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Fair Market Rent · Tennessee

Fair Market Rent in Putnam County, TN

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$799studio
$8871 bedroom
$1,1022 bedrooms
$1,5023 bedrooms
$1,5644 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Putnam County is $1,102 a month, +8.7% from FY2026. Putnam County is part of the Putnam County, TN (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$799$752+6.2%$719–879
1 bedroom$887$818+8.4%$798–976
2 bedrooms$1,102$1,014+8.7%$992–1,212
3 bedrooms$1,502$1,409+6.6%$1,352–1,652
4 bedrooms$1,564$1,557+0.4%$1,408–1,720

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Putnam County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
38501Cookeville$1,120$919$883
38503Cookeville$1,100––
38505Cookeville$1,120––
38506Cookeville$1,250$986$1,007
38544Baxter$1,100$870$955
38548Buffalo Valley$1,030–$813
38574Monterey$1,000$726$754
38582Silver Point$1,000––

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.