ZIP 37421
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 37421 usually run 1% below trend in March and 1.4% above it in June, about $36 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 37421 is 0.5% below its high of $1,521 in July 2024, at $1,514 as of September 2026.
Rent in ZIP 37421 changed +1.5% 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 37421 rose 43.7% while median household income rose 30.5% ($63,225 to $82,517). Rent outpaced income.
Rent in ZIP 37421 is 41.8% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 6 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($82,517) is $2,063 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,830); a 3-bedroom is $2,280.
6th cheapest of 10 ZIP codes in Chattanooga.
ZIP 37416, 5 miles away, rents for 12% less ($1,335/mo), about $2,100 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 37421. 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 37421 (Chattanooga, TN) is majority owner-occupied, 38.8% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37421 in Chattanooga, TN has changed in 5 years
Compared with 2021, rent in ZIP 37421 in Chattanooga, TN has climbed by $322 per month, settling near $1,514 after starting the period at $1,192. 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 7.4 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.
Discussions about ZIP 37421
No discussions yet. Start the conversation.
Tips for renters in ZIP 37421
Last updated: October 17, 2026
ZIP code 37421 covers Chattanooga, TN. The median rent here is $1,514/mo as of October 2026. A 1-bedroom rents for a median of $1,292/mo. A 2-bedroom rents for a median of $1,424/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 1.5% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 37421?
Is rent going up or down in ZIP 37421?
When is the cheapest time to rent in ZIP 37421?
Has rent outpaced income in ZIP 37421?
How does ZIP 37421 compare to other ZIPs in Tennessee?
How does ZIP 37421 compare to the rest of Chattanooga?
At $1,514/mo, rent takes ~22% of ZIP 37421's median household income ($82,517/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.