FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR- 37110
0.84ratio
FMR$1,380
Market$1,650
vs market-$270
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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McMinnville, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in McMinnville, TN is $1,050 a month. That is up 8.2% from $970 in FY 2026. McMinnville is in the Chattanooga, TN-GA MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for McMinnville, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$740
$800
+8.1%
$720–$880
1BR
$740
$800
+8.1%
$720–$880
2BR
$970
$1,050
+8.2%
$945–$1,155
3BR
$1,170
$1,250
+6.8%
$1,125–$1,375
4BR
$1,310
$1,380
+5.3%
$1,242–$1,518
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for McMinnville, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$800
$800
$1,050
$1,250
$1,380
FY 2026
$740
$740
$970
$1,170
$1,310
FY 2025
$810
$810
$930
$1,170
$1,450
FY 2024
$890
$900
$1,020
$1,290
$1,610
FY 2023
$980
$990
$1,130
$1,430
$1,780
Questions about McMinnville, TN rents
How much will Section 8 pay for a two-bedroom in McMinnville, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,050, that basic range is $945 to $1,155 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 McMinnville, TN in?
McMinnville, 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 McMinnville, TN for FY 2027?
The two-bedroom FMR rose 8.2%, from $970 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has fallen 7.1%.
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