Housing market/Tennessee/ZIP 37027

ACS 2023 · FY2027 SAFMR

ZIP 37027 Brentwood, 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
61,961
Households
22,663
Median HH income
$156,002
Renter share
17.3%
Median gross rent
$2,141
Vacancy
4.6%
Pop. change
+12.4%
2BR SAFMR
$2,500
SAFMR / rent
1.168×
2–49 unit stock
1,829
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37027 · TN — sent to you.

ZIP 37027 · TN

ACS median rent$2,141
2BR SAFMR$2,500
90% floor$2,250
110% ceiling$2,750

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37027

  • 1-unit detached18,70778.8%
  • 1-unit attached1,5986.7%
  • 2–4 units8043.4%
  • 5–49 units1,0254.3%
  • 50+ units1,4526.1%
  • Mobile1500.6%
TypeUnitsShare
1-unit detached18,70778.8%
1-unit attached1,5986.7%
2 units (duplex)1990.8%
3–4 units6052.5%
5–9 units5482.3%
10–19 units2190.9%
20–49 units2581.1%
50+ units1,4526.1%
Mobile1500.6%

2–4 unit share 3.4% · 5–49 unit share 4.3% · combined 2–49 7.7%.

Units by bedrooms

Studio
267
1BR
836
2BR
2,358
3BR
4,911
4BR
10,436
5+
4,937

Rent burden

Rent ≥30% of income46.8%
Rent ≥50% of income17.6%
  • ACS median gross rent $2,141 (all bedrooms, occupied rentals).
  • Median contract rent $1,905.
  • Renters paying ≥30% of income 46.8%; ≥50% 17.6%.
  • FY2027 2BR SAFMR $2,500 (1.168× ACS median gross rent).

Population

61,961 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.4%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 954 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 37027 17.3% of occupied households are renters; vacancy is 4.6%; ACS median gross rent is $2,141; population increased +12.4% between the 2018 and 2023 ACS vintages; the housing stock includes 804 units in 2–4-unit structures and 1,025 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,500 versus ACS median gross rent of $2,141. 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 37027 is a Census / HUD profile for Nashville-Davidson--Murfreesboro--Franklin, TN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 37027?

ZIP 37027 (Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area) has 61,961 residents, 22,663 households, a renter share of 17.3%, median household income of $156,002, and ACS 2023 median gross rent of $2,141. Vacancy is 4.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37027?

ACS counts 199 units in 2-unit buildings, 605 in 3–4 unit buildings, 548 in 5–9, 219 in 10–19, and 258 in 20–49. Combined 2–49 unit stock is 1,829 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37027?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,500. See the full schedule and 90–110% payment-standard band on the ZIP 37027 — Brentwood, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37027 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.