Data / Fair Market Rent, three bedrooms (HUD, monthly) / Madison County

Fair Market Rent, three bedrooms (HUD, monthly) in Madison County

Fair Market Rent, three bedrooms (HUD, monthly) in Madison County was $1,730 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 3.2% from 2026. That is the 18th highest of 95 counties in 2027.

2027, USD1,730
Change on 2026+3.2%
Rank18th of 95Counties in Tennessee ranked
Series high1,7302027
Series low9042015

Next release: Saturday, 15 May 2027, estimated by Invokely from past publication dates (medium confidence), not announced by the publisher. Release calendar

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Fair Market Rent, three bedrooms (HUD, monthly) in Madison County, 2010 to 2027

8001,0001,2001,4001,6001,8002010201320162019202220272010: 937 USD2011: 937 USD2012: 923 USD2013: 1,008 USD2014: 913 USD2015: 904 USD2016: 1,015 USD2017: 948 USD2018: 1,019 USD2019: 1,085 USD2020: 1,129 USD2021: 1,147 USD2022: 1,160 USD2023: 1,269 USD2024: 1,558 USD2025: 1,667 USD2026: 1,677 USD2027: 1,730 USD
USD. Source: HUD, HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20271,730
20261,677
20251,667
20241,558
20231,269
20221,160
20211,147
20201,129
20191,085
20181,019
2017948
20161,015
2015904
2014913
20131,008
2012923
2011937
2010937

Rankings

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a three-bedroom unit in the HUD area that contains the county. Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet. HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile. They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars (Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars, Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars, Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_three_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars: Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars: Fair Market Rent, three bedrooms (HUD, monthly), Madison County, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/madison-county-tennessee.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  -
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Questions

What is the fair Market Rent, three bedrooms (HUD, monthly) in Madison County?

Fair Market Rent, three bedrooms (HUD, monthly) in Madison County was $1,730 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 3.2% from 2026. That is the 18th highest of 95 counties in 2027.

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: three bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, three bedrooms (HUD, monthly) in Madison County?

$1,730 in 2027, the highest value since 2010 in this series.

Related statistics for Madison County

All statistics for Madison County | Madison County in figures