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ZIP Code · TN

ZIP 37421

Pop. 52,985·Hamilton County·99th most expensive ZIP in Tennessee
Median rent (all units)
$1,488/mo
Year-over-Year
+1.9%
Month-over-Month
-1.1%
vs US Median
-$477
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 37421 · $1,488
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,216
1 BR
$1,270
2 BR
$1,400
3 BR
$1,744
4 BR+
$1,866
Research median
$1,400/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
$17,856/yr
At $1,488/mo median
Location
StateTN
CountyHamilton 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 (+1.9% YoY, -1.1% MoM), not inventory.
Demographics

Who lives here

ZIP 37421 (Chattanooga, TN) is majority owner-occupied, 38.8% of residents hold a bachelor's degree or higher.

Population
52,985
Median income
$82,517
Median age
40.8
Renters
39.8%
Age distribution
19.5%
22.8%
26.1%
12.1%
19.4%
Under 1819.5%
18–3422.8%
35–5426.1%
55–6412.1%
65+19.4%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
62.1%
22.1%
White62.1%
Black22.1%
Hispanic9.5%
Asian5.1%
Other1.1%
Education (25+)
21.7%
31.1%
38.8%
No HS diploma8.3%
HS diploma21.7%
Some college31.1%
Bachelor's+38.8%
Housing tenure
60.2%
39.8%
Owner60.2%
Renter39.8%

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

2021 vs 2026

How ZIP 37421 in Chattanooga, TN has changed in 5 years

Rent
$1,188 → $1,488
up 25.3%
Income
$68,982 → $82,517
up 19.6%
Population
53,653 → 52,985
down 1.2%
Renter share
43% → 39.8%
-3.2 pts
Bachelor's+
36.9% → 38.8%
+1.9 pts
Median age
40.3 → 40.8
+0.5 yrs

Compared with 2021, rent in ZIP 37421 in Chattanooga, TN has climbed by $300 per month, settling near $1,488 after starting the period at $1,188. Household income in the area moved from $68,982 to $82,517 across the same window, up 19.6% versus 2021. Rent outpaced income growth by roughly 5.7 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 53,653 to 52,985 between 2021 and 2024, a 1.2% change. About 39.8% of households rent today, against 43% in 2021. Reading these numbers side by side helps frame whether current listings in ZIP 37421 in Chattanooga, TN look reasonable against where the market sat half a decade ago.

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Local insights

Tips for renters in ZIP 37421

About renting in ZIP 37421

Last updated: July 20, 2026

ZIP code 37421 covers Chattanooga, TN. The median rent here is $1,488/mo as of July 2026. A 1-bedroom rents for a median of $1,270/mo. A 2-bedroom rents for a median of $1,400/mo.

At 22% of local median household income ($82,517/yr), ZIP 37421 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37421?

As of July 20, 2026, the median monthly rent in ZIP 37421 (Chattanooga, TN) is $1,488. This is based on aggregated data from public sources and community submissions.

How does ZIP 37421 rent compare to the US average?

ZIP 37421's median rent of $1,488/mo is $477 (24%) below the US national median of $1,965/mo.

How does ZIP 37421 compare to other ZIPs in Tennessee?

ZIP 37421 is among the more affordable ZIP codes in Tennessee, ranking #99 out of 145 ZIPs at $1,488/mo.

How much income do you need to rent in ZIP 37421?

To keep rent at or below 30% of gross income, you would need to earn at least $60,000/year (~$29/hour full-time) to afford the median rent of $1,488/mo in ZIP 37421. The local median household income is $82,517/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37421?

Rent in ZIP 37421 has increased 1.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37421 an affordable place to rent?

ZIP 37421 is considered very affordable for renters. At $1,488/mo, rent takes approximately 22% of the local median household income ($82,517/yr). The standard benchmark is 30%. ZIP 37421 falls comfortably within that range.

What percentage of ZIP 37421 residents rent vs. own?

According to Census data, approximately 39.8% of ZIP 37421 households are renters, while 60.2% are owner-occupied. ZIP 37421 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37421 compare to the rest of Chattanooga?

ZIP 37421 is more affordable than Chattanooga overall. At $1,488/mo, it's $17 below the Chattanooga citywide median of $1,505/mo.

When was rent data for ZIP 37421 last updated?

Rent data for ZIP 37421 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $1,488/mo, rent takes ~22% of ZIP 37421's median household income ($82,517/yr). The standard benchmark is 30%.

ZIP 37421 22%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37421 (Chattanooga, TN)

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