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Knoxville city, TN

ZIP 37909 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37909

Median Home Value
$273,900
Median Rent
$1,003
Affordability Snapshot
$75,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,759/mo PITI).

20%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.5x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37909 in Knoxville city, TN, a household would need roughly $75,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,759. That is about 22% above the local median household income ($61,365), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
47.6%-27% vs US avg
x
Vacancy Rate
4.0%-61% vs US avg
x
Broadband Access
89.0%+2% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
2.7%-79% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
20.4%-59% vs US avg
x
Mortgage-Free
39.0%+2% vs US avg
x
$273,900
Home Value
$1,003
Rent
1983
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached43.1%
  • 1-unit attached9.6%
  • 2-9 units17.6%
  • 10+ units28.9%
  • Mobile home & other0.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$273,900
Median rent$1,003
Owner-occupied47.6%
Vacant4.0%
Price-to-income4.5x
Est. income to buy$75,000