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ZIP Code · TN

ZIP 37404

Pop. 14,737·Hamilton County·62nd most expensive ZIP in Tennessee
Median rent (all units)
$1,677/mo
Year-over-Year
+8.8%
Month-over-Month
+5.5%
vs US Median
-$288
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37404 · $1,677
More affordable than 60% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,130
1 BR
$1,180
2 BR
$1,300
3 BR
$1,620
4 BR+
$1,730
Research median
$1,300/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: July 20, 2026

Annual cost
$20,124/yr
At $1,677/mo median
Location
StateTN
CountyHamilton County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.8% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.8% YoY, +5.5% MoM), not inventory.
Demographics

Who lives here

ZIP 37404 (Chattanooga, TN) is roughly split between renters and owners, has a median income below the national average, 33% of residents hold a bachelor's degree or higher.

Population
14,737
Median income
$56,637
Median age
34.5
Renters
50%
Age distribution
24.6%
25.9%
25.5%
13.5%
Under 1824.6%
18–3425.9%
35–5425.5%
55–6410.5%
65+13.5%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
45%
35.3%
22.3%
White45%
Black35.3%
Hispanic22.3%
Education (25+)
14.4%
27.4%
25.2%
33%
No HS diploma14.4%
HS diploma27.4%
Some college25.2%
Bachelor's+33%
Housing tenure
50%
50%
Owner50%
Renter50%

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

2021 vs 2026

How ZIP 37404 in Chattanooga, TN has changed in 5 years

Income
$40,763 → $56,637
up 38.9%
Population
13,152 → 14,737
up 12.1%
Renter share
50.7% → 50%
-0.7 pts
Bachelor's+
28.4% → 33%
+4.6 pts
Median age
35.2 → 34.5
-0.7 yrs

Local incomes tracked alongside that move, going from a median of $40,763 in 2021 to $56,637 more recently. Headcount in the area went from 13,152 to 14,737 between 2021 and 2024, a 12.1% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 28.4% to 33%.

Community

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Local insights

Tips for renters in ZIP 37404

About renting in ZIP 37404

Last updated: July 20, 2026

ZIP code 37404 covers Chattanooga, TN. The median rent here is $1,677/mo as of July 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,300/mo.

At 36% of local median household income ($56,637/yr), ZIP 37404 ranks as moderate compared to the national benchmark of 30%. Rents have increased 8.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37404?

As of July 20, 2026, the median monthly rent in ZIP 37404 (Chattanooga, TN) is $1,677. This is based on aggregated data from public sources and community submissions.

How does ZIP 37404 rent compare to the US average?

ZIP 37404's median rent of $1,677/mo is $288 (15%) below the US national median of $1,965/mo.

How does ZIP 37404 compare to other ZIPs in Tennessee?

ZIP 37404 falls in the middle range for Tennessee, ranking #62 out of 145 ZIPs at $1,677/mo.

How much income do you need to rent in ZIP 37404?

To keep rent at or below 30% of gross income, you would need to earn at least $67,000/year (~$32/hour full-time) to afford the median rent of $1,677/mo in ZIP 37404. The local median household income is $56,637/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 37404?

Rent in ZIP 37404 has increased 8.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37404 an affordable place to rent?

ZIP 37404 is considered moderate for renters. At $1,677/mo, rent takes approximately 36% of the local median household income ($56,637/yr). The standard benchmark is 30%. ZIP 37404 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 37404 residents rent vs. own?

According to Census data, approximately 50% of ZIP 37404 households are renters, while 50% are owner-occupied. ZIP 37404 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37404 compare to the rest of Chattanooga?

ZIP 37404 is pricier than Chattanooga as a whole. At $1,677/mo, it's $172 above the Chattanooga citywide median of $1,505/mo.

When was rent data for ZIP 37404 last updated?

Rent data for ZIP 37404 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
36%
MODERATE

At $1,677/mo, rent takes ~36% of ZIP 37404's median household income ($56,637/yr). The standard benchmark is 30%.

ZIP 37404 36%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37404 (Chattanooga, TN)

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