Housing market/Tennessee/ZIP 37212

ACS 2023 · FY2027 SAFMR

ZIP 37212 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
20,046
Households
6,811
Median HH income
$86,461
Renter share
58.2%
Median gross rent
$1,565
Vacancy
18.0%
Pop. change
-4.7%
2BR SAFMR
$1,890
SAFMR / rent
1.208×
2–49 unit stock
2,665
LIHTC proj / units
—
HUD assisted MF
1 / 53

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 37212 · TN — sent to you.

ZIP 37212 · TN

ACS median rent$1,565
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 37212

  • 1-unit detached3,00936.2%
  • 1-unit attached7519.0%
  • 2–4 units94211.3%
  • 5–49 units1,72320.7%
  • 50+ units1,88122.6%
TypeUnitsShare
1-unit detached3,00936.2%
1-unit attached7519.0%
2 units (duplex)6788.2%
3–4 units2643.2%
5–9 units5186.2%
10–19 units6638.0%
20–49 units5426.5%
50+ units1,88122.6%
Mobile00.0%

2–4 unit share 11.3% · 5–49 unit share 20.7% · combined 2–49 32.1%.

Units by bedrooms

Studio
268
1BR
2,540
2BR
2,428
3BR
1,748
4BR
1,127
5+
195

Rent burden

Rent ≥30% of income45.9%
Rent ≥50% of income27.3%
  • ACS median gross rent $1,565 (all bedrooms, occupied rentals).
  • Median contract rent $1,408.
  • Renters paying ≥30% of income 45.9%; ≥50% 27.3%.
  • FY2027 2BR SAFMR $1,890 (1.208× ACS median gross rent).

Population

20,046 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.7%.

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: 1 properties, 53 assisted units.
  • 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 37212 58.2% of occupied households are renters; vacancy is 18.0%; ACS median gross rent is $1,565; population changed -4.7% between the 2018 and 2023 ACS vintages; the housing stock includes 942 units in 2–4-unit structures and 1,723 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,890 versus ACS median gross rent of $1,565. 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 37212 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 37212?

ZIP 37212 (Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area) has 20,046 residents, 6,811 households, a renter share of 58.2%, median household income of $86,461, and ACS 2023 median gross rent of $1,565. Vacancy is 18.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 37212?

ACS counts 678 units in 2-unit buildings, 264 in 3–4 unit buildings, 518 in 5–9, 663 in 10–19, and 542 in 20–49. Combined 2–49 unit stock is 2,665 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 37212?

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 37212 — Nashville, TN HUD Section 8 Payment Standards / SAFMR.

Does this Tennessee ZIP profile include Georgia listings?

No. ZIP 37212 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.