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Rental Insights for ZIP Code 37738 (Gatlinburg, TN)

Housing Rentals in ZIP Code 37738 (Gatlinburg, TN)

37738 ZIP Code in Tennessee

An In-depth Rental Snapshot of ZIP Code 37738

The 37738 ZIP Code is primarily located in Gatlinburg, TN in Sevier County. The estimated median housing rent in this region of Tennessee is $797 per month. Approximately 37.0% of housing units in this Sevier County ZIP Code are occupied by renters, while the region has an estimated rental unit vacancy rate of 39.9%.

The median rent in ZIP Code 37738 of $797 per month is 8% lower than the aggregate Tennessee median monthly rent of $869, and is 25% lower than the $1,062 the median monthly rent in the U.S. overall. An estimated 62.3% of renters in ZIP Code 37738 pay between $500 and $999 per month for housing. That is 23% higher than in Tennessee overall, in which 50.8% of total state residents pay between $500 and $999 per month for housing. Only 1.0% of renters in this Gatlinburg, TN region pay between $2,500 and $2,999 per month for rent.

ZIP Code 37738 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 37738

See the chart below for a comparison of monthly rental costs in ZIP Code 37738, Tennessee, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 37738 along with those in the state of Tennessee and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 37738

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 37738 Tennessee U.S.
Less than $500 14.7% 12.8% 9.4%
$500 to $999 62.3% 50.8% 36.2%
$1,000 to $1,499 16.9% 26.9% 30.0%
$1,500 to $1,999 2.5% 6.7% 14.0%
$2,000 to $2,499 1.0% 1.8% 5.6%
$2,500 to $2,999 1.0% 0.5% 2.4%
$3,000 or more 1.6% 0.5% 2.4%

Rent Cost vs. Income in ZIP Code 37738

Renters in ZIP Code 37738 use an estimated 29.12% of their income to cover their monthly rent payments. That is about 0% lower than in Tennessee overall. The estimate for Tennessee overall is 29.18% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 37738 renters use about 2% less of their income to cover rent expense. Household income figures for ZIP Code 37738 come in lower than in Tennessee as a whole. The median annual household income in ZIP Code 37738 of $42,614 sits approximately 20% lower than the overall Tennessee median income of $53,320 and approximately 32% lower than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 37738

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 37738, Tennessee, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 37738 along with the same calculations in the state of Tennessee and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 37738

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 37738 Tennessee U.S.
Less than 15.0 percent 17.3% 14.1% 13.1%
15.0 to 19.9 percent 14.0% 13.4% 12.9%
20.0 to 24.9 percent 10.1% 12.8% 12.9%
25.0 to 29.9 percent 6.8% 12.3% 11.6%
30.0 to 34.9 percent 12.6% 9.4% 9.1%
35.0 percent or more 39.3% 37.9% 40.5%

Household Income in ZIP Code 37738

See the table below for the regional comparison of annual household income in ZIP Code 37738.

Income ZIP 37738 Tennessee U.S.
Less than $10,000 7.1% 6.9% 6.0%
$10,000 to $14,999 6.6% 5.2% 4.3%
$15,000 to $24,999 13.8% 10.6% 8.9%
$25,000 to $34,999 12.9% 10.4% 8.9%
$35,000 to $49,999 13.9% 14.0% 12.3%
$50,000 to $74,999 22.9% 18.3% 17.2%
$75,000 to $99,999 7.9% 12.4% 12.7%
$100,000 to $149,999 10.7% 12.8% 15.1%
$150,000 to $199,999 2.9% 4.7% 6.8%
$200,000 or more 1.3% 4.8% 7.7%

Household Income in ZIP Code 37738

See the chart below for a comparison of annual household income figures in ZIP Code 37738, Tennessee, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 37738 alongside the same figures for the state of Tennessee and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 37738

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 37738.

