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

Williamson County

ZIP 37179

254,609 residents1,590 permits TTM$131,202 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$673,700

ACS 5-Year

Cap rate proxy

3.1%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.3%

HUD FMR ÷ ACS HHI

Net migration

+2.63%

IRS SOI

Permits (TTM)

1,590

Census BPS

Climate risk

85.1

FEMA NRI (0–100)

ZIP 37179

Median home value

$721,812

Gross yield

4.1%

Cap rate

3.3%

Rent gap

19.8%

Affordability

P/I: 5.5R/I: 17.9%

Section 8 detail

SAFMR: $2,440Rent: $1,895Gap: 28.8%
ZIP code breakdown10 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
37062$548,780$1,6903.7%5.6%-50.8%
37179$721,812$2,4404.1%3.3%19.8%
38476$586,646$1,3902.8%3.9%-36.3%
37135$805,051$2,6003.9%2.8%27.1%
37014$1,243,028$2,2502.2%1.8%15.8%

Ranked by composite score

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Demographics

Owner-occupied

79.8%

Census ACS

Vacancy rate

3.9%

Census ACS

Bachelor's degree +

61.8%

Census ACS

Rent burdened

44.5%

Census ACS (>30% income)

Median age

40.3

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