FMR is below market; voucher rent may lag private rents.
0.41
1 BR
1 BR- 37046
0.43ratio
FMR$1,730
Market$4,070
vs market-$2,340
FMR is below market; voucher rent may lag private rents.
0.43
2 BR
2 BR- 37046
0.44ratio
FMR$1,930
Market$4,390
vs market-$2,460
FMR is below market; voucher rent may lag private rents.
0.44
3 BR
3 BR- 37046
0.56ratio
FMR$2,490
Market$4,480
vs market-$1,990
FMR is below market; voucher rent may lag private rents.
0.56
4 BR
4 BR- 37046
0.62ratio
FMR$2,960
Market$4,760
vs market-$1,800
FMR is below market; voucher rent may lag private rents.
0.62
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
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College Grove, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in College Grove, TN is $1,930 a month. That is up 2.7% from $1,880 in FY 2026. College Grove 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 College Grove is 84% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for College Grove, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,600
$1,660
+3.8%
$1,494–$1,826
1BR
$1,680
$1,730
+3.0%
$1,557–$1,903
2BR
$1,880
$1,930
+2.7%
$1,737–$2,123
3BR
$2,420
$2,490
+2.9%
$2,241–$2,739
4BR
$2,870
$2,960
+3.1%
$2,664–$3,256
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for College Grove, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,660
$1,730
$1,930
$2,490
$2,960
FY 2026
$1,600
$1,680
$1,880
$2,420
$2,870
FY 2025
$1,700
$1,770
$2,000
$2,550
$3,030
FY 2024
$1,650
$1,690
$1,920
$2,420
$2,910
FY 2023
$1,300
$1,330
$1,520
$1,910
$2,330
Questions about College Grove, TN rents
How much will Section 8 pay for a two-bedroom in College Grove, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,930, that basic range is $1,737 to $2,123 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 College Grove, TN in?
College Grove, 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 College Grove, TN for FY 2027?
The two-bedroom FMR rose 2.7%, from $1,880 in FY 2026 to $1,930 in FY 2027. Since FY 2023 it has risen 27.0%.
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