FMR is near market; voucher and private rents are aligned.
1.02
1 BR
1 BR- 37135
1.02ratio
FMR$2,480
Market$2,420
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR- 37135
1.03ratio
FMR$2,700
Market$2,610
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 37135
1.33ratio
FMR$3,470
Market$2,610
vs market+$860
FMR is above market; underwrite to market rent.
1.33
4 BR
4 BR- 37135
1.35ratio
FMR$4,200
Market$3,120
vs market+$1,080
FMR is above market; underwrite to market rent.
1.35
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
--
Nolensville, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Nolensville, TN is $2,700 a month. That is up 3.8% from $2,600 in FY 2026. Nolensville 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 Nolensville is 158% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Nolensville, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$2,260
$2,380
+5.3%
$2,142–$2,618
1BR
$2,370
$2,480
+4.6%
$2,232–$2,728
2BR
$2,600
$2,700
+3.8%
$2,430–$2,970
3BR
$3,320
$3,470
+4.5%
$3,123–$3,817
4BR
$4,050
$4,200
+3.7%
$3,780–$4,620
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Nolensville, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$2,380
$2,480
$2,700
$3,470
$4,200
FY 2026
$2,260
$2,370
$2,600
$3,320
$4,050
FY 2025
$2,380
$2,470
$2,740
$3,460
$4,260
FY 2024
$2,110
$2,160
$2,430
$3,050
$3,730
FY 2023
$1,830
$1,870
$2,110
$2,640
$3,260
Questions about Nolensville, TN rents
How much will Section 8 pay for a two-bedroom in Nolensville, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $2,700, that basic range is $2,430 to $2,970 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 Nolensville, TN in?
Nolensville, 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 Nolensville, TN for FY 2027?
The two-bedroom FMR rose 3.8%, from $2,600 in FY 2026 to $2,700 in FY 2027. Since FY 2023 it has risen 28.0%.
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