Metro FMR area · TN · HUD FY 2027

Cleveland, TN Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Cleveland, TN area is $1,270 a month, 8% below the Tennessee average and 28% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 21 ZIP codes range from $1,110 to $1,380.

$1,2702-bedroom FMR+$37 (+3.0%) vs FY 2026
$9711-bedroom FMRU.S.: $1,478
$50,800Income for a 2-bedroomat 30% of income
128,963Residents2 counties

Can you afford the Fair Market Rent here?

Uses the common 30%-of-gross-income guideline. Results update as you type and stay in your browser.

Household income ($ per year, before tax)

Default: the income a 2-bedroom here needs at 30%.

Unit size

Rent you can afford at 30% of income$1,270/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Cleveland, TN FMR	$1,270	$50,800	–
Tennessee average	$1,381	$55,244	–
U.S. average	$1,761	$70,432	–

Cleveland, TN Fair Market Rents, FY 2027 vs FY 2026
Unit	Cleveland, TN FY 2027	FY 2026	Change	Tennessee avg	U.S. avg	Income needed
Studio	$884	$850	+$34 (+4.0%)	$1,141	$1,379	$35,360
1 bedroom	$971	$940	+$31 (+3.3%)	$1,196	$1,478	$38,840
2 bedrooms	$1,270	$1,233	+$37 (+3.0%)	$1,381	$1,761	$50,800
3 bedrooms	$1,593	$1,584	+$9 (+0.6%)	$1,771	$2,266	$63,720
4 bedrooms	$1,669	$1,633	+$36 (+2.2%)	$2,054	$2,607	$66,760

Counties in this FMR area

Counties in the Cleveland, TN FMR area
County	Residents in area
Bradley County, TN	111,065
Polk County, TN	17,898

Small Area FMRs by ZIP code

Small Area FMRs apply to Housing Choice Vouchers where HUD requires them or the housing authority opts in; otherwise the metro FMR above applies. The median ZIP’s 2-bedroom SAFMR is $1,110.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Cleveland, TN
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
37307	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37309	$840	$1,000	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37310	$800	$880	$1,150	$1,440	$1,510	+$40 (+3.6%)	9% below
37311	$860	$940	$1,230	$1,540	$1,620	+$10 (+0.8%)	3% below
37312	$960	$1,050	$1,380	$1,730	$1,810	−$40 (−2.8%)	9% above
37316	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37317	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37320	$910	$990	$1,300	$1,630	$1,710	+$30 (+2.4%)	2% above
37323	$860	$940	$1,230	$1,540	$1,620	+$10 (+0.8%)	3% below
37325	$780	$910	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37326	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37331	$800	$960	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37333	$770	$850	$1,110	$1,430	$1,520	+$20 (+1.8%)	13% below
37336	$920	$970	$1,210	$1,490	$1,610	−$40 (−3.2%)	5% below
37353	$930	$1,010	$1,300	$1,630	$1,710	+$10 (+0.8%)	2% above
37361	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37362	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37364	$910	$990	$1,300	$1,630	$1,710	+$30 (+2.4%)	2% above
37369	$770	$850	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37385	$770	$860	$1,110	$1,430	$1,470	+$20 (+1.8%)	13% below
37391	$770	$850	$1,110	$1,430	$1,470	−$20 (−1.8%)	13% below

Sources

U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).

Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.