370.2%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units263.6%
10–19 units192.6%
20–49 units00.0%
50+ units00.0%
Mobile16923.6%

2–4 unit share 0.0% · 5–49 unit share 6.3% · combined 2–49 6.3%.

Units by bedrooms

Studio
4
1BR
26
2BR
187
3BR
376
4BR
63
5+
61

Rent burden

Rent ≥30% of income35.6%
Rent ≥50% of income0.0%
  • ACS median gross rent $645 (all bedrooms, occupied rentals).
  • Renters paying ≥30% of income 35.6%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,130 (1.752× ACS median gross rent).

Population

1,307 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +49.4%.

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 37723 17.1% of occupied households are renters; vacancy is 15.2%; ACS median gross rent is $645; population increased +49.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 45 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,130 versus ACS median gross rent of $645. 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 37723 is a Census / HUD profile for Cumberland 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 37723?

ZIP 37723 (Cumberland County, TN) has 1,307 residents, 608 households, a renter share of 17.1%, median household income of $59,028, and ACS 2023 median gross rent of $645. Vacancy is 15.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37723?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 26 in 5–9, 19 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 45 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37723?

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 37723 — Crab Orchard, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37723 is Census / HUD research for Cumberland 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.