HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Hickman County, Tennessee (FY 2027)
$1,028 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Hickman County, and it's the baseline every voucher in Hickman is measured against.
Two-bedroom FMR
$1,028
+3.6% from FY 2026
Payment standard
$925–$1,131
90% to 110% of the FMR, two-bedroom
Income to afford
$41,120
a year, with rent at 30% of income
Rank in Tennessee
51st of 95
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $781 | $703–$859 | $31,240 | $15.02/hr | -5.6% |
| 1 bedroom | $786 | $707–$865 | $31,440 | $15.12/hr | -5.5% |
| 2 bedroom | $1,028 | $925–$1,131 | $41,120 | $19.77/hr | +3.6% |
| 3 bedroom | $1,312 | $1,181–$1,443 | $52,480 | $25.23/hr | +2.7% |
| 4 bedroom | $1,669 | $1,502–$1,836 | $66,760 | $32.10/hr | +0.3% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,919 | $1,727–$2,111 |
| 6 bedroom Estimate | $2,170 | $1,953–$2,387 |
| 7 bedroom Estimate | $2,420 | $2,178–$2,662 |
| 8 bedroom Estimate | $2,670 | $2,403–$2,937 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Hickman actually rent for?
Search any address in Hickman for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Hickman somewhere between $925 and $1,131. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,028 a month is affordable, by HUD's 30% rule, on an income of roughly $41,120 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$925 | Voucher pays at 100%$1,028 | Voucher pays at 110%$1,131 |
|---|---|---|---|---|
| $2,500 | $750 | $175 | $278 | $381 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($992) to FY 2027 ($1,028). Since FY 2020 it's up 31% in total, about 3.9% a year. The Tennessee median moved up 7% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $617 | $691 | $787 | $981 | $1,382 | — |
| FY 2021 | $647 | $685 | $781 | $1,013 | $1,352 | -0.8% |
| FY 2022 | $583 | $617 | $703 | $960 | $1,217 | -10.0% |
| FY 2023 | $609 | $661 | $747 | $1,062 | $1,272 | +6.3% |
| FY 2024 | $707 | $767 | $861 | $1,213 | $1,461 | +15.3% |
| FY 2025 | $729 | $819 | $911 | $1,199 | $1,470 | +5.8% |
| FY 2026 | $827 | $832 | $992 | $1,277 | $1,664 | +8.9% |
| FY 2027In effect | $781 | $786 | $1,028 | $1,312 | $1,669 | +3.6% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Hickman, that runs from $781 for a studio up to $1,669 for four bedrooms, all five rates in the table above.
Hickman is its own HUD metro area (Hickman County, TN), so the rate here is set from rents inside the county rather than a wider region.
Among Tennessee's 95 counties, Hickman ranks 51st for two-bedroom FMR. That's within a couple percent of the state median of $1,048 and about 3% below the national median county at $1,063. About 25,436 people live here, 58th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,000 in 37098 (Lyles) and $1,440 in 38476 (Primm Springs), with the 7 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
Nearby counties
Two-bedroom FMR, with how each compares to Hickman.
Lewis County
22 mi · 12,992 people
$995
-3%
Dickson County
23 mi · 55,983 people
$1,798
+75%
Maury County
23 mi · 107,791 people
$1,474
+43%
Humphreys County
26 mi · 19,214 people
$1,055
+3%
Perry County
27 mi · 8,697 people
$995
-3%
Williamson County
33 mi · 260,351 people
$1,798
+75%
Cheatham County
34 mi · 41,829 people
$1,798
+75%
Houston County
39 mi · 8,353 people
$995
-3%
Questions people ask
$1,028 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $781 for a studio, $786 for one bedroom, $1,312 for three and $1,669 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Hickman actually go for?
HUD's number is one input. Search any address in Hickman for a rent estimate built from nearby comps. Free to start, no card.
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