FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 37148
0.85ratio
FMR$1,180
Market$1,390
vs market-$210
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR- 37148
0.77ratio
FMR$1,290
Market$1,680
vs market-$390
FMR is below market; voucher rent may lag private rents.
0.77
3 BR
3 BR- 37148
0.87ratio
FMR$1,660
Market$1,900
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 37148
0.98ratio
FMR$2,010
Market$2,060
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Portland, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Portland, TN is $1,290 a month. That is down 2.3% from $1,320 in FY 2026. Portland 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 Portland is 23% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Portland, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,150
$1,140
−0.9%
$1,026–$1,254
1BR
$1,170
$1,180
+0.9%
$1,062–$1,298
2BR
$1,320
$1,290
−2.3%
$1,161–$1,419
3BR
$1,660
$1,660
0.0%
$1,494–$1,826
4BR
$2,020
$2,010
−0.5%
$1,809–$2,211
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Portland, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,180
$1,290
$1,660
$2,010
FY 2026
$1,150
$1,170
$1,320
$1,660
$2,020
FY 2025
$1,270
$1,300
$1,460
$1,840
$2,240
FY 2024
$1,100
$1,130
$1,270
$1,590
$1,960
FY 2023
$980
$990
$1,130
$1,430
$1,780
Questions about Portland, TN rents
How much will Section 8 pay for a two-bedroom in Portland, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 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 Portland, TN in?
Portland, 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 Portland, TN for FY 2027?
The two-bedroom FMR fell 2.3%, from $1,320 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 14.2%.
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