Housing market/Tennessee/ZIP 37912

ACS 2023 · FY2027 SAFMR

ZIP 37912 Knoxville, Tennessee

Knoxville, TN HUD Metro FMR Area · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
22,009
Households
9,903
Median HH income
$44,754
Renter share
47.5%
Median gross rent
$1,050
Vacancy
9.3%
Pop. change
-3.5%
2BR SAFMR
$1,370
SAFMR / rent
1.305×
2–49 unit stock
3,975
LIHTC proj / units
9 / 828
HUD assisted MF
3 / 176

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37912 · TN — sent to you.

ZIP 37912 · TN

ACS median rent$1,050
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 37912

  • 1-unit detached5,38649.3%
  • 1-unit attached8688.0%
  • 2–4 units8748.0%
  • 5–49 units3,10128.4%
  • 50+ units3483.2%
  • Mobile3393.1%
TypeUnitsShare
1-unit detached5,38649.3%
1-unit attached8688.0%
2 units (duplex)3773.5%
3–4 units4974.6%
5–9 units1,57914.5%
10–19 units1,09110.0%
20–49 units4313.9%
50+ units3483.2%
Mobile3393.1%

2–4 unit share 8.0% · 5–49 unit share 28.4% · combined 2–49 36.4%.

Units by bedrooms

Studio
251
1BR
1,802
2BR
3,970
3BR
3,972
4BR
745
5+
176

Rent burden

Rent ≥30% of income50.2%
Rent ≥50% of income22.7%
  • ACS median gross rent $1,050 (all bedrooms, occupied rentals).
  • Median contract rent $858.
  • Renters paying ≥30% of income 50.2%; ≥50% 22.7%.
  • FY2027 2BR SAFMR $1,370 (1.305× ACS median gross rent).

Population

22,009 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

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

Assisted inventory

  • LIHTC: 9 projects, 828 units.
  • HUD project-based assisted MF: 3 properties, 176 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,437 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 37912 47.5% of occupied households are renters; vacancy is 9.3%; ACS median gross rent is $1,050; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 874 units in 2–4-unit structures and 3,101 units in 5–49-unit structures; 9 LIHTC projects totaling 828 units; FY2027 2BR SAFMR is $1,370 versus ACS median gross rent of $1,050. 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 37912 is a Census / HUD profile for Knoxville, 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 37912?

ZIP 37912 (Knoxville, TN HUD Metro FMR Area) has 22,009 residents, 9,903 households, a renter share of 47.5%, median household income of $44,754, and ACS 2023 median gross rent of $1,050. Vacancy is 9.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37912?

ACS counts 377 units in 2-unit buildings, 497 in 3–4 unit buildings, 1,579 in 5–9, 1,091 in 10–19, and 431 in 20–49. Combined 2–49 unit stock is 3,975 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37912?

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 37912 — Knoxville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37912 is Census / HUD research for Knoxville, TN HUD Metro FMR Area. 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.