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Madison County, TN

CountySAFMR
Found 17 ZIPs
BRFMR
Eff. Rent
0 BR$770 – $1,050$770 – $1,160
1 BR$810 – $1,170$810 – $1,290
2 BR$1,060 – $1,530$1,010 – $1,540
3 BR$1,440 – $2,040$1,440 – $1,740
4 BR$1,510 – $2,130$1,510 – $2,020
5 BR$1,978
6 BR$2,275
7 BR$2,616
8 BR$3,008

Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.73ratio
FMR$1,050
Market$1,430
vs market-$380

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

Studio- 1 ZIP
0.97ratio
FMR$850
Market$880
vs market-$30

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

Studio- 3 ZIPs
1.07ratio range
Median FMR$890
Median Market$830
vs market+$60

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

3
Studio- 1 ZIP
1.14ratio
FMR$990
Market$870
vs market+$120

FMR is above market; underwrite to market rent.

0.73-1.14
1 BR
1 BR- 1 ZIP
0.84ratio
FMR$1,170
Market$1,390
vs market-$220

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

1 BR- 1 ZIP
0.98ratio
FMR$940
Market$960
vs market-$20

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

1 BR- 3 ZIPs
1.03ratio range
Median FMR$980
Median Market$950
vs market+$30

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

3
1 BR- 1 ZIP
1.18ratio
FMR$1,090
Market$920
vs market+$170

FMR is above market; underwrite to market rent.

0.84-1.18
2 BR
2 BR- 1 ZIP
0.99ratio
FMR$1,530
Market$1,540
vs market-$10

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

2 BR- 1 ZIP
1.10ratio
FMR$1,230
Market$1,120
vs market+$110

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

2 BR- 3 ZIPs
1.21ratio range
Median FMR$1,290
Median Market$1,070
vs market+$220

FMR is above market; underwrite to market rent.

3
2 BR- 1 ZIP
1.42ratio
FMR$1,430
Market$1,010
vs market+$420

FMR is above market; underwrite to market rent.

0.99-1.42
3 BR
3 BR- 4 ZIPs
1.08-1.10ratio range
Median FMR$1,720
Median Market$1,570
vs market+$150

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

4
3 BR- 1 ZIP
1.17ratio
FMR$1,900
Market$1,620
vs market+$280

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.22ratio
FMR$2,040
Market$1,670
vs market+$370

FMR is above market; underwrite to market rent.

1.08-1.22
4 BR
4 BR- 4 ZIPs
0.97-0.98ratio range
Median FMR$1,800
Median Market$1,840
vs market-$40

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

4
4 BR- 1 ZIP
1.04ratio
FMR$2,000
Market$1,930
vs market+$70

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

4 BR- 1 ZIP
1.08ratio
FMR$2,130
Market$1,970
vs market+$160

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

0.97-1.08
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 Madison County, 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.

Madison County, TN fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for Madison County, TN shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,190 and the 4 bedroom fair market rent is $1,720.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for Madison County, TN
Bedroom sizeHUD FMR
Studio$835
1 bedroom$915
2 bedroom$1,190
3 bedroom$1,575
4 bedroom$1,720