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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in ZCTA5 37877, Tennessee?

$1,020/month 4.3%vs 2023 ($978)

ZIP code · Census ACS 5-Year estimates

The median gross rent in ZCTA5 37877, Tennessee (ZIP 37877) is $1,020/month (±$106), based on Census ACS 5-Year estimates (2024). The median home value is $234,900 (±$17,606), and the median household income is $77,624/year. The unemployment rate in Jefferson County, Tennessee was 3.1% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for ZIP 37877

MetricValue
Median Gross Rent$1,020
Median Home Value$234,900
Median Household Income$77,624
Total Housing Units3,784
Renter-Occupied Units633
Renter-Occupied Share17%
Households Paying 50%+ Income44 households
Unemployment Rate(April 2026)3.1%

How does ZIP 37877 compare?

Median gross rent ranked against all ZIP codes in Tennessee.

Higher rent than 63% of ZIP codes in Tennessee · 193th of 516

Cheapest: ZCTA5 37819($452)
Priciest: ZCTA5 37046($3,501)
#ZIP codeValue
1ZCTA5 37046$3,501
2ZCTA5 38139$2,697
3ZCTA5 37135$2,341
… 189 more …
193ZCTA5 37877(you are here)$1,020
… 320 more …
514ZCTA5 37819$452
515ZCTA5 37387$405
516ZCTA5 38485$357

Geography

ZIP 37877 is in Jefferson County, Tennessee.

It covers part of Morristown city, Tennessee.

More data for ZCTA5 37877

Frequently asked questions

What is the average rent in ZCTA5 37877, Tennessee?

The median gross rent in ZCTA5 37877, Tennessee (ZIP 37877) is $1,020/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in ZCTA5 37877, Tennessee?

The median rent for a 2-bedroom in ZCTA5 37877, Tennessee is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in ZCTA5 37877, Tennessee?

The median home value in ZCTA5 37877, Tennessee (ZIP 37877) is $234,900 according to Census ACS 5-Year estimates (2024).

What percentage of renters in ZCTA5 37877 are rent-burdened?

In ZCTA5 37877, Tennessee, 44 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in ZCTA5 37877, Tennessee?

The median household income in ZCTA5 37877, Tennessee is $77,624/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,020 has a margin of error of ±$106. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.