Rental numbers for Davidson County, TN
The typical home here runs -$1,441 a month at 7.78% with 25% down. 0 of 23 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%.
- Gross yield
- 5.1%
- typical home, Zillow
- Median ZIP yield
- 5.0%
- 23 ZIPs with full data
- Cash flow
- -$1,441/mo
- at 7.78%, 25% down
- Typical price
- $428,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,834/mo
- Zillow ZORI, Aug 2026
ZIP codes in Davidson County
26 with published figures
| 37218Nashville | $359,000 | $2,369 | 7.9% | 4.8% | -$493 | +7.7% |
| 37138Nashville | $387,000 | $2,122 | 6.6% | 3.8% | -$877 | +5.5% |
| 37210Nashville | $368,000 | $1,946 | 6.3% | 3.5% | -$920 | +1.1% |
| 37207Nashville | $372,000 | $1,957 | 6.3% | 3.5% | -$930 | +1.3% |
| 37219Nashville | $448,000 | $2,215 | 5.9% | 3.1% | -$1,253 | -0.4% |
| 37208Nashville | $451,000 | $2,164 | 5.8% | 3.0% | -$1,294 | +0.5% |
| 37115Nashville | $325,000 | $1,494 | 5.5% | 2.6% | -$1,032 | -0.7% |
| 37013Nashville | $355,000 | $1,577 | 5.3% | 2.5% | -$1,162 | +1.0% |
| 37214Nashville | $363,000 | $1,606 | 5.3% | 2.5% | -$1,194 | -0.0% |
| 37072Goodlettsville | $405,000 | $1,788 | 5.3% | 2.6% | -$1,313 | +0.0% |
| 37216Nashville | $497,000 | $2,101 | 5.1% | 2.4% | -$1,676 | +1.3% |
| 37201Nashville | $492,000 | $2,037 | 5.0% | 2.3% | -$1,701 | +7.6% |
| 37217Nashville | $320,000 | $1,314 | 4.9% | 2.1% | -$1,154 | -1.1% |
| 37211Nashville | $392,000 | $1,455 | 4.5% | 1.8% | -$1,525 | +0.3% |
| 37076Nashville | $401,000 | $1,477 | 4.4% | 1.8% | -$1,542 | -0.9% |
| 37189Nashville | $401,000 | $1,480* | 4.4% | 1.7% | -$1,580 | n/a |
| 37203Nashville | $613,000 | $2,162 | 4.2% | 1.6% | -$2,477 | -2.3% |
| 37206Nashville | $614,000 | $2,146 | 4.2% | 1.8% | -$2,404 | +2.5% |
| 37209Nashville | $547,000 | $1,832 | 4.0% | 1.6% | -$2,218 | +0.0% |
| 37080Nashville | $408,000 | $1,320* | 3.9% | 1.4% | -$1,723 | n/a |
| 37221Nashville | $501,000 | $1,623 | 3.9% | 1.4% | -$2,098 | -0.1% |
| 37212Nashville | $751,000 | $2,127 | 3.4% | 1.0% | -$3,418 | +1.5% |
| 37220Nashville | $919,000 | $2,470* | 3.2% | 1.0% | -$4,180 | n/a |
| 37205Nashville | $1,082,000 | $2,218 | 2.5% | 0.3% | -$5,524 | +1.4% |
| 37215Nashville | $1,204,000 | $2,401 | 2.4% | 0.3% | -$6,180 | +4.3% |
| 37204Nashville | $996,000 | $1,867 | 2.3% | 0.2% | -$5,233 | +0.2% |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- -2.7%
- Rent, 12 months
- +0.3%
- Rent minus price growth
- +3.0 pts
- Property tax
- 0.60%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $366,003 | $1,632 |
| Aug 2022 | $455,536 | $1,829 |
| Aug 2023 | $441,922 | $1,818 |
| Aug 2024 | $446,470 | $1,826 |
| Aug 2025 | $440,350 | $1,829 |
| Aug 2026 | $428,280 | $1,834 |
HUD Fair Market Rent
FY2027, Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,585 | $1,650 | $1,798 | $2,309 | $2,799 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 15.3
- 4,982 units, last 12 months
- National percentile
- 84th
- among US counties
Tools
Test a listing in Davidson County against today's rate.
Open the calculatorPart of the Nashville, TN metro.
Questions
- Is Davidson County good for rental property?
- The typical home here runs -$1,441 a month at 7.78% with 25% down. 0 of 23 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.0%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Davidson County?
- About 0.60% of value, from Census ACS median taxes paid over median home value. On a $428,000 home that is about $2,570 a year.
- What is Fair Market Rent in Davidson County?
- HUD's FY2027 Fair Market Rent here is $1,650 for a 1-bedroom, $1,798 for a 2-bedroom and $2,309 for a 3-bedroom. Typical cash flow at today's rate is -$1,441 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.