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Metro FMR area · TN · HUD FY 2027

Knoxville, TN Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Knoxville, TN area is $1,475 a month, 7% above the Tennessee average and 16% below the U.S. average of $1,761. ZIP-level Small Area FMRs for its 73 ZIP codes range from $1,000 to $2,210.

  • $1,4752-bedroom FMR+$4 (+0.3%) vs FY 2026
  • $1,1781-bedroom FMRU.S.: $1,478
  • $59,000Income for a 2-bedroomat 30% of income
  • 791,645Residents5 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.

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

Rent you can afford at 30% of income$1,475/month
2-bedroom Fair Market Rent and the income it needs
AreaFair Market RentIncome neededShare of your income
Knoxville, TN FMR$1,475$59,000–
Tennessee average$1,381$55,244–
U.S. average$1,761$70,432–
Knoxville, TN Fair Market Rents, FY 2027 vs FY 2026
UnitKnoxville, TN FY 2027FY 2026ChangeTennessee avgU.S. avgIncome needed
Studio$1,171$1,177−$6 (−0.5%)$1,141$1,379$46,840
1 bedroom$1,178$1,184−$6 (−0.5%)$1,196$1,478$47,120
2 bedrooms$1,475$1,471+$4 (+0.3%)$1,381$1,761$59,000
3 bedrooms$1,844$1,864−$20 (−1.1%)$1,771$2,266$73,760
4 bedrooms$2,122$2,172−$50 (−2.3%)$2,054$2,607$84,880

Counties in this FMR area

Counties in the Knoxville, TN FMR area
CountyResidents in area
Anderson County, TN79,153
Blount County, TN139,333
Knox County, TN494,148
Loudon County, TN58,580
Union County, TN20,431

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 $1,370.

FY 2027 Small Area Fair Market Rents, Knoxville, TN
ZIPStudio1BR2BR3BR4BR2BR vs FY 20262BR vs area FMR
37701$1,240$1,250$1,560$1,950$2,240+$90 (+6.1%)6% above
37705$1,320$1,330$1,660$2,080$2,390−$20 (−1.2%)13% above
37709$850$860$1,120$1,550$1,590+$50 (+4.7%)24% below
37710$830$840$1,060$1,360$1,540+$30 (+2.9%)28% below
37716$950$960$1,200$1,500$1,730−$10 (−0.8%)19% below
37717$1,020$1,030$1,290$1,610$1,860no change13% below
37721$1,010$1,020$1,250$1,610$1,880−$130 (−9.4%)15% below
37737$1,230$1,240$1,550$1,940$2,230+$140 (+9.9%)5% above
37742$980$990$1,240$1,550$1,780no change16% below
37754$1,020$1,020$1,280$1,600$1,840−$80 (−5.9%)13% below
37764$1,120$1,120$1,320$1,700$1,750+$60 (+4.8%)11% below
37769$790$790$1,000$1,250$1,420+$10 (+1.0%)32% below
37771$1,020$1,020$1,280$1,600$1,840no change13% below
37772$1,330$1,330$1,670$2,090$2,400−$40 (−2.3%)13% above
37774$1,020$1,020$1,280$1,610$1,840−$30 (−2.3%)13% below
37777$820$820$1,030$1,290$1,480−$50 (−4.6%)30% below
37779$920$920$1,160$1,450$1,660+$70 (+6.4%)21% below
37801$1,090$1,100$1,370$1,720$1,970+$10 (+0.7%)7% below
37802$1,060$1,060$1,330$1,660$1,910−$10 (−0.7%)10% below
37803$1,100$1,100$1,380$1,730$1,990−$30 (−2.1%)6% below
37804$1,150$1,160$1,450$1,810$2,090−$20 (−1.4%)2% below
37806$810$810$1,020$1,280$1,460−$60 (−5.6%)31% below
37807$900$900$1,130$1,410$1,630−$50 (−4.2%)23% below
37825$760$910$1,000$1,240$1,390+$10 (+1.0%)32% below
37828$1,040$1,050$1,310$1,640$1,880−$20 (−1.5%)11% below
37830$1,120$1,120$1,400$1,770$2,010+$40 (+2.9%)5% below
37831$1,020$1,030$1,290$1,610$1,860no change13% below
37840$830$830$1,040$1,380$1,480−$40 (−3.7%)29% below
37846$810$840$1,020$1,310$1,430−$20 (−1.9%)31% below
37848$880$880$1,130$1,480$1,610+$60 (+5.6%)23% below
37849$1,090$1,090$1,370$1,710$1,970+$40 (+3.0%)7% below
37853$870$880$1,100$1,380$1,580+$30 (+2.8%)25% below
37865$1,290$1,300$1,540$1,980$2,080+$100 (+6.9%)4% above
37866$810$900$1,050$1,310$1,470+$30 (+2.9%)29% below
37870$760$890$1,000$1,250$1,380+$10 (+1.0%)32% below
37871$840$850$1,050$1,310$1,580−$50 (−4.5%)29% below
37874$770$870$1,000$1,290$1,350+$10 (+1.0%)32% below
37878$1,050$1,070$1,320$1,670$1,880−$10 (−0.8%)11% below
37882$1,020$1,020$1,280$1,600$1,840−$30 (−2.3%)13% below
37885$1,010$1,130$1,310$1,710$1,720+$130 (+11.0%)11% below
37886$1,110$1,120$1,380$1,740$1,940+$40 (+3.0%)6% below
37888$810$860$1,050$1,350$1,490+$30 (+2.9%)29% below
37901$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37902$1,510$1,520$1,900$2,380$2,730+$60 (+3.3%)29% above
37909$1,160$1,170$1,460$1,830$2,100−$10 (−0.7%)1% below
37912$1,090$1,090$1,370$1,710$1,970−$10 (−0.7%)7% below
37914$1,060$1,070$1,340$1,680$1,930+$10 (+0.8%)9% below
37915$950$960$1,200$1,500$1,730−$20 (−1.6%)19% below
37916$1,200$1,210$1,510$1,890$2,170+$10 (+0.7%)2% above
37917$1,270$1,280$1,600$2,000$2,300−$30 (−1.8%)8% above
37918$1,160$1,170$1,460$1,830$2,100+$20 (+1.4%)1% below
37919$1,380$1,390$1,740$2,180$2,500+$50 (+3.0%)18% above
37920$1,100$1,110$1,390$1,740$2,000+$60 (+4.5%)6% below
37921$1,210$1,210$1,520$1,900$2,190−$10 (−0.7%)3% above
37922$1,660$1,670$2,090$2,610$3,010no change42% above
37923$1,400$1,410$1,770$2,210$2,550+$110 (+6.6%)20% above
37924$1,060$1,070$1,340$1,680$1,930+$30 (+2.3%)9% below
37927$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37928$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37929$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37930$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37931$1,470$1,480$1,850$2,310$2,660+$10 (+0.5%)25% above
37932$1,520$1,530$1,920$2,400$2,760+$10 (+0.5%)30% above
37933$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37934$1,750$1,770$2,210$2,760$3,180no change50% above
37938$1,180$1,190$1,490$1,860$2,140+$30 (+2.1%)1% above
37939$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37940$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37950$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37995$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37996$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37997$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above
37998$1,220$1,230$1,540$1,930$2,220+$10 (+0.7%)4% above

Sources

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.