FairRentWize

Nashville-Davidson-Murfreesboro Fair Market Rent 2026

HUD Fair Market Rent data for the Nashville-Davidson-Murfreesboro metropolitan area. Median household income: $74,218/year. Vacancy rate: 4.5%.

2BR FMR

$1,144/mo

Median Income

$74,218

Vacancy Rate

4.5%

Rent Burden

18.5%

Fair Market Rent by Bedroom Size

Studio$733/mo
1 Bedroom$920/mo
2 Bedroom$1,144/mo
3 Bedroom$1,439/mo
4 Bedroom$1,613/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $74,218/year can afford up to $1,855/mo in rent.

The 2BR FMR of $1,144/mo represents 18.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 4.5% in Nashville-Davidson-Murfreesboro indicates a tight rental market. Low vacancy means more competition for available units and potential upward pressure on rents.

Frequently Asked Questions

What is the average rent in Nashville-Davidson-Murfreesboro?

The 2026 HUD FMR for a 2-bedroom in the Nashville-Davidson-Murfreesboro metro area is $1,144/month. 1BR: $920, 3BR: $1,439.

What is the vacancy rate in Nashville-Davidson-Murfreesboro?

The rental vacancy rate in Nashville-Davidson-Murfreesboro is 4.5%. A rate below 5% typically indicates a tight rental market.

Is Nashville-Davidson-Murfreesboro affordable for renters?

With a median income of $74,218 and 2BR rent at $1,144/mo, rent takes about 18% of income in Nashville-Davidson-Murfreesboro.

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