FMR is below market; voucher rent may lag private rents.
0.52
1 BR
1 BR- 37742
0.51ratio
FMR$990
Market$1,930
vs market-$940
FMR is below market; voucher rent may lag private rents.
0.51
2 BR
2 BR- 37742
0.62ratio
FMR$1,240
Market$1,990
vs market-$750
FMR is below market; voucher rent may lag private rents.
0.62
3 BR
3 BR- 37742
0.74ratio
FMR$1,550
Market$2,100
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.74
4 BR
4 BR- 37742
0.66ratio
FMR$1,780
Market$2,680
vs market-$900
FMR is below market; voucher rent may lag private rents.
0.66
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
--
Greenback, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenback, TN is $1,240 a month. That is unchanged from FY 2026. Greenback is in the Knoxville, 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 Greenback is 18% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenback, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$980
−1.0%
$882–$1,078
1BR
$1,000
$990
−1.0%
$891–$1,089
2BR
$1,240
$1,240
0.0%
$1,116–$1,364
3BR
$1,570
$1,550
−1.3%
$1,395–$1,705
4BR
$1,830
$1,780
−2.7%
$1,602–$1,958
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenback, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$990
$1,240
$1,550
$1,780
FY 2026
$990
$1,000
$1,240
$1,570
$1,830
FY 2025
$1,090
$1,090
$1,340
$1,720
$2,020
FY 2024
$890
$900
$1,100
$1,420
$1,650
FY 2023
$790
$850
$1,030
$1,340
$1,580
Questions about Greenback, TN rents
How much will Section 8 pay for a two-bedroom in Greenback, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,240, that basic range is $1,116 to $1,364 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 Greenback, TN in?
Greenback, TN is in the Knoxville, 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 Greenback, TN for FY 2027?
The two-bedroom FMR was unchanged at $1,240 in FY 2027. Since FY 2023 it has risen 20.4%.
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