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TN/Cheatham County/Ashland City

Ashland City, TN

CitySAFMR
Cheatham County
Found 1 ZIP

City Median Investment Score

78Below average

095130300
BRFMR
Eff. Rent
0 BR$1,350$1,400
1 BR$1,410$1,310
2 BR$1,540$1,610
3 BR$1,980$1,920
4 BR$2,400$2,080
5 BR$2,760Not available
6 BR$3,174Not available
7 BR$3,650Not available
8 BR$4,198Not available

Purchase Price Calculator

Maximum purchase price
$177,329

Cost breakdown

+Likely effective rent$1,610
HUD FMR$1,540
Market rent$1,640
Est. payment standard (104%)Used$1,610
-Principal and interest-$897
Loan amount$141,863
Down payment$35,466
Rate6.50%
Term30 years
-Operating costs-$513
Property taxes-$177
Insurance-$175
Utilities$0
HOA$0
Management-$161
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,918(73.1% ROI)
Projected value
$190,964
Return breakdown
Property appreciation+$13,635
Loan principal paid down+$5,083
Rental cash flow+$7,200
5-year hold
+$44,366(125.1% ROI)
Projected value
$200,631
Return breakdown
Property appreciation+$23,302
Loan principal paid down+$9,064
Rental cash flow+$12,000
10-year hold
+$95,264(268.6% ROI)
Projected value
$226,996
Return breakdown
Property appreciation+$49,667
Loan principal paid down+$21,597
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.95
1 BR
1.08
2 BR
0.94
3 BR
1.03
4 BR
1.15
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Ashland City, TN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Ashland City, TN is $1,540 a month. That is up 5.5% from $1,460 in FY 2026. Ashland City is in the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Tennessee is $1,048, so Ashland City is 47% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Ashland City, TN
BedroomsFY 2027Change90–110% range
Studio$1,350+6.3%$1,215–$1,485
1BR$1,410+6.0%$1,269–$1,551
2BR$1,540+5.5%$1,386–$1,694
3BR$1,980+5.9%$1,782–$2,178
4BR$2,400+5.3%$2,160–$2,640

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Ashland City, TN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,350$1,410$1,540$1,980$2,400
FY 2026$1,270$1,330$1,460$1,870$2,280
FY 2025$1,330$1,390$1,540$1,940$2,390
FY 2024$1,170$1,200$1,350$1,700$2,070
FY 2023$1,040$1,060$1,200$1,500$1,850

Questions about Ashland City, TN rents

How much will Section 8 pay for a two-bedroom in Ashland City, TN?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,540, that basic range is $1,386 to $1,694 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Ashland City, TN in?

Ashland City, TN is in the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Ashland City, TN for FY 2027?

The two-bedroom FMR rose 5.5%, from $1,460 in FY 2026 to $1,540 in FY 2027. Since FY 2023 it has risen 28.3%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set