ZIP Code · TN

ZIP 37902

Pop. 2,412·Knox County·16th most expensive ZIP in Tennessee
Median rent (all units)
$2,097/mo
Year-over-Year
+1.7%
Month-over-Month
+0.2%
vs US Median
+$165
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 37902 · $2,097
More expensive than 66% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,470
1 BR
$1,480
2 BR
$1,840
3 BR
$2,330
4 BR+
$2,720
Research median
$1,840/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

Past year vs. the rest of Tennessee

Rent in ZIP 37902 changed +1.7% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.

Recent direction

Rent rose in 6 of the last 12 months.

What a typical income covers

30% of the median household income ($50,161) is $1,254 a month. That is less than HUD's Fair Market Rent for a studio ($1,470).

Rank in Knoxville

13th cheapest of 14 ZIP codes in Knoxville.

Cheaper nearby

ZIP 37917, 3 miles away, rents for 20% less ($1,683/mo), about $5,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 37902. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$25,164/yr
At $2,097/mo median
Location
StateTN
CountyKnox County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.7% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.7% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 37902 (Knoxville, TN) is majority renter-occupied, skews toward younger working-age adults, has a median income below the national average, 59.3% of residents hold a bachelor's degree or higher.

Population
2,412
Median income
$50,161
Median age
32.7
Renters
81.3%
Age distribution
51.2%
21.1%
15.1%
Under 183.3%
18–3451.2%
35–5421.1%
55–649.2%
65+15.1%
Gender
59.5%
40.5%
Male59.5%
Female40.5%
Race & ethnicity
80.6%
White80.6%
Black9.7%
Hispanic1.5%
Asian3.2%
Other5.1%
Education (25+)
14%
20.3%
59.3%
No HS diploma6.4%
HS diploma14%
Some college20.3%
Bachelor's+59.3%
Housing tenure
18.7%
81.3%
Owner18.7%
Renter81.3%

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

2021 vs 2026

How ZIP 37902 in Knoxville, TN has changed in 5 years

Income
$51,111 → $50,161
down 1.9%
Population
2,371 → 2,412
up 1.7%
Renter share
80.6% → 81.3%
+0.7 pts
Bachelor's+
56% → 59.3%
+3.3 pts
Median age
35.4 → 32.7
-2.7 yrs

Local incomes tracked alongside that move, going from a median of $51,111 in 2021 to $50,161 more recently. The population has grown by 1.7% since 2021, moving from about 2,371 residents to roughly 2,412. College-educated residents now make up 59.3% of adults here, versus 56% in 2021.

Community

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Local insights

Tips for renters in ZIP 37902

About renting in ZIP 37902

Last updated: October 17, 2026

ZIP code 37902 covers Knoxville, TN. The median rent here is $2,097/mo as of October 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,840/mo.

At 50% of local median household income ($50,161/yr), ZIP 37902 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.7% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 37902?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (about $40/hour full-time) to afford the median rent of $2,097/mo in ZIP 37902. The local median household income is $50,161/yr, so the typical household falls short of that bar.

Is rent going up or down in ZIP 37902?

Rent in ZIP 37902 has risen 1.7% over the past year.

How does ZIP 37902 compare to other ZIPs in Tennessee?

ZIP 37902 is one of the pricier among Tennessee ZIP codes for rent, ranking #16 of 147 at $2,097/mo. Over the year to September 2026, rent in ZIP 37902 changed +1.7%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.

How does ZIP 37902 compare to the rest of Knoxville?

At $2,097/mo, ZIP 37902 is $396 above the Knoxville citywide median of $1,701/mo. It is the 13th cheapest of 14 ZIP codes in Knoxville.
Income Affordability
50%
STRETCHED

At $2,097/mo, rent takes ~50% of ZIP 37902's median household income ($50,161/yr). The standard benchmark is 30%.

ZIP 37902 50%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37902 (Knoxville, TN)

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