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Section 8 rent in Cleveland, TN

FY2025 HUD Small Area Fair Market Rents for the Cleveland, TN MSA, covering 20 ZIP codes.

$1,117Avg 2BR FMR / mo
$1,228Avg 2BR at 110% Standard
20ZIP Codes

Fair market rent by bedroom count

Base SAFMR across all ZIP codes in this market. Housing authorities may set payment standards between 90% and 110% of these rates.

BedroomsLowest ZIPAverageHighest ZIPAvg 110% Standard
Studio$720$785$950$864
1 Bedroom$770$868$1,050$955
2 Bedrooms$1,010$1,117$1,380$1,228
3 Bedrooms$1,320$1,457$1,800$1,602
4 Bedrooms$1,380$1,500$1,830$1,650

Small multifamily Section 8 income

Estimated gross monthly and annual rent for 2-to-4 unit properties, assuming every unit is rented to Section 8 at this market's average fair market rent. Small multifamily is a favorite for long-term buy-and-hold investors stacking stable voucher income across multiple doors.

Property TypeUnit MixGross Monthly RentGross Annual Rent
Duplex2 × 2BR$2,234$26,808
Triplex3 × 2BR$3,351$40,212
Fourplex4 × 2BR$4,468$53,616
Fourplex4 × 3BR$5,828$69,936

Gross scheduled rent before vacancy, maintenance and management. Run any Tennessee multifamily listing through RealG to model it against real operating costs, or try the rental property calculator.

Highest-paying ZIP codes

Top 15 of 20 ZIP codes in this market, ranked by 2-bedroom SAFMR.

ZIP Code1BR2BR3BR4BR
37312 $1,050 $1,380 $1,800 $1,830
37353 $1,000 $1,270 $1,650 $1,700
37320 $950 $1,240 $1,620 $1,640
37323 $950 $1,240 $1,620 $1,640
37364 $950 $1,240 $1,620 $1,640
37336 $980 $1,230 $1,610 $1,660
37309 $1,000 $1,180 $1,510 $1,570
37311 $890 $1,170 $1,530 $1,550
37391 $850 $1,110 $1,450 $1,470
37361 $820 $1,080 $1,410 $1,430
37333 $810 $1,060 $1,410 $1,450
37310 $790 $1,030 $1,340 $1,380
37325 $790 $1,020 $1,320 $1,380
37331 $900 $1,020 $1,320 $1,380
37307 $770 $1,010 $1,320 $1,380

Quick cash flow check

Free Tool

Estimate monthly cash flow renting to Section 8 at this market's average fair market rent.

Section 8 rent (avg FMR)—
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30-year fixed. Taxes and insurance estimated at 1.5% and 0.5% of price per year. Before vacancy, maintenance and management. For a full itemized analysis, run this market in RealG.

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Frequently asked questions

How much does Section 8 pay for a 2-bedroom in Cleveland, TN?
For FY2025, the average 2-bedroom Small Area Fair Market Rent in the Cleveland, TN MSA is $1,117 per month, ranging from $1,010 to $1,380 depending on ZIP code. Local housing authorities may set payment standards between 90% and 110% of these rates, so the average 2-bedroom payment standard can reach $1,228.
What is a Small Area Fair Market Rent (SAFMR)?
SAFMRs are fair market rents that HUD publishes at the ZIP code level instead of one rate for a whole metro area. They reflect what modest rental housing actually costs in each ZIP, which means higher payment standards in more expensive neighborhoods. Housing choice voucher payments in this market are based on these rates.
Why do rents vary so much between ZIP codes here?
In Cleveland, TN, 2-bedroom SAFMRs run from $1,010 to $1,380 per month. HUD sets each ZIP's rate from local rent data, so neighborhoods with stronger rental markets get higher voucher payment standards. For investors, the spread matters: the same house price can produce very different Section 8 rents a few ZIP codes apart.
How do I find Section 8 investment properties in Tennessee?
RealG searches live listings across Tennessee, runs Section 8 numbers on every property using these HUD rates, and grades each deal A through D against your buying criteria. You can start free with no credit card and see graded deals in this market in minutes.

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Every Tennessee listing analyzed against real HUD rates and graded A–D. The AI agent calls the sellers.

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