Nashville-Davidson--Murfreesboro--Franklin, TN · Tennessee

Cheatham County

41,500 residents273 permits TTM$82,015 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$291,400

ACS 5-Year

Cap rate proxy

7.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

18.6%

HUD FMR ÷ ACS HHI

Net migration

+2.74%

IRS SOI

Permits (TTM)

273

Census BPS

Climate risk

46.3

FEMA NRI (0–100)

ZIP code breakdown4 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
37035$291,400$1,6406.8%0.628.7%
37015$291,400$1,4606.0%0.514.6%
37143$291,400$1,4906.1%0.417.0%
37082$291,400$1,5106.2%0.418.5%

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Demographics

Owner-occupied

81.9%

Census ACS

Vacancy rate

7.4%

Census ACS

Bachelor's degree +

25.1%

Census ACS

Rent burdened

34.9%

Census ACS (>30% income)

Median age

41.4

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026