FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 38004
0.77ratio
FMR$1,300
Market$1,680
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 38004
0.90ratio
FMR$1,420
Market$1,580
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 38004
1.03ratio
FMR$1,870
Market$1,810
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR- 38004
0.99ratio
FMR$2,160
Market$2,180
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.99
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Atoka, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Atoka, TN is $1,420 a month. That is down 3.4% from $1,470 in FY 2026. Atoka is in the Memphis, TN-MS-AR 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 Atoka is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Atoka, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,220
$1,190
−2.5%
$1,071–$1,309
1BR
$1,330
$1,300
−2.3%
$1,170–$1,430
2BR
$1,470
$1,420
−3.4%
$1,278–$1,562
3BR
$1,940
$1,870
−3.6%
$1,683–$2,057
4BR
$2,260
$2,160
−4.4%
$1,944–$2,376
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Atoka, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,190
$1,300
$1,420
$1,870
$2,160
FY 2026
$1,220
$1,330
$1,470
$1,940
$2,260
FY 2025
$1,320
$1,440
$1,620
$2,130
$2,490
FY 2024
$1,250
$1,390
$1,580
$2,080
$2,430
FY 2023
$1,000
$1,130
$1,290
$1,710
$1,980
Questions about Atoka, TN rents
How much will Section 8 pay for a two-bedroom in Atoka, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,420, that basic range is $1,278 to $1,562 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 Atoka, TN in?
Atoka, TN is in the Memphis, TN-MS-AR 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 Atoka, TN for FY 2027?
The two-bedroom FMR fell 3.4%, from $1,470 in FY 2026 to $1,420 in FY 2027. Since FY 2023 it has risen 10.1%.
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