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ZIP Code · TN

ZIP 37920

Pop. 44,995·Knox County·35th most expensive ZIP in Tennessee
Median rent (all units)
$1,915/mo
Year-over-Year
+1.6%
Month-over-Month
+1.3%
vs US Median
-$47
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37920 · $1,915
More expensive than 55% of US ZIP codes · National median $1,962/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: August 17, 2026

Annual cost
$22,980/yr
At $1,915/mo median
Location
StateTN
CountyKnox County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (1.6% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+1.6% YoY, +1.3% MoM), not inventory.
Demographics

Who lives here

ZIP 37920 (Knoxville, TN) is majority owner-occupied, skews toward younger working-age adults, 35.6% of residents hold a bachelor's degree or higher.

Population
44,995
Median income
$66,362
Median age
33.6
Renters
41.1%
Age distribution
16.6%
35.4%
21.1%
16%
Under 1816.6%
18–3435.4%
35–5421.1%
55–6410.9%
65+16%
Gender
49.8%
50.2%
Male49.8%
Female50.2%
Race & ethnicity
84.1%
White84.1%
Black6.9%
Hispanic4.6%
Asian1.3%
Other3.1%
Education (25+)
29%
26.1%
35.6%
No HS diploma9.3%
HS diploma29%
Some college26.1%
Bachelor's+35.6%
Housing tenure
58.9%
41.1%
Owner58.9%
Renter41.1%

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

2021 vs 2026

How ZIP 37920 in Knoxville, TN has changed in 5 years

Income
$52,491 → $66,362
up 26.4%
Population
41,826 → 44,995
up 7.6%
Renter share
40.5% → 41.1%
+0.6 pts
Bachelor's+
33% → 35.6%
+2.6 pts
Median age
36.7 → 33.6
-3.1 yrs

Median household income climbed from $52,491 to $66,362 between 2021 and 2024, a 26.4% shift. Census counts show ZIP 37920 in Knoxville, TN adding about 3,169 residents over the five-year window, up 7.6% on net. Bachelor's-degree-or-higher attainment moved from 33% to 35.6% across the same window.

Community

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Local insights

Tips for renters in ZIP 37920

About renting in ZIP 37920

Last updated: August 17, 2026

ZIP code 37920 covers Knoxville, TN. The median rent here is $1,915/mo as of August 2026. A 1-bedroom rents for a median of $1,070/mo. A 2-bedroom rents for a median of $1,330/mo.

At 35% of local median household income ($66,362/yr), ZIP 37920 ranks as moderate compared to the national benchmark of 30%. Rents have increased 1.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37920?

As of August 17, 2026, the median monthly rent in ZIP 37920 (Knoxville, TN) is $1,915. This is based on aggregated data from public sources and community submissions.

How does ZIP 37920 rent compare to the US average?

ZIP 37920's median rent of $1,915/mo is $47 (2%) below the US national median of $1,962/mo.

How does ZIP 37920 compare to other ZIPs in Tennessee?

ZIP 37920 is one of the pricier ZIP codes in Tennessee, ranking #35 out of 143 ZIPs tracked at $1,915/mo.

How much income do you need to rent in ZIP 37920?

To keep rent at or below 30% of gross income, you would need to earn at least $77,000/year (~$37/hour full-time) to afford the median rent of $1,915/mo in ZIP 37920. The local median household income is $66,362/yr, meaning the typical household falls short of that threshold.

Is rent going up or down in ZIP 37920?

Rent in ZIP 37920 has increased 1.6% over the past year as of August 17, 2026, putting upward pressure on renter budgets.

Is ZIP 37920 an affordable place to rent?

ZIP 37920 is considered moderate for renters. At $1,915/mo, rent takes approximately 35% of the local median household income ($66,362/yr). The standard benchmark is 30%. ZIP 37920 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 37920 residents rent vs. own?

According to Census data, approximately 41.1% of ZIP 37920 households are renters, while 58.9% are owner-occupied. ZIP 37920 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37920 compare to the rest of Knoxville?

ZIP 37920 is pricier than Knoxville as a whole. At $1,915/mo, it's $189 above the Knoxville citywide median of $1,726/mo.

When was rent data for ZIP 37920 last updated?

Rent data for ZIP 37920 reflects August 17, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
35%
MODERATE

At $1,915/mo, rent takes ~35% of ZIP 37920's median household income ($66,362/yr). The standard benchmark is 30%.

ZIP 37920 35%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37920 (Knoxville, TN)

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