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Knoxville city, TN

ZIP 37915 — Housing & Real Estate

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

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37915

Median Home Value
$206,400
Median Rent
$453
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,326/mo PITI).

24%
Rent-to-Income Ratio

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

9.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.0 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 37915 in Knoxville city, TN, a household would need roughly $57,000 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 $1,326. That is about 156% above the local median household income ($22,236), 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

Vacancy rate 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
24.2%-63% vs US avg
x
Vacancy Rate
12.3%+19% vs US avg
x
Broadband Access
68.7%-21% vs US avg
x
4+ Bedrooms
0.2%-99% vs US avg
x
Built Pre-1939
3.1%-76% vs US avg
x
Built Post-2014
2.3%-67% vs US avg
x
Rent Burden >30%
19.3%-61% vs US avg
x
Mortgage-Free
55.0%+44% vs US avg
x
$206,400
Home Value
$453
Rent
1977
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

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

  • 1-unit detached31.6%
  • 1-unit attached3.1%
  • 2-9 units19.1%
  • 10+ units45.8%
  • Mobile home & other0.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$206,400
Median rent$453
Owner-occupied24.2%
Vacant12.3%
Price-to-income9.3x
Est. income to buy$57,000