Gross rental yield of 4.49% — ranked #134 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -1.9% | +18.5% |
| Market rent | +0.0% | +19.5% |
Metro: Memphis, TN-MS-AR · County: Shelby County · Annual rent: $23,316
Similar home values, sorted by yield — the cheapest way to see if 38017 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 37201 | Nashville | TN | $502,690 | $2,197 | 5.24% | 19.1 | -1.0% |
| 37216 | Nashville | TN | $507,022 | $2,166 | 5.13% | 19.5 | -2.3% |
| 37174 | Spring Hill | TN | $521,178 | $2,028 | 4.67% | 21.4 | -0.4% |
| 37932 | Knoxville | TN | $542,865 | $2,062 | 4.56% | 21.9 | +1.3% |
| 37772 | Lenoir City | TN | $514,301 | $1,743 | 4.07% | 24.6 | +1.0% |
| 37221 | Nashville | TN | $509,485 | $1,677 | 3.95% | 25.3 | -2.5% |
| 37075 | Hendersonville | TN | $520,806 | $1,676 | 3.86% | 25.9 | +0.3% |
| 37916 | Knoxville | TN | $494,818 | $1,533 | 3.72% | 26.9 | +9.5% |
Top rental yields in all of Tennessee →
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