FMR is below market; voucher rent may lag private rents.
0.74
1 BR
1 BR- 37737
0.81ratio
FMR$1,240
Market$1,540
vs market-$300
FMR is below market; voucher rent may lag private rents.
0.81
2 BR
2 BR- 37737
0.90ratio
FMR$1,550
Market$1,730
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.90
3 BR
3 BR- 37737
0.90ratio
FMR$1,940
Market$2,160
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 37737
0.94ratio
FMR$2,230
Market$2,360
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.94
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Friendsville, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Friendsville, TN is $1,550 a month. That is up 9.9% from $1,410 in FY 2026. Friendsville is in the Knoxville, TN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Tennessee is $1,048, so Friendsville is 48% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Friendsville, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,130
$1,230
+8.8%
$1,107–$1,353
1BR
$1,140
$1,240
+8.8%
$1,116–$1,364
2BR
$1,410
$1,550
+9.9%
$1,395–$1,705
3BR
$1,790
$1,940
+8.4%
$1,746–$2,134
4BR
$2,080
$2,230
+7.2%
$2,007–$2,453
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Friendsville, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,230
$1,240
$1,550
$1,940
$2,230
FY 2026
$1,130
$1,140
$1,410
$1,790
$2,080
FY 2025
$1,240
$1,250
$1,530
$1,970
$2,310
FY 2024
$970
$980
$1,200
$1,550
$1,800
FY 2023
$850
$910
$1,110
$1,450
$1,700
Questions about Friendsville, TN rents
How much will Section 8 pay for a two-bedroom in Friendsville, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,550, that basic range is $1,395 to $1,705 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Friendsville, TN in?
Friendsville, TN is in the Knoxville, TN HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Friendsville, TN for FY 2027?
The two-bedroom FMR rose 9.9%, from $1,410 in FY 2026 to $1,550 in FY 2027. Since FY 2023 it has risen 39.6%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set