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ZIP Code · TN

ZIP 37934

Part of Farragut, TN
Pop. 28,272·Knox County·8th most expensive ZIP in Tennessee
Median rent (all units)
$2,312/mo
Year-over-Year
+8.4%
Month-over-Month
+2.2%
vs US Median
+$347
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37934 · $2,312
More expensive than 73% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,770
1 BR
$1,780
2 BR
$2,210
3 BR
$2,800
4 BR+
$3,260
Research median
$2,210/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: July 20, 2026

Annual cost
$27,744/yr
At $2,312/mo median
Location
StateTN
CountyKnox County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 8.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+8.4% YoY, +2.2% MoM), not inventory.
Demographics

Who lives here

ZIP 37934 (Farragut, TN) is majority owner-occupied, has a large retiree population, has a median income above the national average, 62.6% of residents hold a bachelor's degree or higher.

Population
28,272
Median income
$132,264
Median age
44.9
Renters
14.1%
Age distribution
22.7%
13.6%
29.2%
13%
21.4%
Under 1822.7%
18–3413.6%
35–5429.2%
55–6413%
65+21.4%
Gender
49.2%
50.8%
Male49.2%
Female50.8%
Race & ethnicity
87.5%
White87.5%
Black1.5%
Hispanic2.8%
Asian4.3%
Other3.9%
Education (25+)
12.1%
22.9%
62.6%
No HS diploma2.4%
HS diploma12.1%
Some college22.9%
Bachelor's+62.6%
Housing tenure
85.9%
14.1%
Owner85.9%
Renter14.1%

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

2021 vs 2026

How ZIP 37934 in Farragut, TN has changed in 5 years

Income
$109,727 → $132,264
up 20.5%
Population
27,423 → 28,272
up 3.1%
Renter share
14.2% → 14.1%
-0.1 pts
Bachelor's+
61.9% → 62.6%
+0.7 pts
Median age
46.2 → 44.9
-1.3 yrs

Median household income grew from $109,727 to $132,264 between 2021 and 2024, a 20.5% shift. Headcount in the area went from 27,423 to 28,272 between 2021 and 2024, a 3.1% change.

Community

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Local insights

Tips for renters in ZIP 37934

About renting in ZIP 37934

Last updated: July 20, 2026

ZIP code 37934 covers Farragut, TN. The median rent here is $2,312/mo as of July 2026. A 1-bedroom rents for a median of $1,780/mo. A 2-bedroom rents for a median of $2,210/mo.

At 21% of local median household income ($132,264/yr), ZIP 37934 ranks as affordable compared to the national benchmark of 30%. Rents have increased 8.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 37934?

As of July 20, 2026, the median monthly rent in ZIP 37934 (Farragut, TN) is $2,312. This is based on aggregated data from public sources and community submissions.

How does ZIP 37934 rent compare to the US average?

ZIP 37934's median rent of $2,312/mo is $347 (18%) above the US national median of $1,965/mo.

How does ZIP 37934 compare to other ZIPs in Tennessee?

ZIP 37934 is one of the pricier ZIP codes in Tennessee, ranking #8 out of 145 ZIPs tracked at $2,312/mo.

How much income do you need to rent in ZIP 37934?

To keep rent at or below 30% of gross income, you would need to earn at least $92,000/year (~$44/hour full-time) to afford the median rent of $2,312/mo in ZIP 37934. The local median household income is $132,264/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37934?

Rent in ZIP 37934 has increased 8.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 37934 an affordable place to rent?

ZIP 37934 is considered very affordable for renters. At $2,312/mo, rent takes approximately 21% of the local median household income ($132,264/yr). The standard benchmark is 30%. ZIP 37934 falls comfortably within that range.

What percentage of ZIP 37934 residents rent vs. own?

According to Census data, approximately 14.1% of ZIP 37934 households are renters, while 85.9% are owner-occupied. ZIP 37934 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37934 compare to the rest of Farragut?

ZIP 37934 is pricier than Farragut as a whole. At $2,312/mo, it's $286 above the Farragut citywide median of $2,026/mo.

When was rent data for ZIP 37934 last updated?

Rent data for ZIP 37934 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
21%
VERY AFFORDABLE

At $2,312/mo, rent takes ~21% of ZIP 37934's median household income ($132,264/yr). The standard benchmark is 30%.

ZIP 37934 21%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37934 (Farragut, TN)

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