Metro FMR area · TN · HUD FY 2027

Morristown, TN Fair Market Rent

HUD’s FY 2027 Fair Market Rent for a 2-bedroom in the Morristown, TN area is $1,153 a month, 17% below the Tennessee average and 35% below the U.S. average of $1,765. ZIP-level Small Area FMRs for its 16 ZIP codes range from $1,030 to $1,320.

$1,1532-bedroom FMR+$18 (+1.6%) vs FY 2026
$9121-bedroom FMRU.S.: $1,482
$46,120Income for a 2-bedroomat 30% of income
122,533Residents2 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$1,153/month

2-bedroom Fair Market Rent and the income it needs
Area	Fair Market Rent	Income needed	Share of your income
Morristown, TN FMR	$1,153	$46,120	–
Tennessee average	$1,381	$55,244	–
U.S. average	$1,765	$70,612	–

Morristown, TN Fair Market Rents, FY 2027 vs FY 2026
Unit	Morristown, TN FY 2027	FY 2026	Change	Tennessee avg	U.S. avg	Income needed
Studio	$906	$881	+$25 (+2.8%)	$1,141	$1,382	$36,240
1 bedroom	$912	$887	+$25 (+2.8%)	$1,196	$1,482	$36,480
2 bedrooms	$1,153	$1,135	+$18 (+1.6%)	$1,381	$1,765	$46,120
3 bedrooms	$1,405	$1,444	−$39 (−2.7%)	$1,771	$2,272	$56,200
4 bedrooms	$1,838	$1,827	+$11 (+0.6%)	$2,054	$2,614	$73,520

Counties in this FMR area

Counties in the Morristown, TN FMR area
County	Residents in area
Hamblen County, TN	65,669
Jefferson County, TN	56,864

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 $1,140.

Filter ZIP codes

FY 2027 Small Area Fair Market Rents, Morristown, TN
ZIP	Studio	1BR	2BR	3BR	4BR	2BR vs FY 2026	2BR vs area FMR
37711	$800	$800	$1,030	$1,300	$1,650	+$60 (+6.2%)	11% below
37725	$930	$930	$1,180	$1,440	$1,880	+$10 (+0.9%)	2% above
37760	$900	$910	$1,150	$1,400	$1,830	+$30 (+2.7%)	about the same as
37764	$1,120	$1,120	$1,320	$1,700	$1,750	+$60 (+4.8%)	14% above
37813	$900	$900	$1,140	$1,390	$1,820	+$30 (+2.7%)	1% below
37814	$910	$920	$1,160	$1,410	$1,850	+$10 (+0.9%)	1% above
37815	$900	$900	$1,140	$1,390	$1,820	+$10 (+0.9%)	1% below
37816	$900	$900	$1,140	$1,390	$1,820	+$10 (+0.9%)	1% below
37820	$900	$900	$1,140	$1,390	$1,820	+$100 (+9.6%)	1% below
37821	$800	$920	$1,030	$1,330	$1,650	+$60 (+6.2%)	11% below
37860	$800	$800	$1,030	$1,300	$1,650	+$60 (+6.2%)	11% below
37871	$840	$850	$1,050	$1,310	$1,580	−$50 (−4.5%)	9% below
37876	$1,020	$1,030	$1,200	$1,550	$1,650	+$70 (+6.2%)	4% above
37877	$1,010	$1,020	$1,290	$1,570	$2,060	+$30 (+2.4%)	12% above
37890	$900	$900	$1,140	$1,390	$1,820	−$10 (−0.9%)	1% below
37891	$800	$800	$1,030	$1,300	$1,650	+$30 (+3.0%)	11% 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.