Change Indicator

Fair market rent in Tennessee

Fair market rent

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Note: Non-consecutive years appear adjacent in the trend line
because one or more years have been deselected.

Definition and Source

PROVIDER

Definition

This indicator provides estimates on fair market rent for a three-bedroom housing in a given fiscal year. Fair market rents represent the 40th percentile gross rent and determine the eligibility of rental housing units for the Section 8 Housing Assistance Payments program. State data is an average of county data.

Data Source

All Fair Market Rent (FMR) data were obtained from the web site of the U.S. Office of Housing and Urban Development (HUD). The URL is as follows: https://www.huduser.gov/portal/home.html

Last Updated

November 2023