FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 37341
1.07ratio
FMR$1,320
Market$1,230
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.07
2 BR
2 BR- 37341
1.02ratio
FMR$1,440
Market$1,410
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.02
3 BR
3 BR- 37341
0.90ratio
FMR$1,780
Market$1,980
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 37341
0.81ratio
FMR$1,890
Market$2,320
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.81
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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Harrison, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Harrison, TN is $1,440 a month. That is down 4.6% from $1,510 in FY 2026. Harrison is in the Chattanooga, TN-GA MSA, 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 Harrison is 37% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Harrison, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,270
−3.8%
$1,143–$1,397
1BR
$1,370
$1,320
−3.6%
$1,188–$1,452
2BR
$1,510
$1,440
−4.6%
$1,296–$1,584
3BR
$1,880
$1,780
−5.3%
$1,602–$1,958
4BR
$2,010
$1,890
−6.0%
$1,701–$2,079
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Harrison, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,270
$1,320
$1,440
$1,780
$1,890
FY 2026
$1,320
$1,370
$1,510
$1,880
$2,010
FY 2025
$1,380
$1,440
$1,600
$2,020
$2,180
FY 2024
$1,190
$1,210
$1,370
$1,740
$1,980
FY 2023
$1,000
$1,010
$1,170
$1,500
$1,780
Questions about Harrison, TN rents
How much will Section 8 pay for a two-bedroom in Harrison, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,440, that basic range is $1,296 to $1,584 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 Harrison, TN in?
Harrison, TN is in the Chattanooga, TN-GA MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Harrison, TN for FY 2027?
The two-bedroom FMR fell 4.6%, from $1,510 in FY 2026 to $1,440 in FY 2027. Since FY 2023 it has risen 23.1%.
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