ZIP Code · TN

ZIP 37849

Part of Powell, TN

Pop. 29,375·Knox County·11th most expensive ZIP in Tennessee

Median rent (all units)

$2,167/mo

Year-over-Year

Stable

Month-over-Month

+0.6%

vs US Median

+$235

Reported rents

Rising (Monthly)

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ZIP 37849 · $2,167

More expensive than 69% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,060

1 BR

$1,070

2 BR

$1,330

3 BR

$1,680

4 BR+

$1,960

Research median

$1,330/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

What a typical income covers

30% of the median household income ($84,275) is $2,107 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,960).

Cheaper nearby

ZIP 37912, 5 miles away, rents for 42% less ($1,257/mo), about $10,900 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37849. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$26,004/yr

At $2,167/mo median

Location

CityPowell

StateTN

CountyKnox 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 (+0.0% YoY, +0.6% MoM), not inventory.

Demographics

Who lives here

ZIP 37849 (Powell, TN) is majority owner-occupied, 32.4% of residents hold a bachelor's degree or higher.

Population

29,375

Median income

$84,275

Median age

38.8

Renters

17.6%

Age distribution

22.3%

22.9%

23.5%

13.1%

18.2%

Under 1822.3%

18–3422.9%

35–5423.5%

55–6413.1%

65+18.2%

Gender

47.5%

52.5%

Male47.5%

Female52.5%

Race & ethnicity

86.3%

White86.3%

Black2.1%

Hispanic8.3%

Other3.2%

Education (25+)

31.3%

28%

32.4%

No HS diploma8.3%

HS diploma31.3%

Some college28%

Bachelor's+32.4%

Housing tenure

82.4%

17.6%

Owner82.4%

Renter17.6%

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

2021 vs 2026

How ZIP 37849 in Powell, TN has changed in 5 years

Income

$73,827 → $84,275

up 14.2%

Population

28,971 → 29,375

up 1.4%

Renter share

20.4% → 17.6%

-2.8 pts

Bachelor's+

29% → 32.4%

+3.4 pts

Median age

38.3 → 38.8

+0.5 yrs

On the earnings side, the typical household in ZIP 37849 in Powell, TN now reports about $84,275, up from $73,827 in 2021. The population has grown by 1.4% since 2021, moving from about 28,971 residents to roughly 29,375. Renters now make up 17.6% of households, compared with 20.4% five years ago. College-educated residents now make up 32.4% of adults here, versus 29% in 2021.

Community

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Local insights

Tips for renters in ZIP 37849

About renting in ZIP 37849

Last updated: October 17, 2026

ZIP code 37849 covers Powell, TN. The median rent here is $2,167/mo as of October 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,330/mo.

At 31% of local median household income ($84,275/yr), ZIP 37849 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37849?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (about $42/hour full-time) to afford the median rent of $2,167/mo in ZIP 37849. The local median household income is $84,275/yr, so the typical household falls short of that bar.