ZIP Code · TN

ZIP 37312

Part of Cleveland, TN

Pop. 36,669·Bradley County·111th most expensive ZIP in Tennessee

Median rent (all units)

$1,395/mo

Year-over-Year

-0.5%

Month-over-Month

-0.8%

vs US Median

-$537

Reported rents

Falling (Monthly)

Be the first to discuss 37312 rents ↓

Most AffordableMost Expensive

ZIP 37312 · $1,395

More affordable than 80% of US ZIP codes · National median $1,932/mo

Rent check

Is your rent fair?

Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$980

1 BR

$1,080

2 BR

$1,420

3 BR

$1,820

4 BR+

$1,880

Research median

$1,420/mo

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

Rent trends

12-month history

Loading…

Last updated: October 17, 2026

From the history

What the numbers show

Compared with the peak

Rent in ZIP 37312 is 1.9% below its high of $1,422 in April 2025, at $1,395 as of September 2026.

Past year vs. the rest of Tennessee

Rent in ZIP 37312 changed -0.5% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has fallen 2 months in a row, and rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($78,261) is $1,957 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,880).

Rank in Cleveland

2nd cheapest of 3 ZIP codes in Cleveland.

From Zillow's monthly rent index (ZORI) for ZIP 37312. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$16,740/yr

At $1,395/mo median

Location

CityCleveland

StateTN

CountyBradley County

Rent Market Meter

Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are softening (down 0.5% YoY), so renters have negotiating leverage.

Based on rent-price momentum (-0.5% YoY, -0.8% MoM), not inventory.

Demographics

Who lives here

ZIP 37312 (Cleveland, TN) is majority owner-occupied, has a large retiree population, 35.6% of residents hold a bachelor's degree or higher.

Population

36,669

Median income

$78,261

Median age

41.5

Renters

33.1%

Age distribution

21%

19.9%

25.4%

13.2%

20.5%

Under 1821%

18–3419.9%

35–5425.4%

55–6413.2%

65+20.5%

Gender

48.7%

51.3%

Male48.7%

Female51.3%

Race & ethnicity

83.1%

White83.1%

Black4.1%

Hispanic7.1%

Asian2.9%

Other2.8%

Education (25+)

25.7%

30.8%

35.6%

No HS diploma8%

HS diploma25.7%

Some college30.8%

Bachelor's+35.6%

Housing tenure

66.9%

33.1%

Owner66.9%

Renter33.1%

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

2022 vs 2026

How ZIP 37312 in Cleveland, TN has changed in 5 years

Rent

$1,296 → $1,395

up 7.6%

Income

$62,545 → $78,261

up 25.1%

Population

36,102 → 36,669

up 1.6%

Renter share

30.9% → 33.1%

+2.2 pts

Bachelor's+

32.7% → 35.6%

+2.9 pts

Median age

40.6 → 41.5

+0.9 yrs

Five years ago, renters in ZIP 37312 in Cleveland, TN paid around $1,296 a month. That figure now sits near $1,395, up 7.6% from the 2022 baseline. Household income in the area moved from $62,545 to $78,261 across the same window, up 25.1% versus 2021. With wages climbing faster than rent over the same window, renters here have a bit more breathing room than they did five years back. Census counts show ZIP 37312 in Cleveland, TN adding about 567 residents over the five-year window, up 1.6% on net. The renter share has risen from 30.9% to 33.1%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 32.7% to 35.6% across the same window. Reading these numbers side by side helps frame whether current listings in ZIP 37312 in Cleveland, TN look reasonable against where the market sat half a decade ago.

Community

Discussions about ZIP 37312

No discussions yet. Start the conversation.

Local insights

Tips for renters in ZIP 37312

About renting in ZIP 37312

Last updated: October 17, 2026

ZIP code 37312 covers Cleveland, TN. The median rent here is $1,395/mo as of October 2026. A 1-bedroom rents for a median of $1,080/mo. A 2-bedroom rents for a median of $1,420/mo.

At 21% of local median household income ($78,261/yr), ZIP 37312 ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.5% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37312?

To keep rent at or below 30% of gross income, you would need to earn at least $56,000/year (about $27/hour full-time) to afford the median rent of $1,395/mo in ZIP 37312. The local median household income is $78,261/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37312?

Rent in ZIP 37312 has fallen 0.5% over the past year as of September 2026. It sits 1.9% below its high of $1,422 in April 2025.

How does ZIP 37312 compare to other ZIPs in Tennessee?

ZIP 37312 is one of the more affordable among Tennessee ZIP codes for rent, ranking #111 of 147 at $1,395/mo. Over the year to September 2026, rent in ZIP 37312 changed -0.5%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.