RentYield Atlas

ZIP 38139 — Germantown, TN: rental yield & market data

Gross rental yield of 6.51% — ranked #49 of 167 Tennessee ZIP codes. June 2026 data.

Gross rental yield
6.51%
Home value
$601,649
Market rent / mo
$3,262
Price-to-rent
15.4

Trend

Metric1-year change5-year change
Home value-1.1% +17.0%
Market rent

Metro: Memphis, TN-MS-AR · County: Shelby County · Annual rent: $39,144

Comparable ZIP codes in Tennessee

Similar home values, sorted by yield — the cheapest way to see if 38139 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
37122Mount JulietTN$578,309$2,1144.39%22.8-0.1%
37206NashvilleTN$626,864$2,1634.14%24.2-1.3%
37203NashvilleTN$623,131$2,0974.04%24.8-3.6%
37377Signal MountainTN$649,242$2,1784.03%24.8+1.6%
37209NashvilleTN$558,517$1,8163.90%25.6-2.2%
37902KnoxvilleTN$649,992$2,0563.80%26.3+2.4%
37919KnoxvilleTN$562,222$1,5993.41%29.3+1.9%
37922KnoxvilleTN$649,945$1,7773.28%30.5+0.2%

Top rental yields in all of Tennessee →

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