ZIP 37738 Tennessee U.S.
Median Housing Rent $797 $869 $1,062
Renter-Occupied Housing Units 37.0% 33.7% 36.0%
Rental Vacancy Rate 39.9% 7.1% 6.0%
Average Size of Renter-Occupied Unit 2.35 2.42 2.49
Average # of Bedrooms Per Unit 2.21 2.81 2.75
Percent of Income Spent on Rent 29.12% 29.18% 29.83%
Per Capita Income $25,401 $29,859 $34,103
Median Household Income $56,017 $74,750 $88,607
Living Below the Poverty Line 7.1% 11.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 37738

In ZIP Code 37738 (Gatlinburg, TN), and estimated 37.0% of housing units are occupied by renters. This region has an approximate rental vacany rate of 39.9%.

The per capita income in 37738 is estimated at $25,401, which goes along with an estimated median household income of $56,017. About 7.1% of residents in this Sevier County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.35 occupants, while the units have an aggregate average size of 2.21 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 29.12% of their income on housing rental costs.

Rental FAQs for ZIP Code 37738

1

What is the median monthly rent in ZIP Code 37738?

Median rent for housing in ZIP Code 37738 in Sevier County in Tennessee is approximately $797 per month.
2

Is it expensive to rent in ZIP Code 37738?

Rent in ZIP Code 37738 is lower than average in the state of Tennessee overall. The median monthly rent of $797 in ZIP Code 37738 is approximately 8% lower than the Tennessee median of $869. Additionally, median rent in this Gatlinburg, TN region ($797) is about 25% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 37738?

High-priced rentals are more common in ZIP Code 37738 than in Tennessee overall. The percentage of rentals in ZIP Code 37738 that cost $3,000 or more per month (1.6%) is about 220% higher than the Tennessee rate of 0.5% that cost that much. Additionally, the overall U.S. rate of 2.4% paying $3,000 or more per month is about 33% higher than the aforementioned 37738 rate of 1.6%.
4

Are affordable rentals common in ZIP Code 37738?

Affordable rentals are more common in ZIP Code 37738 than in Tennessee overall. The percentage of housing rentals in ZIP Code 37738 costing $999 or less per month (77%) is approximately 21% higher than the Tennessee rate of 63.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 69% lower than the previously mentioned 37738 rate of 77%.
5

What is the most common cost range that rentals fall into in ZIP Code 37738?

The most common range for rental cost in ZIP Code 37738 is between $500 and $999 per month. About 62.3% of renters in 37738 pay in this range for monthly rent. In comparison, approximately 50.8% of renters in the state of Tennessee fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 37738 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 37738 is higher than the rental vacancy rate in the state of Tennessee overall. Rental vacancy of 39.9% in ZIP Code 37738 is about 462% higher than the Tennessee rate of 7.1%. Looking more broadly, rental vacancy in this Gatlinburg, TN region (39.9%) is an estimated 565% higher than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 37738? How does it compare to other Tennessee regions?

Median household income in ZIP Code 37738 is lower than in the state of Tennessee overall. Annual household income of $42,614 in ZIP Code 37738 is about 20% lower than the Tennessee median of $53,320. Additionally, median household income in this Gatlinburg, TN region ($42,614) is approximately 32% lower than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 37738 spend on housing costs?

Renters in ZIP Code 37738 spend a lower amount of their income on rent costs than do renters in Tennessee overall. Renters in ZIP Code 37738 spend an estimated 29.12% of their income on rent payments, which is about 0% lower than the overall Tennessee estimated rate of 29.18%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 2% higher than the ZIP Code 37738 estimated rate of 29.12%.
9

Do renters in ZIP Code 37738 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 37738 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 37738 spending 30 percent or more of their income on rent costs (51.9%) is approximately 10% higher than the Tennessee rate of 47.3% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 5% lower than the aforementioned 37738 rate of 51.9%.
10

What is the average household size of renter-occupied units in ZIP Code 37738?

The average household size of renter-occupied units in ZIP Code 37738 is lower than in the state of Tennessee overall. Annual household size of 2.35 in ZIP Code 37738 is about 3% lower than the Tennessee median of 2.42. Additionally, median household size in this Gatlinburg, TN region (2.35) is approximately 6% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Tennessee ZIP Codes