ZIP 37931
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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
Rent in ZIP 37931 is 0.3% below its high of $1,776 in December 2024, at $1,771 as of September 2026.
Rent in ZIP 37931 changed +1.1% over the year to September 2026. Across the 127 Tennessee ZIP codes Zillow tracks, the typical change was +1.8%.
Rent has risen 4 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($92,150) is $2,304 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,840); a 3-bedroom is $2,330.
9th cheapest of 14 ZIP codes in Knoxville.
ZIP 37909, 6 miles away, rents for 19% less ($1,443/mo), about $3,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 37931. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 37931 (Knoxville, TN) is majority owner-occupied, has a median income above the national average, 47% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 37931 in Knoxville, TN has changed in 5 years
The median rent in ZIP 37931 in Knoxville, TN stood at $1,562 in 2022 and currently runs about $1,771, reflecting a 13.4% increase over the period. On the earnings side, the typical household in ZIP 37931 in Knoxville, TN now reports about $92,150, up from $83,359 in 2021. The population has grown by 7.0% since 2021, moving from about 29,749 residents to roughly 31,842. Renters now make up 28.7% of households, compared with 30.2% five years ago. College-educated residents now make up 47% of adults here, versus 44.2% in 2021. For context, the 2022 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 37931 in Knoxville, TN reflects that arc in its own way.
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Tips for renters in ZIP 37931
Last updated: October 17, 2026
ZIP code 37931 covers Knoxville, TN. The median rent here is $1,771/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 23% of local median household income ($92,150/yr), ZIP 37931 ranks as affordable compared to the national benchmark of 30%. Rents have increased 1.1% over the past year.
Frequently asked questions
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How does ZIP 37931 compare to other ZIPs in Tennessee?
How does ZIP 37931 compare to the rest of Knoxville?
At $1,771/mo, rent takes ~23% of ZIP 37931's median household income ($92,150/yr). The standard benchmark is 30%.
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