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2025 FMR And Section 8 Rents For Grainger County TN

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of grainger-county, TN.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
47386$683$687$903$1198$1203
47403$800$860$1050$1360$1600
47394$800$860$1050$1360$1600
47396$683$687$903$1198$1203
47401$683$700$910$1198$1290
47393$683$710$910$1198$1320
47387$800$860$1050$1360$1600
47388$800$860$1050$1360$1600
47390$800$860$1050$1360$1600

Zip Code:

47386

Studio Rent:

$683

1 Bedroom Rent:

$687

2 Bedroom Rent:

$903

3 Bedroom Rent:

$1198

4 Bedroom Rent:

$1203

Zip Code:

47403

Studio Rent:

$800

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1600

Zip Code:

47394

Studio Rent:

$800

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1600

Zip Code:

47396

Studio Rent:

$683

1 Bedroom Rent:

$687

2 Bedroom Rent:

$903

3 Bedroom Rent:

$1198

4 Bedroom Rent:

$1203

Zip Code:

47401

Studio Rent:

$683

1 Bedroom Rent:

$700

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1198

4 Bedroom Rent:

$1290

Zip Code:

47393

Studio Rent:

$683

1 Bedroom Rent:

$710

2 Bedroom Rent:

$910

3 Bedroom Rent:

$1198

4 Bedroom Rent:

$1320

Zip Code:

47387

Studio Rent:

$800

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1600

Zip Code:

47388

Studio Rent:

$800

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1600

Zip Code:

47390

Studio Rent:

$800

1 Bedroom Rent:

$860

2 Bedroom Rent:

$1050

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1600

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.