FY2027 Small Area FMR · Portland, TN

ZIP 37148 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37148 (Portland, TN) is $1,290 a month, down 2.3% from FY2026. That is 28% below the Nashville-Davidson--Murfreesboro--Franklin, TN area-wide FMR of $1,798.

2-bedroom SAFMR$1,290per month ▼ 2.3%

Area-wide 2 BR FMR$1,798Nashville-Davidson--Murfrees

Rank in the area97thof 125 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,161

2 BR Small Area FMR$1,290

110% of SAFMR$1,419

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$1,140▼ 0.9%

1 BR$1,180▲ 0.9%

2 BR$1,290▼ 2.3%

3 BR$1,660■ 0.0%

4 BR$2,010▼ 0.5%

FY2027 FY2026

Where 37148 sits in the Nashville-Davidson--Murfreesboro--Franklin, TN area

Of the 125 ZIP codes HUD lists for the area, 37148 has the 97th highest two-bedroom Small Area FMR. Nashville-Davidson--Murfreesboro--Franklin, TN is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,161 and $1,419 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,140	$1,026 – $1,254	$1,585	$1,150
1 bedroom	$1,180	$1,062 – $1,298	$1,650	$1,170
2 bedrooms	$1,290	$1,161 – $1,419	$1,798	$1,320
3 bedrooms	$1,660	$1,494 – $1,826	$2,309	$1,660
4 bedrooms	$2,010	$1,809 – $2,211	$2,799	$2,020

A household renting a two-bedroom home at the Small Area FMR of $1,290 needs about $51,600 a year to keep housing costs at 30% of income. The area median family income is $116,100 and the 80% low-income limit for four people is $92,900. ZIP code 37148 lies mainly in Sumner County and Robertson County. See the Nashville-Davidson--Murfreesboro--Franklin, TN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
37048	Cottontown	7.6 mi	$1,190
37049	Cross Plains	9.8 mi	$1,300
37022	Bethpage	10.6 mi	$1,450
42134	Franklin	11.5 mi	$1,110
37141	Orlinda	11.9 mi	$1,420
37066	Gallatin	11.9 mi	$1,690

Questions

What is the Fair Market Rent for ZIP code 37148?

HUD's FY2027 Small Area Fair Market Rents for 37148 are $1,140 (studio), $1,180 (1 BR), $1,290 (2 BR), $1,660 (3 BR) and $2,010 (4 BR) a month.

What is the Section 8 payment standard in 37148?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37148 that range is $1,161 to $1,419 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37148?

The FY2026 income limits of the Nashville-Davidson--Murfreesboro--Franklin, TN area apply: median family income $116,100, low-income (80%) limit $92,900 for a family of four.