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Housing market/Tennessee/ZIP 37201

ACS 2023 · FY2027 SAFMR

ZIP 37201 Nashville, Tennessee

Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area · Tennessee. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,426
Households
826
Median HH income
$88,438
Renter share
54.0%
Median gross rent
$1,944
Vacancy
45.8%
Pop. change
+3.9%
2BR SAFMR
$2,340
SAFMR / rent
1.204×
2–49 unit stock
405
LIHTC proj / units
1 / 204
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37201 · TN — sent to you.

ZIP 37201 · TN

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ACS rent vs 2BR SAFMR

ZIP 37201 — Nashville, TN HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,944
2BR SAFMR$2,340
90% floor$2,106
110% ceiling$2,574

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 37201

  • 1-unit detached1097.1%
  • 1-unit attached251.6%
  • 5–49 units40526.6%
  • 50+ units98664.7%
TypeUnitsShare
1-unit detached1097.1%
1-unit attached251.6%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units1328.7%
10–19 units25116.5%
20–49 units221.4%
50+ units98664.7%
Mobile00.0%

2–4 unit share 0.0% · 5–49 unit share 26.6% · combined 2–49 26.6%.

Units by bedrooms

Studio
123
1BR
899
2BR
409
3BR
61
4BR
33
5+
0

Rent burden

Rent ≥30% of income44.2%
Rent ≥50% of income20.0%
  • ACS median gross rent $1,944 (all bedrooms, occupied rentals).
  • Median contract rent $1,737.
  • Renters paying ≥30% of income 44.2%; ≥50% 20.0%.
  • FY2027 2BR SAFMR $2,340 (1.204× ACS median gross rent).

Population

1,426 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.9%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 204 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,876 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 37201 54.0% of occupied households are renters; vacancy is 45.8%; ACS median gross rent is $1,944; population increased +3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 405 units in 5–49-unit structures; 1 LIHTC projects totaling 204 units; FY2027 2BR SAFMR is $2,340 versus ACS median gross rent of $1,944. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Tennessee research

ZIP 37201 is a Census / HUD profile for Nashville-Davidson--Murfreesboro--Franklin, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 37201 — Nashville, TN HUD Section 8 Payment Standards / SAFMR·Tennessee ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
37010Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area5.1%$970$1,23037011Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area——$1,84037013Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area45.8%$1,450$1,92037014Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area0.0%—$2,32037015Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area21.7%$1,244$1,54037016Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area14.6%$1,105$1,35037024Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area——$1,84037027Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area17.3%$2,141$2,50037029Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area7.5%$916$1,21037031Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area7.1%$1,005$1,35037032Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area15.4%$1,075$1,24037035Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area12.2%—$1,570

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Tennessee research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 37201?

ZIP 37201 (Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area) has 1,426 residents, 826 households, a renter share of 54.0%, median household income of $88,438, and ACS 2023 median gross rent of $1,944. Vacancy is 45.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37201?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 132 in 5–9, 251 in 10–19, and 22 in 20–49. Combined 2–49 unit stock is 405 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37201?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,340. See the full schedule and 90–110% payment-standard band on the ZIP 37201 — Nashville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37201 is Census / HUD research for Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area. Jeff Crowe CRE does not list Tennessee property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.