OAKLAND, TN
CitySAFMR
Fayette County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,200$1,320
1 BR$1,330$1,460
2 BR$1,510$1,610
3 BR$1,980$1,770
4 BR$2,310$2,270
5 BR$2,657
6 BR$3,055
7 BR$3,513
8 BR$4,040

Purchase Price Calculator

Maximum purchase price
$177,329

Cost breakdown

+Likely effective rent$1,610
HUD FMR$1,510
Market rent$1,670
Est. payment standard (107%)Used$1,610
Estimated payment standard is $1,610 (107% of FMR).
-Principal and interest-$897
Loan amount$141,863
Down payment$35,466
Rate6.50%
Term30 years
-Operating costs-$513
Property taxes-$177
Insurance-$175
Utilities$0
HOA$0
Management-$161
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$25,918(73.1% ROI)
Projected value
$190,964
Current value$177,329
Return breakdown
Property appreciation+$13,635
Loan principal paid down+$5,083
Rental cash flow+$7,200
5-year hold
+$44,366(125.1% ROI)
Projected value
$200,631
Current value$177,329
Return breakdown
Property appreciation+$23,302
Loan principal paid down+$9,064
Rental cash flow+$12,000
10-year hold
+$95,264(268.6% ROI)
Projected value
$226,996
Current value$177,329
Return breakdown
Property appreciation+$49,667
Loan principal paid down+$21,597
Rental cash flow+$24,000

Upgrade to access AI-powered research tools

Upgrade

Rolodex

Upgrade to access AI-powered research tools

Upgrade

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 38060
0.64ratio
FMR$1,200
Market$1,880
vs market-$680

FMR is below market; voucher rent may lag private rents.

90% standard$1,080 / 0.57 ratio110% standard$1,320 / 0.70 ratio
0.64
1 BR
1 BR- 38060
0.69ratio
FMR$1,330
Market$1,930
vs market-$600

FMR is below market; voucher rent may lag private rents.

90% standard$1,197 / 0.62 ratio110% standard$1,463 / 0.76 ratio
0.69
2 BR
2 BR- 38060
0.90ratio
FMR$1,510
Market$1,670
vs market-$160

FMR is near market; voucher and private rents are aligned.

90% standard$1,359 / 0.81 ratio110% standard$1,661 / 0.99 ratio
0.90
3 BR
3 BR- 38060
1.12ratio
FMR$1,980
Market$1,770
vs market+$210

FMR is above market; underwrite to market rent.

90% standard$1,782 / 1.01 ratio110% standard$2,178 / 1.23 ratio
1.12
4 BR
4 BR- 38060
1.02ratio
FMR$2,310
Market$2,270
vs market+$40

FMR is near market; voucher and private rents are aligned.

90% standard$2,079 / 0.92 ratio110% standard$2,541 / 1.12 ratio
1.02
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for OAKLAND, TN (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

OAKLAND, TN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for OAKLAND, TN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,510 and the 4 bedroom fair market rent is $2,310.

Use this page for searches like OAKLAND, TN FMR, OAKLAND, TN fair market rent, and OAKLAND, TN Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for OAKLAND, TN
Bedroom sizeHUD FMR
Studio$1,200
1 bedroom$1,330
2 bedroom$1,510
3 bedroom$1,980
4 bedroom$2,310