FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 38028
0.82ratio
FMR$1,290
Market$1,570
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.82
2 BR
2 BR- 38028
0.89ratio
FMR$1,410
Market$1,590
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.89
3 BR
3 BR- 38028
1.09ratio
FMR$1,860
Market$1,700
vs market+$160
FMR is near market; voucher and private rents are aligned.
1.09
4 BR
4 BR- 38028
0.93ratio
FMR$2,150
Market$2,310
vs market-$160
FMR is near market; voucher and private rents are aligned.
0.93
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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Eads, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Eads, TN is $1,410 a month. That is down 1.4% from $1,430 in FY 2026. Eads 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 Eads is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Eads, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,180
$1,190
+0.8%
$1,071–$1,309
1BR
$1,290
$1,290
0.0%
$1,161–$1,419
2BR
$1,430
$1,410
−1.4%
$1,269–$1,551
3BR
$1,880
$1,860
−1.1%
$1,674–$2,046
4BR
$2,190
$2,150
−1.8%
$1,935–$2,365
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Eads, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,190
$1,290
$1,410
$1,860
$2,150
FY 2026
$1,180
$1,290
$1,430
$1,880
$2,190
FY 2025
$1,290
$1,410
$1,580
$2,080
$2,430
FY 2024
$1,210
$1,350
$1,530
$2,020
$2,350
FY 2023
$990
$1,120
$1,280
$1,690
$1,960
Questions about Eads, TN rents
How much will Section 8 pay for a two-bedroom in Eads, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,410, that basic range is $1,269 to $1,551 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 Eads, TN in?
Eads, 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 Eads, TN for FY 2027?
The two-bedroom FMR fell 1.4%, from $1,430 in FY 2026 to $1,410 in FY 2027. Since FY 2023 it has risen 10.2%.
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