FMR is below market; voucher rent may lag private rents.
0.50
1 BR
1 BR- 37048
0.53ratio
FMR$1,090
Market$2,060
vs market-$970
FMR is below market; voucher rent may lag private rents.
0.53
2 BR
2 BR- 37048
0.57ratio
FMR$1,190
Market$2,100
vs market-$910
FMR is below market; voucher rent may lag private rents.
0.57
3 BR
3 BR- 37048
0.68ratio
FMR$1,530
Market$2,250
vs market-$720
FMR is below market; voucher rent may lag private rents.
0.68
4 BR
4 BR- 37048
0.67ratio
FMR$1,850
Market$2,780
vs market-$930
FMR is below market; voucher rent may lag private rents.
0.67
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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Cottontown, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cottontown, TN is $1,190 a month. That is down 9.8% from $1,320 in FY 2026. Cottontown 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 Cottontown is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cottontown, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,150
$1,050
−8.7%
$945–$1,155
1BR
$1,170
$1,090
−6.8%
$981–$1,199
2BR
$1,320
$1,190
−9.8%
$1,071–$1,309
3BR
$1,660
$1,530
−7.8%
$1,377–$1,683
4BR
$2,020
$1,850
−8.4%
$1,665–$2,035
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cottontown, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,050
$1,090
$1,190
$1,530
$1,850
FY 2026
$1,150
$1,170
$1,320
$1,660
$2,020
FY 2025
$1,270
$1,300
$1,460
$1,840
$2,240
FY 2024
$1,140
$1,180
$1,320
$1,660
$2,020
FY 2023
$1,070
$1,100
$1,240
$1,550
$1,920
Questions about Cottontown, TN rents
How much will Section 8 pay for a two-bedroom in Cottontown, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,190, that basic range is $1,071 to $1,309 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 Cottontown, TN in?
Cottontown, 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 Cottontown, TN for FY 2027?
The two-bedroom FMR fell 9.8%, from $1,320 in FY 2026 to $1,190 in FY 2027. Since FY 2023 it has fallen 4.0%.
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