FRANKLIN, TN
CitySAFMR
Davidson County
Found 5 ZIPs
BRFMR
Eff. Rent
0 BR$1,870 – $2,260$1,520 – $1,900
1 BR$1,960 – $2,370$1,420 – $2,120
2 BR$2,150 – $2,600$2,330 – $2,510
3 BR$2,750 – $3,320$2,800 – $3,030
4 BR$3,350 – $4,050$3,320 – $3,910
5 BR$4,082
6 BR$4,695
7 BR$5,399
8 BR$6,209

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.97ratio
FMR$1,870
Market$1,920
vs market-$50

FMR is near market; voucher and private rents are aligned.

1
Studio- 1 ZIP
1.08ratio
FMR$1,960
Market$1,810
vs market+$150

FMR is near market; voucher and private rents are aligned.

1
Studio- 1 ZIP
1.22ratio
FMR$1,990
Market$1,630
vs market+$360

FMR is above market; underwrite to market rent.

1
Studio- 1 ZIP
1.28ratio
FMR$1,990
Market$1,550
vs market+$440

FMR is above market; underwrite to market rent.

1
Studio- 1 ZIP
1.49ratio
FMR$2,260
Market$1,520
vs market+$740

FMR is above market; underwrite to market rent.

1
0.97-1.49
1 BR
1 BR- 1 ZIP
0.89ratio
FMR$1,960
Market$2,210
vs market-$250

FMR is below market; voucher rent may lag private rents.

1
1 BR- 2 ZIPs
1.07-1.08ratio range
Median FMR$2,080
Median Market$1,940
vs market+$140

FMR is near market; voucher and private rents are aligned.

2
1 BR- 1 ZIP
1.16ratio
FMR$2,050
Market$1,770
vs market+$280

FMR is above market; underwrite to market rent.

1
1 BR- 1 ZIP
1.67ratio
FMR$2,370
Market$1,420
vs market+$950

FMR is above market; underwrite to market rent.

1
0.89-1.67
2 BR
2 BR- 1 ZIP
0.77ratio
FMR$2,150
Market$2,780
vs market-$630

FMR is below market; voucher rent may lag private rents.

1
2 BR- 1 ZIP
0.85ratio
FMR$2,280
Market$2,690
vs market-$410

FMR is below market; voucher rent may lag private rents.

1
2 BR- 1 ZIP
0.88ratio
FMR$2,280
Market$2,580
vs market-$300

FMR is below market; voucher rent may lag private rents.

1
2 BR- 1 ZIP
0.95ratio
FMR$2,250
Market$2,380
vs market-$130

FMR is near market; voucher and private rents are aligned.

1
2 BR- 1 ZIP
1.07ratio
FMR$2,600
Market$2,420
vs market+$180

FMR is near market; voucher and private rents are aligned.

1
0.77-1.07
3 BR
3 BR- 1 ZIP
0.76ratio
FMR$2,750
Market$3,610
vs market-$860

FMR is below market; voucher rent may lag private rents.

1
3 BR- 2 ZIPs
0.96ratio range
Median FMR$2,910
Median Market$3,020
vs market-$110

FMR is near market; voucher and private rents are aligned.

2
3 BR- 1 ZIP
1.03ratio
FMR$2,880
Market$2,800
vs market+$80

FMR is near market; voucher and private rents are aligned.

1
3 BR- 1 ZIP
1.18ratio
FMR$3,320
Market$2,820
vs market+$500

FMR is above market; underwrite to market rent.

1
0.76-1.18
4 BR
4 BR- 1 ZIP
0.67ratio
FMR$3,350
Market$5,030
vs market-$1,680

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.79ratio
FMR$3,550
Market$4,480
vs market-$930

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.85ratio
FMR$3,550
Market$4,180
vs market-$630

FMR is below market; voucher rent may lag private rents.

1
4 BR- 1 ZIP
0.98ratio
FMR$3,510
Market$3,580
vs market-$70

FMR is near market; voucher and private rents are aligned.

1
4 BR- 1 ZIP
1.22ratio
FMR$4,050
Market$3,320
vs market+$730

FMR is above market; underwrite to market rent.

1
0.67-1.22
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for FRANKLIN, TN (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

FRANKLIN, TN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for FRANKLIN, TN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,280 and the 4 bedroom fair market rent is $3,550.

Use this page for searches like FRANKLIN, TN FMR, FRANKLIN, TN fair market rent, and FRANKLIN, TN Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for FRANKLIN, TN
Bedroom sizeHUD FMR
Studio$1,990
1 bedroom$2,080
2 bedroom$2,280
3 bedroom$2,910
4 bedroom$3,550