What is the Fair Market Rent in Nashville, TN?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home runs from $1,500 to $2,340 a month across the 8 ZIP codes that cover Nashville.

By ZIP code: 37013 $1,920, 37189 $1,600, 37201 $2,340, 37203 $2,140, 37206 $1,870, 37207 $1,500, 37208 $1,940, 37210 $1,660.

Across the whole Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area the two-bedroom figure is $1,798.

The Census Bureau’s median gross rent for a two-bedroom home in Nashville is $1,570 (±$24), below the Small Area figure for ZIP 37013.

Figures last updated on .

2 bedrooms, whole area
$1,798
2 bedrooms, ZIP 37013
$1,920
2 bedrooms, ZIP 37189
$1,600
2 bedrooms, ZIP 37201
$2,340

Fair Market Rents for Nashville, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
Studio1 bedroom2 bedrooms3 bedrooms4 bedroomsCensus median rent
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (whole area)$1,585$1,650$1,798$2,309$2,799—
ZIP 37013$1,690$1,760$1,920$2,470$2,990$1,556
ZIP 37189$1,410$1,470$1,600$2,050$2,490$1,367
ZIP 37201$2,060$2,150$2,340$3,000$3,640$1,944
ZIP 37203$1,890$1,960$2,140$2,750$3,330$2,004
ZIP 37206$1,650$1,720$1,870$2,400$2,910$1,658
ZIP 37207$1,320$1,380$1,500$1,930$2,340$1,283
ZIP 37208$1,710$1,780$1,940$2,490$3,020$1,558
ZIP 37210$1,460$1,520$1,660$2,130$2,580$1,279

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Nashville

What is the Section 8 payment standard in Nashville?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area is $1,798, and the Small Area figure for 37013 is $1,920.

What is the Fair Market Rent for a two-bedroom in ZIP 37013?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 37013 is $1,920 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,556 (±$54).

What is the Fair Market Rent for a two-bedroom in ZIP 37189?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 37189 is $1,600 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,367 (±$275).

What is the Fair Market Rent for a two-bedroom in ZIP 37201?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 37201 is $2,340 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,944 (±$153).

What is the Fair Market Rent for a one-bedroom in Nashville?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 37013 is $1,760 a month, against $1,650 across the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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