Housing market/Tennessee/ZIP 37075

ACS 2023 · FY2027 SAFMR

ZIP 37075 Hendersonville, 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
72,541
Households
28,028
Median HH income
$97,597
Renter share
26.8%
Median gross rent
$1,552
Vacancy
5.3%
Pop. change
+11.4%
2BR SAFMR
$1,890
SAFMR / rent
1.218×
2–49 unit stock
4,485
LIHTC proj / units
6 / 450
HUD assisted MF
3 / 215

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37075 · TN — sent to you.

ZIP 37075 · TN

ACS median rent$1,552
2BR SAFMR$1,890
90% floor$1,701
110% ceiling$2,079

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

Housing stock

ACS 2023 units-in-structure · ZCTA 37075

  • 1-unit detached22,23875.1%
  • 1-unit attached9343.2%
  • 2–4 units7562.6%
  • 5–49 units3,72912.6%
  • 50+ units1,4484.9%
  • Mobile4951.7%
TypeUnitsShare
1-unit detached22,23875.1%
1-unit attached9343.2%
2 units (duplex)1520.5%
3–4 units6042.0%
5–9 units1,0693.6%
10–19 units1,4044.7%
20–49 units1,2564.2%
50+ units1,4484.9%
Mobile4951.7%

2–4 unit share 2.6% · 5–49 unit share 12.6% · combined 2–49 15.2%.

Units by bedrooms

Studio
681
1BR
2,205
2BR
4,322
3BR
12,835
4BR
8,129
5+
1,428

Rent burden

Rent ≥30% of income40.9%
Rent ≥50% of income15.8%
  • ACS median gross rent $1,552 (all bedrooms, occupied rentals).
  • Median contract rent $1,344.
  • Renters paying ≥30% of income 40.9%; ≥50% 15.8%.
  • FY2027 2BR SAFMR $1,890 (1.218× ACS median gross rent).

Population

72,541 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +11.4%.

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

Assisted inventory

  • LIHTC: 6 projects, 450 units.
  • HUD project-based assisted MF: 3 properties, 215 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,424 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 37075 26.8% of occupied households are renters; vacancy is 5.3%; ACS median gross rent is $1,552; population increased +11.4% between the 2018 and 2023 ACS vintages; the housing stock includes 756 units in 2–4-unit structures and 3,729 units in 5–49-unit structures; 6 LIHTC projects totaling 450 units; FY2027 2BR SAFMR is $1,890 versus ACS median gross rent of $1,552. 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 37075 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 37075?

ZIP 37075 (Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area) has 72,541 residents, 28,028 households, a renter share of 26.8%, median household income of $97,597, and ACS 2023 median gross rent of $1,552. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37075?

ACS counts 152 units in 2-unit buildings, 604 in 3–4 unit buildings, 1,069 in 5–9, 1,404 in 10–19, and 1,256 in 20–49. Combined 2–49 unit stock is 4,485 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37075?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,890. See the full schedule and 90–110% payment-standard band on the ZIP 37075 — Hendersonville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37075 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.