FY2026 Fair Market Rents — Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,507
1BR
$1,578
2BR
$1,730
3BR
$2,211
4BR
$2,696
Hours/week at min wage
184 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-5.3%
$97 vs FY2025 · 5-yr +44.5%
Voucher payment standard
$1,557–$1,903
PHAs set HCV payment at 90–110% of the 2BR FMR

Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area

Non-Metropolitan area · TN · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,507 $18,084
1-Bedroom $1,578 $18,936
2-Bedroom $1,730 $20,760
3-Bedroom $2,211 $26,532
4-Bedroom $2,696 $32,352

Recent 2-Bedroom FMR Trend

FY2020 $1,136 → FY2026 $1,730
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,507 $1,578 $1,730 $2,211 $2,696
FY2025 $1,589 $1,650 $1,827 $2,308 $2,840
FY2024 $1,404 $1,442 $1,619 $2,035 $2,482
FY2023 $1,218 $1,245 $1,406 $1,758 $2,173
FY2022 $1,079 $1,100 $1,253 $1,587 $1,975
FY2021 $998 $1,031 $1,197 $1,539 $1,930
FY2020 $898 $957 $1,136 $1,484 $1,822

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $116,100

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $24,400 $27,900 $31,400 $34,850 $38,680 $44,360
50% AMI (Very Low) $40,650 $46,450 $52,250 $58,050 $62,700 $67,350
80% AMI (Low) $65,050 $74,350 $83,650 $92,900 $100,350 $107,800

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$20,760/yr
FMR as % of Area Median Income
17.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$69,200/yr
$5,767/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,015 $1,161 $1,306 $1,567 $1,683
60% AMI Maximum $1,219 $1,393 $1,567 $1,880 $2,020

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,507 $1,578 $1,730 $1,886 $1,886
Low HOME Rent $1,016 $1,161 $1,306 $1,451 $1,567

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,730. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

37069 $2,600
37135 $2,600
37220 $2,470
37027 $2,440
37179 $2,440

Lowest-cost ZIPs (2BR SAFMR)

37012 $1,320
37018 $1,320
37025 $1,320
37026 $1,320
37029 $1,320
All 124 ZIP codes in this area
37010 37011 37012 37013 37014 37015 37016 37018 37020 37022 37024 37025 37026 37027 37029 37031 37032 37035 37036 37037 37043 37046 37048 37049 37051 37052 37055 37056 37057 37060 37062 37064 37065 37066 37067 37068 37069 37070 37072 37073 37074 37075 37076 37077 37080 37082 37085 37086 37087 37088 37089 37090 37095 37101 37115 37116 37118 37121 37122 37127 37128 37129 37130 37131 37132 37133 37135 37138 37141 37143 37146 37148 37149 37152 37153 37160 37165 37166 37167 37171 37172 37174 37179 37180 37181 37184 37186 37187 37188 37189 37190 37201 37202 37203 37204 37205 37206 37207 37208 37209 37210 37211 37212 37213 37214 37215 37216 37217 37218 37219 37220 37221 37222 37224 37228 37229 37232 37236 37238 37243 37246 37357 38401 38476

Compare Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area With Other TN Metros

vs. Campbell County, TN HUD Metro FMR Area vs. Cleveland, TN MSA vs. Crockett County, TN HUD Metro FMR Area vs. Gibson County, TN HUD Metro FMR Area vs. Grainger County, TN HUD Metro FMR Area

Counties in This FMR Area

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