FY2027 Small Area FMR · Nashville, TN

ZIP 37217 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37217 (Nashville, TN) is $1,860 a month, up 4.5% from FY2026. That is 3% above the Nashville-Davidson--Murfreesboro--Franklin, TN area-wide FMR of $1,798.

2-bedroom SAFMR$1,860per month ▲ 4.5%

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

Rank in the area34thof 125 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,674

2 BR Small Area FMR$1,860

110% of SAFMR$2,046

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

Studio$1,640▲ 5.8%

1 BR$1,710▲ 5.6%

2 BR$1,860▲ 4.5%

3 BR$2,390▲ 4.8%

4 BR$2,900▲ 4.7%

FY2027 FY2026

Where 37217 sits in the Nashville-Davidson--Murfreesboro--Franklin, TN area

Of the 125 ZIP codes HUD lists for the area, 37217 has the 34th 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 $1,674 and $2,046 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,640	$1,476 – $1,804	$1,585	$1,550
1 bedroom	$1,710	$1,539 – $1,881	$1,650	$1,620
2 bedrooms	$1,860	$1,674 – $2,046	$1,798	$1,780
3 bedrooms	$2,390	$2,151 – $2,629	$2,309	$2,280
4 bedrooms	$2,900	$2,610 – $3,190	$2,799	$2,770

A household renting a two-bedroom home at the Small Area FMR of $1,860 needs about $74,400 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 37217 lies mainly in Davidson 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
37214	Nashville	3.8 mi	$2,050
37013	Antioch	4.2 mi	$1,920
37211	Nashville	4.7 mi	$1,860
37210	Nashville	5.1 mi	$1,660
37076	Hermitage	5.1 mi	$1,840
37206	Nashville	6.4 mi	$1,870

Questions

What is the Fair Market Rent for ZIP code 37217?

HUD's FY2027 Small Area Fair Market Rents for 37217 are $1,640 (studio), $1,710 (1 BR), $1,860 (2 BR), $2,390 (3 BR) and $2,900 (4 BR) a month.

What is the Section 8 payment standard in 37217?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37217 that range is $1,674 to $2,046 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37217?

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.