FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 37829
0.97ratio
FMR$990
Market$1,020
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.97
2 BR
2 BR- 37829
1.11ratio
FMR$1,290
Market$1,160
vs market+$130
FMR is above market; underwrite to market rent.
1.11
3 BR
3 BR- 37829
1.46ratio
FMR$1,790
Market$1,230
vs market+$560
FMR is above market; underwrite to market rent.
1.46
4 BR
4 BR- 37829
1.42ratio
FMR$1,820
Market$1,280
vs market+$540
FMR is above market; underwrite to market rent.
1.42
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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Oakdale, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Oakdale, TN is $1,290 a month. That is up 6.6% from $1,210 in FY 2026. Oakdale is in the Morgan County, TN HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $995. The median county two-bedroom FMR in Tennessee is $1,048, so Oakdale is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Oakdale, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$920
$980
+6.5%
$882–$1,078
1BR
$920
$990
+7.6%
$891–$1,089
2BR
$1,210
$1,290
+6.6%
$1,161–$1,419
3BR
$1,600
$1,790
+11.9%
$1,611–$1,969
4BR
$1,600
$1,820
+13.8%
$1,638–$2,002
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Oakdale, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$990
$1,290
$1,790
$1,820
FY 2026
$920
$920
$1,210
$1,600
$1,600
FY 2025
$850
$850
$1,120
$1,480
$1,480
FY 2024
$740
$750
$980
$1,300
$1,310
FY 2023
$650
$680
$850
$1,130
$1,350
Questions about Oakdale, TN rents
How much will Section 8 pay for a two-bedroom in Oakdale, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $995, which applies unless the housing authority uses Small Area FMRs, that basic range is $896 to $1,095 a month; under the ZIP-level Small Area FMR of $1,290 it would be $1,161 to $1,419. 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 Oakdale, TN in?
Oakdale, TN is in the Morgan County, TN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $995.
How much did fair market rent change in Oakdale, TN for FY 2027?
The two-bedroom FMR rose 6.6%, from $1,210 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 51.8%.
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