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

Rutherford County

ZIP 37037

351,591 residents3,166 permits TTM$82,588 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$346,400

ACS 5-Year

Cap rate proxy

6.0%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.4%

HUD FMR ÷ ACS HHI

Net migration

+2.52%

IRS SOI

Permits (TTM)

3,166

Census BPS

Climate risk

91.7

FEMA NRI (0–100)

ZIP 37037

Median home value

$346,400

Gross yield

7.6%

Buy Box score

0.9

Section 8 gap

55.2%

Affordability

P/I: 4.9R/I:

Section 8 detail

SAFMR: $2,180Rent: $1,405Gap: 55.2%
ZIP code breakdown13 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
37086$346,400$1,9906.9%0.941.6%
37037$346,400$2,1807.6%0.955.2%
37153$346,400$1,9206.7%0.636.7%
37129$346,400$1,8006.2%0.428.1%
37167$346,400$1,6405.7%0.416.7%
37128$346,400$1,8006.2%0.428.1%
37130$346,400$1,4705.1%0.44.6%
37149$346,400$1,3204.6%0.3-6.0%
37127$346,400$1,5605.4%0.311.0%
37060$346,400$1,6005.5%0.313.9%
37085$346,400$1,5205.3%0.38.2%
37118$346,400$1,3204.6%0.1-6.0%
37132$346,400$1,4705.1%4.6%

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

65.0%

Census ACS

Vacancy rate

7.0%

Census ACS

Bachelor's degree +

34.4%

Census ACS

Rent burdened

48.0%

Census ACS (>30% income)

Median age

34.0

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