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Rent by ZIP · Davidson County

Rent in Nashville, TN 37216

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,870 (+3.3% vs FY2026). Renters in this ZIP code pay a median $1,627 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,650$1,580+4.4%$1,485–1,815$1,338 ±$138
1 bedroom$1,720$1,650+4.2%$1,548–1,892$1,338 ±$156
2 bedrooms$1,870$1,810+3.3%$1,683–2,057$1,561 ±$111
3 bedrooms$2,400$2,310+3.9%$2,160–2,640$2,534 ±$224
4 bedrooms$2,910$2,820+3.2%$2,619–3,201$1,539 ±$287

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 37216

Median gross rent$1,627±$128 · all sizes
Renter households2,71930% of occupied homes
No cash rent54households

How rents are spread

Under $1,00011%
$1,000–1,49931%
$1,500–1,99931%
$2,000–2,49913%
$2,500–2,99911%
$3,000–3,4992%
$3,500+1%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
37215Nashville$2,240$1,956
37217Nashville$1,860$1,498
37214Nashville$2,050$1,700
37218Nashville$1,720$685
37219Nashville$2,560$2,673
37212Nashville$1,890$1,904

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.