ZIP 37405
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12-month history
Last updated: October 17, 2026
What the numbers show
November. Asking rents in ZIP 37405 usually run 1.4% below trend in November and 1.3% above it in May, about $42 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 37405 is 0.4% below its high of $1,560 in March 2026, at $1,553 as of September 2026.
Rent in ZIP 37405 changed +2.8% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.
From 2019 to 2024, rent in ZIP 37405 rose 43.4% while median household income rose 38.2% ($58,850 to $81,337). Rent outpaced income.
Rent in ZIP 37405 is 44.1% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent rose in 8 of the last 12 months.
30% of the median household income ($81,337) is $2,033 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,720); a 3-bedroom is $2,150.
ZIP 37415, 7 miles away, rents for 15% less ($1,324/mo), about $2,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 37405. 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.
Who lives here
ZIP 37405 (Red Bank, TN) is roughly split between renters and owners, 53.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37405 in Red Bank, TN has changed in 5 years
Five years ago, renters in ZIP 37405 in Red Bank, TN paid around $1,212 a month. That figure now sits near $1,553, up 28.1% from the 2021 baseline. Median household income climbed from $65,394 to $81,337 between 2021 and 2024, a 24.4% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 37405 in Red Bank, TN losing about 679 residents over the five-year window, down 3.6% on net. Bachelor's-degree-or-higher attainment moved from 49.1% to 53.3% across the same window. Taken together, the five-year picture in ZIP 37405 in Red Bank, TN reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
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Tips for renters in ZIP 37405
Last updated: October 17, 2026
ZIP code 37405 covers Red Bank, TN. The median rent here is $1,553/mo as of October 2026. A 1-bedroom rents for a median of $1,560/mo. A 2-bedroom rents for a median of $1,720/mo.
At 23% of local median household income ($81,337/yr), ZIP 37405 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.
Frequently asked questions
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How does ZIP 37405 compare to other ZIPs in Tennessee?
How does ZIP 37405 compare to the rest of Red Bank?
At $1,553/mo, rent takes ~23% of ZIP 37405's median household income ($81,337/yr). The standard benchmark is 30%.
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