Housing market/Tennessee/ZIP 38017

ACS 2023 · FY2027 SAFMR

ZIP 38017 Collierville, Tennessee

Memphis, TN-MS-AR 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
56,427
Households
19,969
Median HH income
$135,946
Renter share
20.2%
Median gross rent
$1,489
Vacancy
4.2%
Pop. change
+3.8%
2BR SAFMR
$1,660
SAFMR / rent
1.115×
2–49 unit stock
2,825
LIHTC proj / units
1 / 35
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 38017 · TN — sent to you.

ZIP 38017 · TN

ACS median rent$1,489
2BR SAFMR$1,660
90% floor$1,494
110% ceiling$1,826

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

Housing stock

ACS 2023 units-in-structure · ZCTA 38017

  • 1-unit detached16,92381.2%
  • 1-unit attached6913.3%
  • 2–4 units4992.4%
  • 5–49 units2,32611.2%
  • 50+ units3051.5%
  • Mobile970.5%
TypeUnitsShare
1-unit detached16,92381.2%
1-unit attached6913.3%
2 units (duplex)390.2%
3–4 units4602.2%
5–9 units9284.5%
10–19 units1,0915.2%
20–49 units3071.5%
50+ units3051.5%
Mobile970.5%

2–4 unit share 2.4% · 5–49 unit share 11.2% · combined 2–49 13.5%.

Units by bedrooms

Studio
95
1BR
1,496
2BR
2,071
3BR
5,587
4BR
7,430
5+
4,171

Rent burden

Rent ≥30% of income29.2%
Rent ≥50% of income8.6%
  • ACS median gross rent $1,489 (all bedrooms, occupied rentals).
  • Median contract rent $1,388.
  • Renters paying ≥30% of income 29.2%; ≥50% 8.6%.
  • FY2027 2BR SAFMR $1,660 (1.115× ACS median gross rent).

Population

56,427 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 35 units.
  • 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 155 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 38017 20.2% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,489; population increased +3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 499 units in 2–4-unit structures and 2,326 units in 5–49-unit structures; 1 LIHTC projects totaling 35 units; FY2027 2BR SAFMR is $1,660 versus ACS median gross rent of $1,489. 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 38017 is a Census / HUD profile for Memphis, TN-MS-AR, 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 38017?

ZIP 38017 (Memphis, TN-MS-AR HUD Metro FMR Area) has 56,427 residents, 19,969 households, a renter share of 20.2%, median household income of $135,946, and ACS 2023 median gross rent of $1,489. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 38017?

ACS counts 39 units in 2-unit buildings, 460 in 3–4 unit buildings, 928 in 5–9, 1,091 in 10–19, and 307 in 20–49. Combined 2–49 unit stock is 2,825 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 38017?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,660. See the full schedule and 90–110% payment-standard band on the ZIP 38017 — Collierville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 38017 is Census / HUD research for Memphis, TN-MS-AR 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.