Tennessee · FIPS 47037 · HUD FY 2027
Davidson County, Tennessee Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Davidson County is $1,798 a month (rent plus utilities), 30% above the Tennessee average of $1,381 and 2% above the U.S. average of $1,761. That is up $68 (3.9%) from FY 2026. At 30% of income, a household needs about $71,920 a year to afford it.
- $1,7982-bedroom FMR+$68 (+3.9%) vs FY 2026
- $1,6501-bedroom FMRTennessee: $1,196 · U.S.: $1,478
- $71,920Income for a 2-bedroom$35/hour full-time
- 1 of 952BR rank in Tennessee1 = highest rent
| Unit | Davidson County FY 2027 | FY 2026 | Change | Tennessee avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $1,585 | $1,507 | +$78 (+5.2%) | $1,141 | $1,379 | $63,400 |
| 1 bedroom | $1,650 | $1,578 | +$72 (+4.6%) | $1,196 | $1,478 | $66,000 |
| 2 bedrooms | $1,798 | $1,730 | +$68 (+3.9%) | $1,381 | $1,761 | $71,920 |
| 3 bedrooms | $2,309 | $2,211 | +$98 (+4.4%) | $1,771 | $2,266 | $92,360 |
| 4 bedrooms | $2,799 | $2,696 | +$103 (+3.8%) | $2,054 | $2,607 | $111,960 |
How Davidson County compares
- HUD sets this rent for the Nashville-Davidson--Murfreesboro--Franklin, TN metro FMR area, which covers 1,899,740 residents in 10 counties.
- Across Tennessee, 2-bedroom FMRs run from $995 (Weakley County) to $1,798 (Cannon County).
- Studio to 4-bedroom: $1,585, $1,650, $1,798, $2,309, $2,799. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 30 ZIP codes mostly in Davidson County (by land area), the 2-bedroom figure ranges from $1,210 to $2,560.
Small Area FMRs by ZIP code in Davidson County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 37013 | $1,690 | $1,760 | $1,920 | $2,470 | $2,990 | +$50 (+2.7%) | 7% above |
| 37072 | $1,460 | $1,520 | $1,660 | $2,130 | $2,580 | +$30 (+1.8%) | 8% below |
| 37076 | $1,620 | $1,690 | $1,840 | $2,360 | $2,860 | +$60 (+3.4%) | 2% above |
| 37080 | $1,070 | $1,110 | $1,210 | $1,550 | $1,880 | −$110 (−8.3%) | 33% below |
| 37115 | $1,470 | $1,530 | $1,670 | $2,140 | $2,600 | +$50 (+3.1%) | 7% below |
| 37138 | $1,630 | $1,700 | $1,850 | $2,380 | $2,880 | +$120 (+6.9%) | 3% above |
| 37189 | $1,410 | $1,470 | $1,600 | $2,050 | $2,490 | +$120 (+8.1%) | 11% below |
| 37201 | $2,060 | $2,150 | $2,340 | $3,000 | $3,640 | −$20 (−0.8%) | 30% above |
| 37203 | $1,890 | $1,960 | $2,140 | $2,750 | $3,330 | +$150 (+7.5%) | 19% above |
| 37204 | $2,030 | $2,110 | $2,300 | $2,950 | $3,580 | +$20 (+0.9%) | 28% above |
| 37205 | $1,990 | $2,070 | $2,260 | $2,900 | $3,520 | +$30 (+1.3%) | 26% above |
| 37206 | $1,650 | $1,720 | $1,870 | $2,400 | $2,910 | +$30 (+1.6%) | 4% above |
| 37207 | $1,320 | $1,380 | $1,500 | $1,930 | $2,340 | +$50 (+3.4%) | 17% below |
| 37208 | $1,710 | $1,780 | $1,940 | $2,490 | $3,020 | +$60 (+3.2%) | 8% above |
| 37209 | $1,790 | $1,860 | $2,030 | $2,610 | $3,160 | +$80 (+4.1%) | 13% above |
| 37210 | $1,460 | $1,520 | $1,660 | $2,130 | $2,580 | +$80 (+5.1%) | 8% below |
| 37211 | $1,640 | $1,710 | $1,860 | $2,390 | $2,900 | +$80 (+4.5%) | 3% above |
| 37212 | $1,670 | $1,730 | $1,890 | $2,430 | $2,940 | +$70 (+3.8%) | 5% above |
| 37213 | $1,640 | $1,710 | $1,870 | $2,390 | $2,900 | +$40 (+2.2%) | 4% above |
| 37214 | $1,810 | $1,880 | $2,050 | $2,630 | $3,190 | +$50 (+2.5%) | 14% above |
| 37215 | $1,980 | $2,060 | $2,240 | $2,880 | $3,490 | +$40 (+1.8%) | 25% above |
| 37216 | $1,650 | $1,720 | $1,870 | $2,400 | $2,910 | +$60 (+3.3%) | 4% above |
| 37217 | $1,640 | $1,710 | $1,860 | $2,390 | $2,900 | +$80 (+4.5%) | 3% above |
| 37218 | $1,520 | $1,580 | $1,720 | $2,210 | $2,680 | +$140 (+8.9%) | 4% below |
| 37219 | $2,260 | $2,350 | $2,560 | $3,290 | $3,990 | +$120 (+4.9%) | 42% above |
| 37220 | $1,940 | $2,010 | $2,230 | $2,810 | $3,460 | −$240 (−9.7%) | 24% above |
| 37221 | $1,880 | $1,960 | $2,130 | $2,740 | $3,320 | −$70 (−3.2%) | 18% above |
| 37228 | $1,550 | $1,620 | $1,760 | $2,260 | $2,740 | +$30 (+1.7%) | 2% below |
| 37232 | $1,620 | $1,690 | $1,840 | $2,360 | $2,860 | +$70 (+4.0%) | 2% above |
| 37238 | $1,620 | $1,690 | $1,840 | $2,360 | $2,860 | +$70 (+4.0%) | 2% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.