Real Estate Investing in Chattanooga, Tennessee (37416)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37416 (Chattanooga, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Chattanooga, TN (37416)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37416 Chattanooga
ZIP 37416 in Chattanooga, TN carries a robust set of headwinds. Home values near $293K and rents of $1,356/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 37416 reflects the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
On balance, 37416 offers a low basis, the region around Chattanooga has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 37416 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Strategically, 37416 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Chattanooga:
Property Strategy for 37416
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $225,360 | $1,360 | 4.3% | +7.9% | $112,680 |
| 3BR | $291,170 | $1,700 | 4.2% | +9.3% | $97,057 |
| 4BR | $402,088 | $1,810 | 3.2% | +8.5% | $100,522 |
| 5BR | $518,015 | — | — | +8.6% | $103,603 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37416 Compare?
| Metric | 37416 | Chattanooga | Chattanooga, TN-GA | Tennessee |
|---|---|---|---|---|
| Home Value | $293,493 | $277,310 | N/A | $327,001 |
| 5-Year CAGR | 5.1% | 4.4% | N/A | 7.7% |
| Avg Rent | $1,356 | $1,520 | N/A | - |
| Cap Rate | 3.6% | 4.6% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37416 (Chattanooga, TN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 37416 (Chattanooga, TN)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Hamilton County
Manage rentals here? List your business →Greyhaven Realty Management Co. offers property management, brokerage, rehab, construction, leasing, and maintenance services in Chattanooga for single-family and multi-family properties. summary from their website
Doorby Property Management offers property management services in Chattanooga. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $293,493 |
| Monthly Rent | $1,356 |
| Price-to-Rent | 18.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +0.9% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +5.1% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37416
Population: 14,089
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37416
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 2,870 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are homes affordable in Chattanooga, TN?
Typical homes in Chattanooga, TN go for around $293K. The 5-year CAGR of 0.0% predictable price movement.
Is Chattanooga, TN a friendly market for rental owners?
Chattanooga, TN operates under TN law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
What is the renter demographic in Chattanooga, TN?
Tenant demand in Chattanooga, TN is solid. The local workforce $1,356/mo rents across most rental classes.
Is Chattanooga, TN a smart market for rental property?
Yes - Chattanooga, TN a 3.0/5 investability score. With $293K home prices against $1,356/mo monthly rent, the market delivers a reasonable entry point for new investors.
What do landlords charge for rent in Chattanooga, TN?
Investors in Chattanooga, TN typically see rents near $1,356/mo per month against $293K home values - a solid setup for rental cash flow.
You know 37416 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 37416 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 37416 ranks in Chattanooga, TN-GA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 37416 (Chattanooga)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 37416 (Chattanooga, TN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.