ZIP Code · TN

ZIP 37415

Part of Red Bank, TN

Pop. 24,181·Hamilton County·117th most expensive ZIP in Tennessee

Median rent (all units)

$1,324/mo

Year-over-Year

+1.2%

Month-over-Month

+0.5%

vs US Median

-$608

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 37415 · $1,324

More affordable than 85% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,086

1 BR

$1,133

2 BR

$1,243

3 BR

$1,550

4 BR+

$1,660

Research median

$1,243/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

Compared with the peak

Rent in ZIP 37415 is 2.4% below its high of $1,357 in October 2024, at $1,324 as of September 2026.

Past year vs. the rest of Tennessee

Rent in ZIP 37415 changed +1.2% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent has risen 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 ($70,972) is $1,774 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,580); a 3-bedroom is $1,970.

From Zillow's monthly rent index (ZORI) for ZIP 37415. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$15,888/yr

At $1,324/mo median

Location

CityRed Bank

StateTN

CountyHamilton County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (1.2% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+1.2% YoY, +0.5% MoM), not inventory.

Demographics

Who lives here

ZIP 37415 (Red Bank, TN) is majority owner-occupied, 44.9% of residents hold a bachelor's degree or higher.

Population

24,181

Median income

$70,972

Median age

37.1

Renters

42.5%

Age distribution

18%

29.1%

25.7%

16.3%

Under 1818%

18–3429.1%

35–5425.7%

55–6410.8%

65+16.3%

Gender

45.5%

54.5%

Male45.5%

Female54.5%

Race & ethnicity

83.8%

White83.8%

Black8.6%

Hispanic5.1%

Asian1%

Other1.5%

Education (25+)

18.8%

31.8%

44.9%

No HS diploma4.5%

HS diploma18.8%

Some college31.8%

Bachelor's+44.9%

Housing tenure

57.5%

42.5%

Owner57.5%

Renter42.5%

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

2022 vs 2026

How ZIP 37415 in Red Bank, TN has changed in 5 years

Rent

$1,266 → $1,324

up 4.6%

Income

$59,124 → $70,972

up 20.0%

Population

22,706 → 24,181

up 6.5%

Renter share

38.9% → 42.5%

+3.6 pts

Bachelor's+

40.1% → 44.9%

+4.8 pts

Median age

38.1 → 37.1

-1.0 yrs

Across the past five years, the going rent in ZIP 37415 in Red Bank, TN has shifted from $1,266 to $1,324, up 4.6% since 2022. Local incomes tracked alongside that move, going from a median of $59,124 in 2021 to $70,972 more recently. 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 37415 in Red Bank, TN adding about 1,475 residents over the five-year window, up 6.5% on net. The renter share has risen from 38.9% to 42.5%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 40.1% to 44.9% across the same window. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 37415 in Red Bank, TN market of 2022.

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About renting in ZIP 37415

Last updated: October 17, 2026

ZIP code 37415 covers Red Bank, TN. The median rent here is $1,324/mo as of October 2026. A 1-bedroom rents for a median of $1,133/mo. A 2-bedroom rents for a median of $1,243/mo.

At 22% of local median household income ($70,972/yr), ZIP 37415 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.2% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37415?

To keep rent at or below 30% of gross income, you would need to earn at least $53,000/year (about $25/hour full-time) to afford the median rent of $1,324/mo in ZIP 37415. The local median household income is $70,972/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 37415?

Rent in ZIP 37415 has risen 1.2% over the past year as of September 2026. It sits 2.4% below its high of $1,357 in October 2024.

How does ZIP 37415 compare to other ZIPs in Tennessee?

ZIP 37415 is one of the more affordable among Tennessee ZIP codes for rent, ranking #117 of 147 at $1,324/mo. Over the year to September 2026, rent in ZIP 37415 changed +1.2%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.