FMR is below market; voucher rent may lag private rents.
0.72
1 BR
1 BR- 38545
0.72ratio
FMR$800
Market$1,110
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR- 38545
0.64ratio
FMR$1,030
Market$1,600
vs market-$570
FMR is below market; voucher rent may lag private rents.
0.64
3 BR
3 BR- 38545
0.80ratio
FMR$1,400
Market$1,760
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.80
4 BR
4 BR- 38545
0.68ratio
FMR$1,420
Market$2,080
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.68
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
--
Bloomington Springs, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bloomington Springs, TN is $1,030 a month. That is up 10.8% from $930 in FY 2026. Bloomington Springs is in the Jackson County, TN non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $995. The median county two-bedroom FMR in Tennessee is $1,048, so Bloomington Springs is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bloomington Springs, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$700
$770
+10.0%
$693–$847
1BR
$730
$800
+9.6%
$720–$880
2BR
$930
$1,030
+10.8%
$927–$1,133
3BR
$1,270
$1,400
+10.2%
$1,260–$1,540
4BR
$1,460
$1,420
−2.7%
$1,278–$1,562
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bloomington Springs, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$770
$800
$1,030
$1,400
$1,420
FY 2026
$700
$730
$930
$1,270
$1,460
FY 2025
$690
$690
$900
$1,240
$1,430
FY 2024area FMR
$651
$655
$861
$1,041
$1,209
FY 2023area FMR
$564
$567
$747
$909
$1,003
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Bloomington Springs, TN rents
How much will Section 8 pay for a two-bedroom in Bloomington Springs, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $995, which applies unless the housing authority uses Small Area FMRs, that basic range is $896 to $1,095 a month; under the ZIP-level Small Area FMR of $1,030 it would be $927 to $1,133. 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 Bloomington Springs, TN in?
Bloomington Springs, TN is in the Jackson County, TN non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $995.
How much did fair market rent change in Bloomington Springs, TN for FY 2027?
The two-bedroom FMR rose 10.8%, from $930 in FY 2026 to $1,030 in FY 2027. Since FY 2025 it has risen 14.4%.
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