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TN/Dickson County/Cunningham

Cunningham, TN

CitySAFMR
Dickson County
Found 1 ZIP

City Median Investment Score

56Below average

095130300
BRFMR
Eff. Rent
0 BR$1,040$1,140
1 BR$1,060$1,160
2 BR$1,190$1,260
3 BR$1,540$1,630
4 BR$1,870$1,830
5 BR$2,151Not available
6 BR$2,473Not available
7 BR$2,844Not available
8 BR$3,271Not available

Purchase Price Calculator

Maximum purchase price
$125,319

Cost breakdown

+Likely effective rent$1,260
HUD FMR$1,190
Market rent$1,300
Est. payment standard (106%)Used$1,260
-Principal and interest-$634
Loan amount$100,255
Down payment$25,064
Rate6.50%
Term30 years
-Operating costs-$426
Property taxes-$125
Insurance-$175
Utilities$0
HOA$0
Management-$126
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,428(81.5% ROI)
Projected value
$134,955
Return breakdown
Property appreciation+$9,636
Loan principal paid down+$3,592
Rental cash flow+$7,200
5-year hold
+$34,873(139.1% ROI)
Projected value
$141,787
Return breakdown
Property appreciation+$16,468
Loan principal paid down+$6,405
Rental cash flow+$12,000
10-year hold
+$74,363(296.7% ROI)
Projected value
$160,419
Return breakdown
Property appreciation+$35,100
Loan principal paid down+$15,263
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.72
1 BR
0.87
2 BR
0.92
3 BR
0.92
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Cunningham, TN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cunningham, TN is $1,190 a month. That is down 9.8% from $1,320 in FY 2026. Cunningham 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 Cunningham is 14% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Cunningham, TN
BedroomsFY 2027Change90–110% range
Studio$1,040−9.6%$936–$1,144
1BR$1,060−9.4%$954–$1,166
2BR$1,190−9.8%$1,071–$1,309
3BR$1,540−7.2%$1,386–$1,694
4BR$1,870−7.4%$1,683–$2,057

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Cunningham, TN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,040$1,060$1,190$1,540$1,870
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$1,100$1,130$1,270$1,660$2,010
FY 2023$980$990$1,130$1,430$1,780

Questions about Cunningham, TN rents

How much will Section 8 pay for a two-bedroom in Cunningham, 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 Cunningham, TN in?

Cunningham, 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 Cunningham, 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 risen 5.3%.

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