ZIP Code · TN

ZIP 38133

Part of Bartlett, TN

Pop. 21,278·Shelby County·62nd most expensive ZIP in Tennessee

Median rent (all units)

$1,648/mo

Year-over-Year

Stable

Month-over-Month

+0.2%

vs US Median

-$284

Reported rents

Stable (Monthly)

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Most AffordableMost Expensive

ZIP 38133 · $1,648

More affordable than 62% of US ZIP codes · National median $1,932/mo

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Compare your rent to the local median.

Medians by bedroom

Rent by unit size

Studio

$1,320

1 BR

$1,440

2 BR

$1,590

3 BR

$2,100

4 BR+

$2,440

Research median

$1,590/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

Cheapest month to sign

July. Asking rents in ZIP 38133 usually run 0.5% below trend in July and 0.9% above it in October, about $23 a month apart at today's median. Based on 5 years of data.

Compared with the peak

Rent in ZIP 38133 is 1.8% below its high of $1,678 in May 2026, at $1,648 as of September 2026.

Past year vs. the rest of Tennessee

Rent in ZIP 38133 changed +0.1% 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 5 of the last 12 months.

What a typical income covers

30% of the median household income ($81,659) is $2,041 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,590); a 3-bedroom is $2,100.

Cheaper nearby

ZIP 38134, 5 miles away, rents for 27% less ($1,206/mo), about $5,300 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 38133. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$19,776/yr

At $1,648/mo median

Location

CityBartlett

StateTN

CountyShelby County

Rent Market Meter

Balanced Market

Renter's MarketBalancedLandlord's Market

Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.

Based on rent-price momentum (+0.1% YoY, +0.2% MoM), not inventory.

Demographics

Who lives here

ZIP 38133 (Bartlett, TN) is majority owner-occupied, has a large share of families with children, 31.9% of residents hold a bachelor's degree or higher.

Population

21,278

Median income

$81,659

Median age

37.2

Renters

32.1%

Age distribution

25.9%

21%

26.9%

13.1%

Under 1825.9%

18–3421%

35–5426.9%

55–6413.1%

65+13.1%

Gender

49.1%

50.9%

Male49.1%

Female50.9%

Race & ethnicity

51%

29.7%

13.9%

White51%

Black29.7%

Hispanic13.9%

Asian4.7%

Other0.7%

Education (25+)

27.8%

29.2%

31.9%

No HS diploma11.2%

HS diploma27.8%

Some college29.2%

Bachelor's+31.9%

Housing tenure

67.9%

32.1%

Owner67.9%

Renter32.1%

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

2021 vs 2026

How ZIP 38133 in Bartlett, TN has changed in 5 years

Rent

$1,314 → $1,648

up 25.4%

Income

$71,364 → $81,659

up 14.4%

Population

21,702 → 21,278

down 2.0%

Renter share

28.5% → 32.1%

+3.6 pts

Bachelor's+

33.7% → 31.9%

-1.8 pts

Median age

35.3 → 37.2

+1.9 yrs

Five years ago, renters in ZIP 38133 in Bartlett, TN paid around $1,314 a month. That figure now sits near $1,648, up 25.4% from the 2021 baseline. Household income in the area moved from $71,364 to $81,659 across the same window, up 14.4% versus 2021. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 38133 in Bartlett, TN losing about 424 residents over the five-year window, down 2.0% on net. The renter share has risen from 28.5% to 32.1%, with owner-occupied housing accounting for the remainder. Reading these numbers side by side helps frame whether current listings in ZIP 38133 in Bartlett, TN look reasonable against where the market sat half a decade ago.

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About renting in ZIP 38133

Last updated: October 17, 2026

ZIP code 38133 covers Bartlett, TN. The median rent here is $1,648/mo as of October 2026. A 1-bedroom rents for a median of $1,440/mo. A 2-bedroom rents for a median of $1,590/mo.

At 24% of local median household income ($81,659/yr), ZIP 38133 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 38133?

To keep rent at or below 30% of gross income, you would need to earn at least $66,000/year (about $32/hour full-time) to afford the median rent of $1,648/mo in ZIP 38133. The local median household income is $81,659/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 38133?

Rent in ZIP 38133 has been roughly flat over the past year as of September 2026, a +0.1% change. It sits 1.8% below its high of $1,678 in May 2026.

When is the cheapest time to rent in ZIP 38133?

Asking rents in ZIP 38133 are usually lowest in July, about 0.5% below their yearly trend, and highest in October, about 0.9% above it. At today's median that is a gap of roughly $23 a month. This pattern comes from 5 years of Zillow rent data.

How does ZIP 38133 compare to other ZIPs in Tennessee?

ZIP 38133 is in the middle among Tennessee ZIP codes for rent, ranking #62 of 147 at $1,648/mo. Over the year to September 2026, rent in ZIP 38133 changed +0.1%, against a typical +1.8% across the 127 Tennessee ZIP codes Zillow tracks.