ZIP Code · TN

ZIP 37355

Pop. 29,805·Coffee County·99th most expensive ZIP in Tennessee
Median rent (all units)
$1,489/mo
Year-over-Year
Stable
Month-over-Month
+0.6%
vs US Median
-$443
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37355 · $1,489
More affordable than 74% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$780
1 BR
$790
2 BR
$970
3 BR
$1,300
4 BR+
$1,400
Research median
$970/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

What a typical income covers

30% of the median household income ($63,357) is $1,584 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,400).

From Zillow's monthly rent index (ZORI) for ZIP 37355. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$17,868/yr
At $1,489/mo median
Location
StateTN
CountyCoffee County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.0% YoY, +0.6% MoM), not inventory.
Demographics

Who lives here

ZIP 37355 (Manchester, TN) is majority owner-occupied, has a median income below the national average, 20% of residents hold a bachelor's degree or higher.

Population
29,805
Median income
$63,357
Median age
37.7
Renters
30.1%
Age distribution
24.7%
21.7%
22.7%
14.1%
16.9%
Under 1824.7%
18–3421.7%
35–5422.7%
55–6414.1%
65+16.9%
Gender
50%
50%
Male50%
Female50%
Race & ethnicity
86.9%
White86.9%
Black3.5%
Hispanic7.7%
Asian1.6%
Education (25+)
12.4%
40.2%
27.5%
20%
No HS diploma12.4%
HS diploma40.2%
Some college27.5%
Bachelor's+20%
Housing tenure
69.9%
30.1%
Owner69.9%
Renter30.1%

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

2021 vs 2026

How ZIP 37355 in Manchester, TN has changed in 5 years

Income
$55,783 → $63,357
up 13.6%
Population
28,492 → 29,805
up 4.6%
Renter share
32.7% → 30.1%
-2.6 pts
Bachelor's+
22.9% → 20%
-2.9 pts
Median age
37.2 → 37.7
+0.5 yrs

On the earnings side, the typical household in ZIP 37355 in Manchester, TN now reports about $63,357, up from $55,783 in 2021. The population has grown by 4.6% since 2021, moving from about 28,492 residents to roughly 29,805. Renters now make up 30.1% of households, compared with 32.7% five years ago. College-educated residents now make up 20% of adults here, versus 22.9% in 2021.

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About renting in ZIP 37355

Last updated: October 17, 2026

ZIP code 37355 covers Manchester, TN. The median rent here is $1,489/mo as of October 2026. A 1-bedroom rents for a median of $790/mo. A 2-bedroom rents for a median of $970/mo.

At 28% of local median household income ($63,357/yr), ZIP 37355 ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37355?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (about $29/hour full-time) to afford the median rent of $1,489/mo in ZIP 37355. The local median household income is $63,357/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37355?

Rent in ZIP 37355 has been roughly flat over the past year, a 0.0% change.

How does ZIP 37355 compare to other ZIPs in Tennessee?

ZIP 37355 is one of the more affordable among Tennessee ZIP codes for rent, ranking #99 of 147 at $1,489/mo.

How does ZIP 37355 compare to the rest of Manchester?

ZIP 37355 sits right at the Manchester citywide median of $1,489/mo.
Income Affordability
28%
AFFORDABLE

At $1,489/mo, rent takes ~28% of ZIP 37355's median household income ($63,357/yr). The standard benchmark is 30%.

ZIP 37355 28%Benchmark 30%
State income taxNone
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Public schools near ZIP 37355 (Manchester, TN)

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