Gross rental yield of 5.77% — ranked #80 of 167 Tennessee ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -5.7% | +1.9% |
| Market rent | +1.1% | +7.1% |
Metro: Memphis, TN-MS-AR · County: Shelby County · Annual rent: $18,684
Similar home values, sorted by yield — the cheapest way to see if 38103 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 37701 | Alcoa | TN | $313,481 | $1,883 | 7.21% | 13.9 | +1.2% |
| 37920 | Knoxville | TN | $327,427 | $1,890 | 6.93% | 14.4 | +1.3% |
| 37148 | Portland | TN | $335,347 | $1,698 | 6.07% | 16.5 | +0.7% |
| 37830 | Oak Ridge | TN | $332,653 | $1,673 | 6.03% | 16.6 | +2.6% |
| 37160 | Shelbyville | TN | $315,537 | $1,573 | 5.98% | 16.7 | +1.5% |
| 37115 | Nashville | TN | $330,251 | $1,526 | 5.54% | 18.0 | -4.5% |
| 37355 | Manchester | TN | $328,762 | $1,493 | 5.45% | 18.3 | +2.5% |
| 37217 | Nashville | TN | $326,578 | $1,393 | 5.12% | 19.5 | -3.7% |
Top rental yields in all of Tennessee →
Screening more than one ZIP? Get every Tennessee ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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