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RentData.org Logo Nashville-Davidson--Murfreesboro--Franklin Fair Market Rent FY 2015 Nashville-Davidson--Murfreesboro--Franklin, TN MSA Rental Data

Fair Market Rent Prices in Nashville-Davidson--Murfreesboro--Franklin, TN :
$616 $710 $850 $1,130 $1,213
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Nashville-Davidson--Murfreesboro--Franklin are high compared to the national average. This FMR area is more expensive than 87% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nashville-Davidson--Murfreesboro--Franklin is $850 per month.

The previous year, rent for a two-bedroom home was $851 per month. This is a 0.12% decrease year-over-year.

This FMR rate applies to Fosterville, TN, Slayden, TN, Ridgetop, TN, Gladeville, TN, Mitchellville, TN, Auburntown, TN, Southside, TN, Orlinda, TN, Milton, TN, Vanleer, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO34980M34980.

Additionally, This Fair Market Rent (FMR) area Nashville-Davidson--Murfreesboro--Franklin, TN MSA spans ten counties or cities in Tennessee which ares listed in the table below. Estimated population of Nashville-Davidson--Murfreesboro--Franklin, TN MSA FMR area is 1,523,830 people based on latest Census data.

Compared to the rest of Tennessee, the Nashville-Davidson--Murfreesboro--Franklin FMR area is more expensive than 98% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Nashville-Davidson--Murfreesboro--Franklin. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Nashville-Davidson--Murfreesboro--Franklin

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 654
1-BR 1-Bedroom $ 755
2-BR 2-Bedroom $ 903
3-BR 3-Bedroom $ 1200
4-BR 4-Bedroom $ 1288
Change Year:

The counties, cities, towns, and regions listed below fall into the Nashville-Davidson--Murfreesboro--Franklin, TN MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Nashville.

County / Region Est. Population
Cannon County, TN Metro 13,801
Cheatham County, TN Metro 39,105
Davidson County, TN Metro 626,681
Dickson County, TN Metro 49,666
Robertson County, TN Metro 66,283
Rutherford County, TN Metro 262,604
Sumner County, TN Metro 160,645
Trousdale County, TN Metro 7,870
Williamson County, TN Metro 183,182
Wilson County, TN Metro 113,993
Zip Codes in Nashville-Davidson--Murfreesboro--Franklin, TN MSA

There are 116 unique zip codes in this Fair Market Rent (FMR) area:

37011, 37013, 37014, 37015, 37016, 37024, 37025, 37026, 37027, 37029, 37031, 37032, 37035, 37036, 37037, 37043, 37048, 37049, 37051, 37052, 37055, 37056, 37062, 37063, 37064, 37065, 37066, 37067, 37068, 37069, 37070, 37071, 37072, 37073, 37075, 37076, 37077, 37080, 37082, 37085, 37086, 37088, 37089, 37090, 37095, 37101, 37110, 37115, 37116, 37118, 37119, 37121, 37122, 37127, 37128, 37129, 37130, 37131, 37132, 37133, 37135, 37138, 37141, 37143, 37146, 37148, 37149, 37152, 37165, 37166, 37167, 37171, 37172, 37179, 37181, 37187, 37188, 37189, 37190, 37201, 37202, 37203, 37204, 37205, 37206, 37207, 37208, 37209, 37210, 37211, 37212, 37213, 37214, 37215, 37216, 37217, 37218, 37219, 37220, 37221, 37222, 37224, 37227, 37228, 37229, 37232, 37234, 37235, 37236, 37238, 37240, 37242, 37243, 37246, 37250 and 37357

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