FMR is below market; voucher rent may lag private rents.
0.52
1 BR
1 BR- 37353
0.62ratio
FMR$1,010
Market$1,630
vs market-$620
FMR is below market; voucher rent may lag private rents.
0.62
2 BR
2 BR- 37353
0.74ratio
FMR$1,300
Market$1,760
vs market-$460
FMR is below market; voucher rent may lag private rents.
0.74
3 BR
3 BR- 37353
0.71ratio
FMR$1,630
Market$2,290
vs market-$660
FMR is below market; voucher rent may lag private rents.
0.71
4 BR
4 BR- 37353
0.64ratio
FMR$1,710
Market$2,670
vs market-$960
FMR is below market; voucher rent may lag private rents.
0.64
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
--
Mc Donald, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Mc Donald, TN is $1,300 a month. That is up 0.8% from $1,290 in FY 2026. Mc Donald 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 Mc Donald is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Mc Donald, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$930
+1.1%
$837–$1,023
1BR
$1,000
$1,010
+1.0%
$909–$1,111
2BR
$1,290
$1,300
+0.8%
$1,170–$1,430
3BR
$1,650
$1,630
−1.2%
$1,467–$1,793
4BR
$1,710
$1,710
0.0%
$1,539–$1,881
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Mc Donald, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$930
$1,010
$1,300
$1,630
$1,710
FY 2026
$920
$1,000
$1,290
$1,650
$1,710
FY 2025
$910
$1,000
$1,270
$1,650
$1,700
FY 2024
$870
$920
$1,180
$1,540
$1,640
FY 2023
$740
$780
$1,010
$1,320
$1,440
Questions about Mc Donald, TN rents
How much will Section 8 pay for a two-bedroom in Mc Donald, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,300, that basic range is $1,170 to $1,430 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 Mc Donald, TN in?
Mc Donald, 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 Mc Donald, TN for FY 2027?
The two-bedroom FMR rose 0.8%, from $1,290 in FY 2026 to $1,300 in FY 2027. Since FY 2023 it has risen 28.7%.
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