Nashville-Davidson--Murfreesboro--Franklin, TN · Tennessee
Cheatham County
ZIP 37015
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 37015
Median home value
$341,730
Gross yield
5.1%
Cap rate
5.9%
Rent gap
-15.2%
Affordability
P/I: 4.2R/I: 24.6%
Section 8 detail
SAFMR: $1,460Rent: $1,274Gap: 14.6%
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 37015 | $341,730 | $1,460 | 5.1% | 5.9% | -15.2% |
| 37035 | $393,040 | $1,640 | 5.0% | 3.9% | 22.3% |
| 37143 | $438,891 | $1,490 | 4.1% | 3.5% | 14.5% |
| 37082 | $464,915 | $1,510 | 3.9% | 3.3% | 15.6% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
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
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