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TN/Roane County/Harriman

Harriman, TN

CitySAFMR
Roane County
Found 1 ZIP

City Median Investment Score

69Below average

095130300
BRFMR
Eff. Rent
0 BR$840$920
1 BR$850$940
2 BR$1,040$1,140
3 BR$1,380$1,430
4 BR$1,650$1,700
5 BR$1,897Not available
6 BR$2,182Not available
7 BR$2,509Not available
8 BR$2,886Not available

Purchase Price Calculator

Maximum purchase price
$107,487

Cost breakdown

+Likely effective rent$1,140
HUD FMR$1,040
Market rent$1,210
Est. payment standard (110%)Used$1,140
-Principal and interest-$544
Loan amount$85,990
Down payment$21,497
Rate6.50%
Term30 years
-Operating costs-$396
Property taxes-$107
Insurance-$175
Utilities$0
HOA$0
Management-$114
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,546(86.3% ROI)
Projected value
$115,752
Return breakdown
Property appreciation+$8,265
Loan principal paid down+$3,081
Rental cash flow+$7,200
5-year hold
+$31,619(147.1% ROI)
Projected value
$121,612
Return breakdown
Property appreciation+$14,125
Loan principal paid down+$5,494
Rental cash flow+$12,000
10-year hold
+$67,196(312.6% ROI)
Projected value
$137,592
Return breakdown
Property appreciation+$30,105
Loan principal paid down+$13,091
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.84
1 BR
0.75
2 BR
0.86
3 BR
0.95
4 BR
0.96
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Harriman, TN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harriman, TN is $1,040 a month. That is down 3.7% from $1,080 in FY 2026. Harriman is in the Roane County, TN HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,048.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Harriman, TN
BedroomsFY 2027Change90–110% range
Studio$840−6.7%$756–$924
1BR$850−5.6%$765–$935
2BR$1,040−3.7%$936–$1,144
3BR$1,380−2.8%$1,242–$1,518
4BR$1,650−7.8%$1,485–$1,815

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Harriman, TN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$840$850$1,040$1,380$1,650
FY 2026$900$900$1,080$1,420$1,790
FY 2025$880$880$1,060$1,360$1,750
FY 2024$760$790$950$1,240$1,590
FY 2023$690$740$900$1,170$1,500

Questions about Harriman, TN rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,048, which applies unless the housing authority uses Small Area FMRs, that basic range is $943 to $1,153 a month; under the ZIP-level Small Area FMR of $1,040 it would be $936 to $1,144. 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 Harriman, TN in?

Harriman, TN is in the Roane County, TN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,048.

How much did fair market rent change in Harriman, TN for FY 2027?

The two-bedroom FMR fell 3.7%, from $1,080 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 15.6%.

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