Real Estate Investing in Lenoir City, Tennessee (37772)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37772 (Lenoir City, 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 Lenoir City, TN (37772)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37772 Lenoir City
In practical terms, ZIP 37772 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $513K median. It rewards specialists, not generalists.
For an experienced owner, 37772 can be a worth a close look for hunting ground — but the discount at $513K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Lenoir City have seen price recovery that 37772 has not matched. Loudon County data supports the view that the spread is structural rather than temporary.
The 37772 ZIP's population of 14,164 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
trends toward the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Lenoir City:
Property Strategy for 37772
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $365,775 | $1,710 | 3.4% | +10.4% | $182,888 |
| 3BR | $494,784 | $2,170 | 3.2% | +11.0% | $164,928 |
| 4BR | $661,949 | $2,520 | 2.7% | +10.7% | $165,487 |
| 5BR | $997,238 | — | — | +12.0% | $199,448 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37772 Compare?
| Metric | 37772 | Lenoir City | Knoxville, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $512,647 | $426,995 | N/A | $327,001 |
| 5-Year CAGR | 7.6% | 7.5% | N/A | 7.7% |
| Avg Rent | $1,750 | $1,673 | N/A | - |
| Cap Rate | 2.7% | 3.2% | - | - |
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 37772 (Lenoir City, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $512,647 |
| Monthly Rent | $1,750 |
| Price-to-Rent | 24.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 10.2% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +4.2% ▲ |
| 5-Year CAGR | +7.6% ▲ |
| 10-Year CAGR | +8.0% ▲ |
🏠 Rent Trends
| 1-Year | -2.4% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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 37772
Population: 14,164
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 37772
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 2,186 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Lenoir City, TN rate as a rental market?
Lenoir City, TN scores 3.0/5 for investability. Home values sit at $513K and rents near $1,750/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are homes affordable in Lenoir City, TN?
Lenoir City, TN home values average about $513K. That price point suits investors targeting rentals with $1,750/mo in monthly income.
What monthly rent should investors expect in Lenoir City, TN?
Average rent in Lenoir City, TN is approximately $1,750/mo per month. Against $513K home values that yields a reasonable rent-to-price ratio.
What kind of vacancy should I budget for in Lenoir City, TN?
Occupancy in Lenoir City, TN runs consistent with elevated vacancy. Well-priced units at $1,750/mo lease on reasonable timelines.
Are landlord laws favorable in Lenoir City, TN?
Rental owners in Lenoir City, TN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 37772 now. You don’t know where it ranks.
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How 37772 ranks in Knoxville, TN
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