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

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

Fair Market Rent, three bedrooms (HUD, monthly) in Shelby County was $1,717 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2% from 2026. That is the 20th highest of 95 counties in 2027.

2027, USD1,717
Change on 2026+2%
Rank20th of 95Counties in Tennessee ranked
Series high1,7812025
Series low9552012

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

Get an email when a new figure is out or this one is revised.

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

8001,0001,2001,4001,6001,8002010201320162019202220272010: 1,043 USD2011: 1,010 USD2012: 955 USD2013: 1,049 USD2014: 1,066 USD2015: 1,137 USD2016: 1,128 USD2017: 1,137 USD2018: 1,136 USD2019: 1,194 USD2020: 1,203 USD2021: 1,228 USD2022: 1,219 USD2023: 1,365 USD2024: 1,711 USD2025: 1,781 USD2026: 1,683 USD2027: 1,717 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
20271,717
20261,683
20251,781
20241,711
20231,365
20221,219
20211,228
20201,203
20191,194
20181,136
20171,137
20161,128
20151,137
20141,066
20131,049
2012955
20111,010
20101,043

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), Shelby 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), Shelby 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/shelby-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), Shelby 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/shelby-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), Shelby 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/shelby-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), Shelby 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/shelby-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), Shelby 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/shelby-county-tennessee
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-three-bedroom/shelby-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  -
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

What is the latest fair Market Rent, three bedrooms (HUD, monthly) in Shelby County? Cite the source.
get_value {"indicator":"fair_market_rent_3br","place":"us-county-47157"}
GET https://invokely.ai/api/v1/value?indicator=fair_market_rent_3br&place=us-county-47157

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

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

Fair Market Rent, three bedrooms (HUD, monthly) in Shelby County was $1,717 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2% from 2026. That is the 20th 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 Shelby County?

$1,781 in 2025, the highest value since 2010 in this series.

Related statistics for Shelby County

All statistics for Shelby County | Shelby County in figures