ZIP Code · TN

ZIP 37167

Part of Smyrna, TN

Pop. 66,504·Rutherford County·49th most expensive ZIP in Tennessee

Median rent (all units)

$1,721/mo

Year-over-Year

+2.1%

Month-over-Month

+0.3%

vs US Median

-$211

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 37167 · $1,721

More affordable than 56% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,430

1 BR

$1,500

2 BR

$1,640

3 BR

$2,100

4 BR+

$2,560

Research median

$1,640/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in ZIP 37167 usually run 1.7% below trend in December and 1.4% above it in August, about $53 a month apart at today's median. Based on 8 years of data.

Compared with the peak

Rent in ZIP 37167 is at its highest level since Zillow's records here began in June 2018.

Past year vs. the rest of Tennessee

Rent in ZIP 37167 changed +2.1% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 37167 rose 39.8% while median household income rose 29.8% ($64,996 to $84,351). Rent outpaced income.

Since before the pandemic

Rent in ZIP 37167 is 35.4% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 9 of the last 12 months.

What a typical income covers

30% of the median household income ($84,351) is $2,109 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,100); a 4-bedroom is $2,560.

From Zillow's monthly rent index (ZORI) for ZIP 37167. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$20,652/yr

At $1,721/mo median

Location

CitySmyrna

StateTN

CountyRutherford County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+2.1% YoY, +0.3% MoM), not inventory.

Demographics

Who lives here

ZIP 37167 (Smyrna, TN) is majority owner-occupied, has a large share of families with children, 28.4% of residents hold a bachelor's degree or higher.

Population

66,504

Median income

$84,351

Median age

34.9

Renters

38%

Age distribution

25.5%

24.6%

27.5%

Under 1825.5%

18–3424.6%

35–5427.5%

55–6411.1%

65+11.2%

Gender

48.5%

51.5%

Male48.5%

Female51.5%

Race & ethnicity

59.7%

16.8%

16.1%

White59.7%

Black16.8%

Hispanic16.1%

Asian4.8%

Other2.5%

Education (25+)

30.5%

28.4%

No HS diploma10.5%

HS diploma30.5%

Some college30.5%

Bachelor's+28.4%

Housing tenure

62%

38%

Owner62%

Renter38%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 37167 in Smyrna, TN has changed in 5 years

Rent

$1,344 → $1,721

up 28.1%

Income

$72,111 → $84,351

up 17.0%

Population

60,408 → 66,504

up 10.1%

Renter share

39.9% → 38%

-1.9 pts

Bachelor's+

25.5% → 28.4%

+2.9 pts

Since 2021, the typical rent in ZIP 37167 in Smyrna, TN has increased from $1,344 to $1,721, a 28.1% change over five years. Census figures show median household income at $84,351 today, compared with $72,111 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 10.1% since 2021, moving from about 60,408 residents to roughly 66,504. Renters now make up 38% of households, compared with 39.9% five years ago. College-educated residents now make up 28.4% of adults here, versus 25.5% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 37167

Last updated: October 17, 2026

ZIP code 37167 covers Smyrna, TN. The median rent here is $1,721/mo as of October 2026. A 1-bedroom rents for a median of $1,500/mo. A 2-bedroom rents for a median of $1,640/mo.

At 24% of local median household income ($84,351/yr), ZIP 37167 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37167?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (about $33/hour full-time) to afford the median rent of $1,721/mo in ZIP 37167. The local median household income is $84,351/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37167?

Rent in ZIP 37167 has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in June 2018.

When is the cheapest time to rent in ZIP 37167?

Asking rents in ZIP 37167 are usually lowest in December, about 1.7% below their yearly trend, and highest in August, about 1.4% above it. At today's median that is a gap of roughly $53 a month. This pattern comes from 8 years of Zillow rent data.

Has rent outpaced income in ZIP 37167?

Yes. From 2019 to 2024, rent in ZIP 37167 rose 39.8% while median household income rose 29.8%, from $64,996 to $84,351. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 37167 compare to other ZIPs in Tennessee?

ZIP 37167 is one of the pricier among Tennessee ZIP codes for rent, ranking #49 of 147 at $1,721/mo. Over the year to September 2026, rent in ZIP 37167 changed +2.1%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.