FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR- 37362
0.77ratio
FMR$850
Market$1,110
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 37362
0.91ratio
FMR$1,110
Market$1,220
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.91
3 BR
3 BR- 37362
1.07ratio
FMR$1,430
Market$1,340
vs market+$90
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR- 37362
1.09ratio
FMR$1,470
Market$1,350
vs market+$120
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Old Fort, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Old Fort, TN is $1,110 a month. That is up 1.8% from $1,090 in FY 2026. Old Fort is in the Cleveland, TN MSA. 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 $1,270. The median county two-bedroom FMR in Tennessee is $1,048, so Old Fort is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Old Fort, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$770
+2.7%
$693–$847
1BR
$830
$850
+2.4%
$765–$935
2BR
$1,090
$1,110
+1.8%
$999–$1,221
3BR
$1,430
$1,430
0.0%
$1,287–$1,573
4BR
$1,450
$1,470
+1.4%
$1,323–$1,617
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Old Fort, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$770
$850
$1,110
$1,430
$1,470
FY 2026
$750
$830
$1,090
$1,430
$1,450
FY 2025
$720
$770
$1,010
$1,320
$1,380
FY 2024
$660
$710
$930
$1,220
$1,280
FY 2023
$560
$600
$790
$1,040
$1,120
Questions about Old Fort, TN rents
How much will Section 8 pay for a two-bedroom in Old Fort, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,270, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,143 to $1,397 a month; under the ZIP-level Small Area FMR of $1,110 it would be $999 to $1,221. 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 Old Fort, TN in?
Old Fort, TN is in the Cleveland, TN MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,270.
How much did fair market rent change in Old Fort, TN for FY 2027?
The two-bedroom FMR rose 1.8%, from $1,090 in FY 2026 to $1,110 in FY 2027. Since FY 2023 it has risen 40.5%.
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