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Nashville Tn, TN Market Trends

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Federal Housing Benchmarks — Tennessee (2024)

HUD FMR Studio
$906
HUD FMR 1BR
$948
HUD FMR 2BR
$1,160
HUD FMR 3BR
$1,511
HUD FMR 4BR
$1,721
HUD FMR 5BR+
$1,979

Census median gross rent: $1,284. Census median home value: $332,600. Housing vacancy rate: 9.7%.

Source: HUD FMR FY2026 + Census ACS 2024 + HUD CHAS. HUD Fair Market Rents are payment standards, not asking rents; 5BR+ estimated as 4BR +15%.

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