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ZIP Code · TN

ZIP 37938

Pop. 17,437·Knox County·15th most expensive ZIP in Tennessee
Median rent (all units)
$2,100/mo
Year-over-Year
Stable
Month-over-Month
+43.8%
vs US Median
+$135
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 37938 · $2,100
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,170
1 BR
$1,180
2 BR
$1,460
3 BR
$1,860
4 BR+
$2,170
Research median
$1,460/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: May 18, 2026

Annual cost
$25,200/yr
At $2,100/mo median
Location
StateTN
CountyKnox County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 0.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+0.0% YoY, +43.8% MoM), not inventory.
Demographics

Who lives here

ZIP 37938 (Knoxville, TN) is majority owner-occupied, has a large retiree population, 34.1% of residents hold a bachelor's degree or higher.

Population
17,437
Median income
$84,135
Median age
47.8
Renters
8.6%
Age distribution
18.9%
15.4%
27%
17%
21.7%
Under 1818.9%
18–3415.4%
35–5427%
55–6417%
65+21.7%
Gender
50.3%
49.7%
Male50.3%
Female49.7%
Race & ethnicity
92.6%
White92.6%
Black1.9%
Hispanic1.7%
Asian1.5%
Other2.3%
Education (25+)
27.7%
33.1%
34.1%
No HS diploma5.1%
HS diploma27.7%
Some college33.1%
Bachelor's+34.1%
Housing tenure
91.4%
Owner91.4%
Renter8.6%

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

2021 vs 2026

How ZIP 37938 in Knoxville, TN has changed in 5 years

Income
$78,978 → $84,135
up 6.5%
Population
17,021 → 17,437
up 2.4%
Renter share
10.9% → 8.6%
-2.3 pts
Bachelor's+
30.6% → 34.1%
+3.5 pts
Median age
45.7 → 47.8
+2.1 yrs

On the earnings side, the typical household in ZIP 37938 in Knoxville, TN now reports about $84,135, up from $78,978 in 2021. Census counts show ZIP 37938 in Knoxville, TN adding about 416 residents over the five-year window, up 2.4% on net. The renter share has eased from 10.9% to 8.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 30.6% to 34.1% across the same window.

Community

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Local insights

Tips for renters in ZIP 37938

About renting in ZIP 37938

Last updated: May 18, 2026

ZIP code 37938 covers Knoxville, TN. The median rent here is $2,100/mo as of May 2026. A 1-bedroom rents for a median of $1,180/mo. A 2-bedroom rents for a median of $1,460/mo.

At 30% of local median household income ($84,135/yr), ZIP 37938 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 is rent in ZIP code 37938?

As of May 18, 2026, the median monthly rent in ZIP 37938 (Knoxville, TN) is $2,100. This is based on aggregated data from public sources and community submissions.

How does ZIP 37938 rent compare to the US average?

ZIP 37938's median rent of $2,100/mo is $135 (7%) above the US national median of $1,965/mo.

How does ZIP 37938 compare to other ZIPs in Tennessee?

ZIP 37938 is one of the pricier ZIP codes in Tennessee, ranking #15 out of 147 ZIPs tracked at $2,100/mo.

How much income do you need to rent in ZIP 37938?

To keep rent at or below 30% of gross income, you would need to earn at least $84,000/year (~$40/hour full-time) to afford the median rent of $2,100/mo in ZIP 37938. The local median household income is $84,135/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 37938?

Rent in ZIP 37938 has been relatively stable over the past year, with a 0.0% change year over year as of May 18, 2026.

Is ZIP 37938 an affordable place to rent?

ZIP 37938 is considered moderate for renters. At $2,100/mo, rent takes approximately 30% of the local median household income ($84,135/yr). The standard benchmark is 30%. ZIP 37938 slightly exceeds that threshold, so budgeting carefully matters here.

What percentage of ZIP 37938 residents rent vs. own?

According to Census data, approximately 8.6% of ZIP 37938 households are renters, while 91.4% are owner-occupied. ZIP 37938 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 37938 compare to the rest of Knoxville?

ZIP 37938 is pricier than Knoxville as a whole. At $2,100/mo, it's $365 above the Knoxville citywide median of $1,735/mo.

When was rent data for ZIP 37938 last updated?

Rent data for ZIP 37938 reflects May 18, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
30%
MODERATE

At $2,100/mo, rent takes ~30% of ZIP 37938's median household income ($84,135/yr). The standard benchmark is 30%.

ZIP 37938 30%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 37938 (Knoxville, TN)

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