Fair Market Rents: Putnam County, TN (FY2026)
HUD's FY2026 Fair Market Rents for Putnam County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | TN median* |
|---|---|---|
| Studio (0-BR) | $752/mo | $730 (+3%) |
| 1 Bedroom | $818/mo | $818 (0%) |
| 2 Bedrooms | $1,014/mo | $975 (+4%) |
| 3 Bedrooms | $1,409/mo | $1,286 (+10%) |
| 4+ Bedrooms | $1,557/mo | $1,532 (+2%) |
*Median across all FMR-publishing counties in TN. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Putnam County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Putnam County
We track 18 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| Cookeville | 17 | 940 |
| Monterey | 3 | 57 |