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ZIP Code · TN

ZIP 38237

Part of Martin, TN
Pop. 15,627·Weakley County·142nd most expensive ZIP in Tennessee
Median rent (all units)
$930/mo
Year-over-Year
Stable
Month-over-Month
-5.4%
vs US Median
-$1,035
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 38237 · $930
More affordable than 99% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$750
1 BR
$750
2 BR
$980
3 BR
$1,190
4 BR+
$1,640
Research median
$980/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
$11,160/yr
At $930/mo median
Location
CityMartin
StateTN
CountyWeakley County
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -5.4% MoM), not inventory.
Demographics

Who lives here

ZIP 38237 (Martin, TN) is majority owner-occupied, skews toward younger working-age adults, has a median income below the national average, 29% of residents hold a bachelor's degree or higher.

Population
15,627
Median income
$51,670
Median age
31.4
Renters
44.6%
Age distribution
16.4%
38.1%
17.5%
12.6%
15.4%
Under 1816.4%
18–3438.1%
35–5417.5%
55–6412.6%
65+15.4%
Gender
49.6%
50.4%
Male49.6%
Female50.4%
Race & ethnicity
76.2%
14.2%
White76.2%
Black14.2%
Hispanic3.9%
Asian2.5%
Other3.2%
Education (25+)
39.3%
22.9%
29%
No HS diploma8.8%
HS diploma39.3%
Some college22.9%
Bachelor's+29%
Housing tenure
55.4%
44.6%
Owner55.4%
Renter44.6%

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

2021 vs 2026

How ZIP 38237 in Martin, TN has changed in 5 years

Income
$45,407 → $51,670
up 13.8%
Population
15,091 → 15,627
up 3.6%
Renter share
42.4% → 44.6%
+2.2 pts
Bachelor's+
27.7% → 29%
+1.3 pts
Median age
32.7 → 31.4
-1.3 yrs

Local incomes tracked alongside that move, going from a median of $45,407 in 2021 to $51,670 more recently. Census counts show ZIP 38237 in Martin, TN adding about 536 residents over the five-year window, up 3.6% on net. The renter share has risen from 42.4% to 44.6%, with owner-occupied housing accounting for the remainder.

Community

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Local insights

Tips for renters in ZIP 38237

About renting in ZIP 38237

Last updated: July 20, 2026

ZIP code 38237 covers Martin, TN. The median rent here is $930/mo as of July 2026. A 1-bedroom rents for a median of $750/mo. A 2-bedroom rents for a median of $980/mo.

At 22% of local median household income ($51,670/yr), ZIP 38237 ranks as affordable 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 38237?

As of July 20, 2026, the median monthly rent in ZIP 38237 (Martin, TN) is $930. This is based on aggregated data from public sources and community submissions.

How does ZIP 38237 rent compare to the US average?

ZIP 38237's median rent of $930/mo is $1,035 (53%) below the US national median of $1,965/mo.

How does ZIP 38237 compare to other ZIPs in Tennessee?

ZIP 38237 is among the more affordable ZIP codes in Tennessee, ranking #142 out of 145 ZIPs at $930/mo.

How much income do you need to rent in ZIP 38237?

To keep rent at or below 30% of gross income, you would need to earn at least $37,000/year (~$18/hour full-time) to afford the median rent of $930/mo in ZIP 38237. The local median household income is $51,670/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 38237?

Rent in ZIP 38237 has been relatively stable over the past year, with a 0.0% change year over year as of July 20, 2026.

Is ZIP 38237 an affordable place to rent?

ZIP 38237 is considered very affordable for renters. At $930/mo, rent takes approximately 22% of the local median household income ($51,670/yr). The standard benchmark is 30%. ZIP 38237 falls comfortably within that range.

What percentage of ZIP 38237 residents rent vs. own?

According to Census data, approximately 44.6% of ZIP 38237 households are renters, while 55.4% are owner-occupied. ZIP 38237 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 38237 compare to the rest of Martin?

ZIP 38237 sits right at the Martin citywide median of $930/mo.

When was rent data for ZIP 38237 last updated?

Rent data for ZIP 38237 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
22%
VERY AFFORDABLE

At $930/mo, rent takes ~22% of ZIP 38237's median household income ($51,670/yr). The standard benchmark is 30%.

ZIP 38237 22%Benchmark 30%
State income taxNone
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Schools nearby

Public schools near ZIP 38237 (Martin, TN)

Recent submissions

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