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RentData.org Logo Nashville-Davidson--Murfreesboro--Franklin Fair Market Rent FY 2010 Nashville-Davidson--Murfreesboro--Franklin, TN MSA Rental Data

Fair Market Rent Prices in Nashville-Davidson--Murfreesboro--Franklin, TN :
$615 $702 $807 $1,047 $1,077
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 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Nashville-Davidson--Murfreesboro--Franklin is $807 per month.

The previous year, rent for a two-bedroom home was $761 per month. This is a 6.04% increase year-over-year.

This FMR rate applies to Auburntown, TN, Milton, TN, Liberty, TN, Bradyville, TN, Readyville, TN, Morrison, TN, Christiana, TN, Woodbury, TN, Smithville, TN, Mcminnville, 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 one county or city in Tennessee which is listed in the table below. Estimated population of Nashville-Davidson--Murfreesboro--Franklin, TN MSA FMR area is 12,826 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 $ 681
1-BR 1-Bedroom $ 760
2-BR 2-Bedroom $ 875
3-BR 3-Bedroom $ 1155
4-BR 4-Bedroom $ 1237
Change Year:

There is just one county (listed below) within the Nashville-Davidson--Murfreesboro--Franklin, TN MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Nashville.

County / Region Est. Population
Nashville-Davidson--Murfreesboro--Franklin, TN Metro 12,826
Zip Codes in Nashville-Davidson--Murfreesboro--Franklin, TN MSA

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

37016, 37026, 37037, 37095, 37110, 37118, 37149, 37166, 37190 and 37357

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