Rent by ZIP · Davidson County
Rent in Madison, TN 37115
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,670 (+3.1% vs FY2026). Renters in this ZIP code pay a median $1,320 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,470 | $1,410 | +4.3% | $1,323–1,617 | $1,187 ±$101 |
| 1 bedroom | $1,530 | $1,480 | +3.4% | $1,377–1,683 | $1,128 ±$125 |
| 2 bedrooms | $1,670 | $1,620 | +3.1% | $1,503–1,837 | $1,338 ±$48 |
| 3 bedrooms | $2,140 | $2,070 | +3.4% | $1,926–2,354 | $1,710 ±$188 |
| 4 bedrooms | $2,600 | $2,520 | +3.2% | $2,340–2,860 | $1,992 ±$575 |
Small Area FMRs for the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area, 2 bedrooms: $1,798.
What renters pay in 37115
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 37118 | Milton | $1,260 | – |
| 37110 | Mcminnville | $1,050 | $860 |
| 37122 | Mount Juliet | $2,280 | $2,017 |
| 37127 | Murfreesboro | $1,610 | $1,087 |
| 37128 | Murfreesboro | $1,870 | $1,612 |
| 37101 | Mc Ewen | $1,190 | $815 |
Fair Market Rents across Davidson County, TN · All TN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.