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Rent by ZIP · Davidson County

Rent in Nashville, TN 37218

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,720 (+8.9% vs FY2026). Renters in this ZIP code pay a median $1,381 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,520$1,380+10.1%$1,368–1,672–
1 bedroom$1,580$1,440+9.7%$1,422–1,738$317 ±$304
2 bedrooms$1,720$1,580+8.9%$1,548–1,892$685 ±$464
3 bedrooms$2,210$2,020+9.4%$1,989–2,431$1,734 ±$125
4 bedrooms$2,680$2,460+8.9%$2,412–2,948$1,902 ±$502

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 37218

Median gross rent$1,381±$312 · all sizes
Renter households2,17035% of occupied homes
No cash rent270households

How rents are spread

Under $1,00036%
$1,000–1,49919%
$1,500–1,99932%
$2,000–2,49911%
$2,500–2,9992%
$3,000–3,4990%
$3,500+0%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
37217Nashville$1,860$1,498
37219Nashville$2,560$2,673
37216Nashville$1,870$1,561
37220Nashville$2,230–
37215Nashville$2,240$1,956
37221Nashville$2,130$1,771

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.