FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 37774
0.80ratio
FMR$1,020
Market$1,280
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 37774
0.91ratio
FMR$1,280
Market$1,400
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 37774
0.78ratio
FMR$1,610
Market$2,070
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.78
4 BR
4 BR- 37774
0.84ratio
FMR$1,840
Market$2,200
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.84
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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Loudon, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Loudon, TN is $1,280 a month. That is down 2.3% from $1,310 in FY 2026. Loudon is in the Roane County, 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 Loudon is 22% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Loudon, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,020
−2.9%
$918–$1,122
1BR
$1,060
$1,020
−3.8%
$918–$1,122
2BR
$1,310
$1,280
−2.3%
$1,152–$1,408
3BR
$1,660
$1,610
−3.0%
$1,449–$1,771
4BR
$1,950
$1,840
−5.6%
$1,656–$2,024
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Loudon, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,020
$1,020
$1,280
$1,610
$1,840
FY 2026
$1,050
$1,060
$1,310
$1,660
$1,950
FY 2025
$1,120
$1,130
$1,380
$1,780
$2,100
FY 2024
$890
$900
$1,100
$1,420
$1,660
FY 2023
$780
$840
$1,020
$1,330
$1,580
Questions about Loudon, TN rents
How much will Section 8 pay for a two-bedroom in Loudon, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,280, that basic range is $1,152 to $1,408 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 Loudon, TN in?
Loudon, TN is in the Roane County, 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 Loudon, TN for FY 2027?
The two-bedroom FMR fell 2.3%, from $1,310 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has risen 25.5%.
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