FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR- 37153
0.80ratio
FMR$1,580
Market$1,980
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.80
2 BR
2 BR- 37153
0.88ratio
FMR$1,730
Market$1,960
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 37153
1.07ratio
FMR$2,210
Market$2,070
vs market+$140
FMR is near market; voucher and private rents are aligned.
1.07
4 BR
4 BR- 37153
1.13ratio
FMR$2,700
Market$2,380
vs market+$320
FMR is above market; underwrite to market rent.
1.13
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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Rockvale, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rockvale, TN is $1,730 a month. That is down 9.9% from $1,920 in FY 2026. Rockvale 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 Rockvale is 65% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Rockvale, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,670
$1,510
−9.6%
$1,359–$1,661
1BR
$1,750
$1,580
−9.7%
$1,422–$1,738
2BR
$1,920
$1,730
−9.9%
$1,557–$1,903
3BR
$2,450
$2,210
−9.8%
$1,989–$2,431
4BR
$2,990
$2,700
−9.7%
$2,430–$2,970
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Rockvale, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,510
$1,580
$1,730
$2,210
$2,700
FY 2026
$1,670
$1,750
$1,920
$2,450
$2,990
FY 2025
$1,760
$1,830
$2,020
$2,560
$3,140
FY 2024
$1,410
$1,450
$1,630
$2,040
$2,490
FY 2023
$1,270
$1,290
$1,460
$1,830
$2,260
Questions about Rockvale, TN rents
How much will Section 8 pay for a two-bedroom in Rockvale, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,730, that basic range is $1,557 to $1,903 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 Rockvale, TN in?
Rockvale, 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 Rockvale, TN for FY 2027?
The two-bedroom FMR fell 9.9%, from $1,920 in FY 2026 to $1,730 in FY 2027. Since FY 2023 it has risen 18.5%.
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