FMR is below market; voucher rent may lag private rents.
0.58
1 BR
1 BR- 37686
0.89ratio
FMR$1,080
Market$1,210
vs market-$130
FMR is below market; voucher rent may lag private rents.
0.89
2 BR
2 BR- 37686
0.75ratio
FMR$1,390
Market$1,860
vs market-$470
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 37686
0.77ratio
FMR$1,750
Market$2,280
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 37686
0.68ratio
FMR$1,870
Market$2,760
vs market-$890
FMR is below market; voucher rent may lag private rents.
0.68
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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Piney Flats, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Piney Flats, TN is $1,390 a month. That is down 2.8% from $1,430 in FY 2026. Piney Flats is in the Johnson City, 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 $1,211. The median county two-bedroom FMR in Tennessee is $1,048, so Piney Flats is 33% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Piney Flats, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$970
−2.0%
$873–$1,067
1BR
$1,120
$1,080
−3.6%
$972–$1,188
2BR
$1,430
$1,390
−2.8%
$1,251–$1,529
3BR
$1,830
$1,750
−4.4%
$1,575–$1,925
4BR
$2,010
$1,870
−7.0%
$1,683–$2,057
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Piney Flats, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$970
$1,080
$1,390
$1,750
$1,870
FY 2026
$990
$1,120
$1,430
$1,830
$2,010
FY 2025
$1,020
$1,140
$1,440
$1,850
$2,120
FY 2024
$880
$930
$1,170
$1,520
$1,730
FY 2023
$660
$710
$900
$1,180
$1,330
Questions about Piney Flats, TN rents
How much will Section 8 pay for a two-bedroom in Piney Flats, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,211, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,090 to $1,332 a month; under the ZIP-level Small Area FMR of $1,390 it would be $1,251 to $1,529. 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 Piney Flats, TN in?
Piney Flats, TN is in the Johnson City, TN MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,211.
How much did fair market rent change in Piney Flats, TN for FY 2027?
The two-bedroom FMR fell 2.8%, from $1,430 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 54.4%.
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