ZIP Code · TN

ZIP 37862

Pop. 21,767·Sevier County·43rd most expensive ZIP in Tennessee
Median rent (all units)
$1,788/mo
Year-over-Year
Stable
Month-over-Month
+0.6%
vs US Median
-$144
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37862 · $1,788
More affordable than 52% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$850
1 BR
$940
2 BR
$1,120
3 BR
$1,470
4 BR+
$1,480
Research median
$1,120/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: September 25, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($59,792) is $1,495 a month. That covers HUD's Fair Market Rent for up to a 4-bedroom ($1,480).

From Zillow's monthly rent index (ZORI) for ZIP 37862. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$21,456/yr
At $1,788/mo median
Location
StateTN
CountySevier 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 37862 (Pigeon Forge, TN) is majority owner-occupied, has a large retiree population, has a median income below the national average, 24.1% of residents hold a bachelor's degree or higher.

Population
21,767
Median income
$59,792
Median age
44.7
Renters
38.8%
Age distribution
17.9%
21.2%
23.2%
14.4%
23.4%
Under 1817.9%
18–3421.2%
35–5423.2%
55–6414.4%
65+23.4%
Gender
51.5%
48.5%
Male51.5%
Female48.5%
Race & ethnicity
77.4%
19.1%
White77.4%
Black1.8%
Hispanic19.1%
Asian2.1%
Education (25+)
12.3%
31.1%
32.5%
24.1%
No HS diploma12.3%
HS diploma31.1%
Some college32.5%
Bachelor's+24.1%
Housing tenure
61.2%
38.8%
Owner61.2%
Renter38.8%

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

2021 vs 2026

How ZIP 37862 in Pigeon Forge, TN has changed in 5 years

Income
$50,431 → $59,792
up 18.6%
Population
23,016 → 21,767
down 5.4%
Renter share
39.8% → 38.8%
-1.0 pts
Bachelor's+
21.1% → 24.1%
+3.0 pts
Median age
42.9 → 44.7
+1.8 yrs

On the earnings side, the typical household in ZIP 37862 in Pigeon Forge, TN now reports about $59,792, up from $50,431 in 2021. The population has contracted by 5.4% since 2021, moving from about 23,016 residents to roughly 21,767. College-educated residents now make up 24.1% of adults here, versus 21.1% in 2021.

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Local insights

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About renting in ZIP 37862

Last updated: September 25, 2026

ZIP code 37862 covers Pigeon Forge, TN. The median rent here is $1,788/mo as of September 2026. A 1-bedroom rents for a median of $940/mo. A 2-bedroom rents for a median of $1,120/mo.

At 36% of local median household income ($59,792/yr), ZIP 37862 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 37862?

To keep rent at or below 30% of gross income, you would need to earn at least $72,000/year (about $35/hour full-time) to afford the median rent of $1,788/mo in ZIP 37862. The local median household income is $59,792/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 37862?

Rent in ZIP 37862 has been roughly flat over the past year, a 0.0% change.

How does ZIP 37862 compare to other ZIPs in Tennessee?

ZIP 37862 is one of the pricier among Tennessee ZIP codes for rent, ranking #43 of 143 at $1,788/mo.
Income Affordability
36%
MODERATE

At $1,788/mo, rent takes ~36% of ZIP 37862's median household income ($59,792/yr). The standard benchmark is 30%.

ZIP 37862 36%Benchmark 30%
State income taxNone
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