Putnam County, TN
Section 8 Fair Market Rents · FY 2026
Fair Market Rents by bedroom size
HUD sets FMRs annually. Local PHAs set their payment standards at 90–110% of FMR (higher with HUD approval) — the ranges below are estimates; confirm with the housing authority.
| Bedroom size | Fair Market Rent | Est. payment standard range |
|---|---|---|
| Studio | $752/mo | $677 – $827/mo |
| 1 BR | $818/mo | $736 – $900/mo |
| 2 BR | $1,014/mo | $913 – $1,115/mo |
| 3 BR | $1,409/mo | $1,268 – $1,550/mo |
| 4 BR | $1,557/mo | $1,401 – $1,713/mo |
Fair Market Rent by unit size — Putnam County, TN (FY 2026)
Source: HUD FY 2026 data for Putnam County. Payment standard ranges shown are 90–110% of FMR; actual standards vary by housing authority.
Housing authority serving Putnam County
- Highlands Residential Services
235 W Jackson St, Cookeville, TN, 38501 · 9315269793
Am I eligible?
To qualify for a Housing Choice Voucher in Putnam County, your household's gross annual income generally must be at or below the limits below (50% of area median income, as set by HUD). Most agencies are required to prioritize applicants at or below 30% AMI for at least 75% of new vouchers.
| Household size | Max gross annual income |
|---|---|
| 1 person | $30,650 |
| 2 people | $35,000 |
| 3 people | $39,400 |
| 4 people | $43,800 |
| 5 people | $47,350 |
| 6 people | $50,850 |
| 7 people | $54,350 |
| 8 people | $57,850 |
Source: HUD Income Limits, 2026. Meeting the income limit does not guarantee a voucher — waiting lists, local preferences, and funding levels vary by housing authority. Learn more about eligibility →
Income-restricted housing in Putnam County
These properties were built or rehabilitated using the federal Low-Income Housing Tax Credit (LIHTC) program and must rent a portion of units below market rate. Many, but not all, accept Section 8 Housing Choice Vouchers — contact the property directly to confirm current availability and voucher acceptance.
HICKORY VALLEY
1330 HICKORY VALLEY DR., COOKEVILLE, TN, 3850148 income-restricted units4 1BR, 34 2BR, 10 3BRBuilt 2023Compliance through ~2053WALNUT VILLAGE APARTMENTS
201 SOUTH WALNUT AVENUE, COOKEVILLE, TN, 3850180 income-restricted units66 1BR, 14 2BRBuilt 20209% LIHTCCompliance through ~2050- Elderly
BAXTER APARTMENTS
296 HIGHLAND AVENUE, BAXTER, TN, 3854420 income-restricted units12 1BR, 8 2BRBuilt 20184% + 9% LIHTCCompliance through ~2048 QUINLAND RIDGE APARTMENTS
394 4TH AVENUE, COOKEVILLE, TN, 3850664 income-restricted units1 studio, 16 1BR, 47 2BRBuilt 20174% LIHTCCompliance through ~2047BROAD WAY APARTMENTS
1445 W. BROAD ST., COOKEVILLE, TN, 3850188 income-restricted units12 1BR, 44 2BR, 32 3BRBuilt 20174% LIHTCCompliance through ~2047GREENWOOD PLACE
265 QUINLAND PLACE, ALGOOD, TN, 3850664 income-restricted units24 1BR, 36 2BR, 4 3BRBuilt 20164% + 9% LIHTCCompliance through ~2046- Elderly
GARDEN GROVE APARTMENTS
300 QUINLAND LAKE RD, ALLGOOD, TN, 3850140 income-restricted units21 1BR, 19 2BRBuilt 20154% + 9% LIHTCCompliance through ~2045 - Elderly
ALGOOD MANOR
100 MADDUX CT, COOKEVILLE, TN, 3850658 income-restricted units16 1BR, 34 2BR, 8 3BRBuilt 2011Tax-exempt bondCompliance through ~2041 CANE CREEK APTS (COOKEVILLE)
2500 W JACKSON ST, COOKEVILLE, TN, 3850176 income-restricted units of 75 total16 1BR, 35 2BR, 24 3BRBuilt 2009Tax-exempt bondCompliance through ~2039WILLOW HEIGHTS
861 WILLOW VALLEY CT, COOKEVILLE, TN, 3850130 income-restricted units24 1BR, 6 2BRBuilt 20014% + 9% LIHTCCompliance through ~2031TERRACE VIEW TOWNHOMES
1366 CRESCENT DR, COOKEVILLE, TN, 3850123 income-restricted units23 3BRBuilt 20004% + 9% LIHTCCompliance through ~2030
Source: HUD LIHTC Public-Use Database. Properties shown were placed in service within the last 35 years and may still be under compliance obligations. Verify availability, income limits, and voucher acceptance directly with each property. More on finding affordable housing →
Estimate your voucher payment
Enter a Putnam County ZIP code in the Voucher Payment Estimator for a personalized rent and subsidy estimate based on local FMR data.
Estimate payment →Investor: find your price ceiling
Use the Property Budget Calculator to find the max purchase price that hits your target return on a Section 8 unit in this market.
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