Rent by ZIP ·
Rent in Madison, TN 37116
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,840 (+4% vs FY2026).
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,620 | $1,540 | +5.2% | $1,458–1,782 | – |
| 1 bedroom | $1,690 | $1,610 | +5% | $1,521–1,859 | – |
| 2 bedrooms | $1,840 | $1,770 | +4% | $1,656–2,024 | – |
| 3 bedrooms | $2,360 | $2,260 | +4.4% | $2,124–2,596 | – |
| 4 bedrooms | $2,860 | $2,760 | +3.6% | $2,574–3,146 | – |
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.
The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 37115 | Madison | $1,670 | $1,338 |
| 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 |
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.