Monthly rent tops $1,300 a month for a typical two-bedroom home in Rutherford County, the latest figures from the Federal Department of Housing and Urban Development indicate.
The county’s most expensive rental homes lie in the 37086 ZIP code, along Rutherford’s border with Metro Nashville/ Davidson County. The cheapest ones can be found on the other side of the county, in the ZIP codes that border Halls Hill Pike.
Rents in Rutherford
Hovering over a ZIP code will show the estimated fair market rent for a two-bedroom rental in that ZIP code. The ZIP codes are shaded according to their two-bedroom rental cost estimates. Darker blue indicates more expensive. Clicking the ZIP code will bring up a list of estimated rents for everything from a studio apartment to a four-bedroom rental. Clicking “stack of cards” icon in the upper-left corner of the map will allow a choice of different base maps, including a street map view and a satellite imagery view.
The data come from the U.S. Department of Housing and Urban Development’s latest small-area fair market rent estimates for each of the county’s ZIP codes.
Produced each year for selected ZIP codes in more densely populated areas of the country, these estimates reflect the monthly rent figure – with utilities included – below which the rent for 40 percent of standard quality rental housing units fall within the area. HUD’s method for producing the estimates draws from the distribution of rents of all rental units in the area that are occupied by recent movers, excluding public housing units, newly built units, and substandard units.
HUD uses these estimates to figure out how much money to provide in federal housing assistance. But you can use the same figures to get an idea of what a reasonable rent might be for a standard-quality rental unit in a given ZIP code. HUD provides estimates for different sizes of rental units, from a studio to a four-bedroom unit.
The map was produced using R, a free, open-source computer coding language. For the script, and explanations of what each part of the script does, see this R Markdown page on RPubs.