Rent by ZIP · Davidson County
Rent in Nashville, TN 37203
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,140 (+7.5% vs FY2026). Renters in this ZIP code pay a median $2,004 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,890 | $1,730 | +9.2% | $1,701–2,079 | $1,748 ±$163 |
| 1 bedroom | $1,960 | $1,820 | +7.7% | $1,764–2,156 | $2,051 ±$57 |
| 2 bedrooms | $2,140 | $1,990 | +7.5% | $1,926–2,354 | $2,094 ±$317 |
| 3 bedrooms | $2,750 | $2,540 | +8.3% | $2,475–3,025 | $1,898 ±$421 |
| 4 bedrooms | $3,330 | $3,100 | +7.4% | $2,997–3,663 | – |
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 37203
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 |
|---|---|---|---|
| 37204 | Nashville | $2,300 | $1,695 |
| 37201 | Nashville | $2,340 | $2,244 |
| 37205 | Nashville | $2,260 | $1,920 |
| 37206 | Nashville | $1,870 | $1,560 |
| 37207 | Nashville | $1,500 | $1,245 |
| 37208 | Nashville | $1,940 | $1,370 |
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.