37014
ZIPSAFMR
Rutherford County, TN
BRFMR
Eff. Rent
0 BR$1,960$2,160
1 BR$2,060$2,270
2 BR$2,250$2,480
3 BR$2,880$3,090
4 BR$3,510$3,850
5 BR$4,036
6 BR$4,642
7 BR$5,338
8 BR$6,139

Purchase Price Calculator

Maximum purchase price
$306,610

Cost breakdown

+Likely effective rent$2,480
HUD FMR$2,250
Market rent$2,870
Est. payment standard (110%)Used$2,480
Estimated payment standard is $2,480 (110% of FMR).
-Principal and interest-$1,550
Loan amount$245,288
Down payment$61,322
Rate6.50%
Term30 years
-Operating costs-$730
Property taxes-$307
Insurance-$175
Utilities$0
HOA$0
Management-$248
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$39,564(64.5% ROI)
Projected value
$330,186
Current value$306,610
Return breakdown
Property appreciation+$23,575
Loan principal paid down+$8,788
Rental cash flow+$7,200
5-year hold
+$67,963(110.8% ROI)
Projected value
$346,902
Current value$306,610
Return breakdown
Property appreciation+$40,291
Loan principal paid down+$15,672
Rental cash flow+$12,000
10-year hold
+$147,219(240.1% ROI)
Projected value
$392,487
Current value$306,610
Return breakdown
Property appreciation+$85,877
Loan principal paid down+$37,342
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.66ratio
FMR$1,960
Market$2,980
vs market-$1,020

FMR is below market; voucher rent may lag private rents.

90% standard$1,764 / 0.59 ratio110% standard$2,156 / 0.72 ratio
0.66
1 BR
1 BR
0.70ratio
FMR$2,060
Market$2,930
vs market-$870

FMR is below market; voucher rent may lag private rents.

90% standard$1,854 / 0.63 ratio110% standard$2,266 / 0.77 ratio
0.70
2 BR
2 BR
0.78ratio
FMR$2,250
Market$2,870
vs market-$620

FMR is below market; voucher rent may lag private rents.

90% standard$2,025 / 0.71 ratio110% standard$2,475 / 0.86 ratio
0.78
3 BR
3 BR
0.90ratio
FMR$2,880
Market$3,200
vs market-$320

FMR is near market; voucher and private rents are aligned.

90% standard$2,592 / 0.81 ratio110% standard$3,168 / 0.99 ratio
0.90
4 BR
4 BR
0.87ratio
FMR$3,510
Market$4,040
vs market-$530

FMR is below market; voucher rent may lag private rents.

90% standard$3,159 / 0.78 ratio110% standard$3,861 / 0.96 ratio
0.87
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 37014 (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

37014 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37014 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,250 and the 4 bedroom fair market rent is $3,510.

Use this page for searches like 37014 FMR, 37014 fair market rent, and 37014 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 37014
Bedroom sizeHUD FMR
Studio$1,960
1 bedroom$2,060
2 bedroom$2,250
3 bedroom$2,880
4 bedroom$3,510