FMR is below market; voucher rent may lag private rents.
0.55
1 BR
1 BR- 38058
0.68ratio
FMR$1,120
Market$1,650
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.68
2 BR
2 BR- 38058
0.73ratio
FMR$1,220
Market$1,660
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.73
3 BR
3 BR- 38058
0.88ratio
FMR$1,610
Market$1,830
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 38058
0.86ratio
FMR$1,860
Market$2,160
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.86
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
--
Munford, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Munford, TN is $1,220 a month. That is unchanged from FY 2026. Munford is in the Memphis, TN-MS-AR 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 Munford is 16% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Munford, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,010
$1,030
+2.0%
$927–$1,133
1BR
$1,100
$1,120
+1.8%
$1,008–$1,232
2BR
$1,220
$1,220
0.0%
$1,098–$1,342
3BR
$1,600
$1,610
+0.6%
$1,449–$1,771
4BR
$1,880
$1,860
−1.1%
$1,674–$2,046
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Munford, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,120
$1,220
$1,610
$1,860
FY 2026
$1,010
$1,100
$1,220
$1,600
$1,880
FY 2025
$1,100
$1,200
$1,350
$1,770
$2,080
FY 2024
$1,060
$1,170
$1,330
$1,750
$2,040
FY 2023
$860
$970
$1,110
$1,470
$1,700
Questions about Munford, TN rents
How much will Section 8 pay for a two-bedroom in Munford, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,220, that basic range is $1,098 to $1,342 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 Munford, TN in?
Munford, TN is in the Memphis, TN-MS-AR 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 Munford, TN for FY 2027?
The two-bedroom FMR was unchanged at $1,220 in FY 2027. Since FY 2023 it has risen 9.9%.
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