FMR is below market; voucher rent may lag private rents.
0.64
1 BR
1 BR- 37080
0.67ratio
FMR$1,110
Market$1,660
vs market-$550
FMR is below market; voucher rent may lag private rents.
0.67
2 BR
2 BR- 37080
0.70ratio
FMR$1,210
Market$1,720
vs market-$510
FMR is below market; voucher rent may lag private rents.
0.70
3 BR
3 BR- 37080
0.78ratio
FMR$1,550
Market$2,000
vs market-$450
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 37080
0.80ratio
FMR$1,880
Market$2,360
vs market-$480
FMR is below market; voucher rent may lag private rents.
0.80
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
--
Joelton, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Joelton, TN is $1,210 a month. That is down 8.3% from $1,320 in FY 2026. Joelton is in the Nashville-Davidson--Murfreesboro--Franklin, 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 Joelton is 15% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Joelton, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,150
$1,070
−7.0%
$963–$1,177
1BR
$1,170
$1,110
−5.1%
$999–$1,221
2BR
$1,320
$1,210
−8.3%
$1,089–$1,331
3BR
$1,660
$1,550
−6.6%
$1,395–$1,705
4BR
$2,020
$1,880
−6.9%
$1,692–$2,068
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Joelton, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,070
$1,110
$1,210
$1,550
$1,880
FY 2026
$1,150
$1,170
$1,320
$1,660
$2,020
FY 2025
$1,270
$1,300
$1,460
$1,840
$2,240
FY 2024
$1,100
$1,130
$1,270
$1,590
$1,960
FY 2023
$990
$1,010
$1,140
$1,430
$1,780
Questions about Joelton, TN rents
How much will Section 8 pay for a two-bedroom in Joelton, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,210, that basic range is $1,089 to $1,331 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 Joelton, TN in?
Joelton, TN is in the Nashville-Davidson--Murfreesboro--Franklin, 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 Joelton, TN for FY 2027?
The two-bedroom FMR fell 8.3%, from $1,320 in FY 2026 to $1,210 in FY 2027. Since FY 2023 it has risen 6.1%.
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