FMR is below market; voucher rent may lag private rents.
0.71
1 BR
1 BR- 37764
0.72ratio
FMR$1,120
Market$1,560
vs market-$440
FMR is below market; voucher rent may lag private rents.
0.72
2 BR
2 BR- 37764
0.75ratio
FMR$1,320
Market$1,750
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.75
3 BR
3 BR- 37764
0.82ratio
FMR$1,700
Market$2,070
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.82
4 BR
4 BR- 37764
0.73ratio
FMR$1,750
Market$2,400
vs market-$650
FMR is below market; voucher rent may lag private rents.
0.73
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
--
Kodak, TN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Kodak, TN is $1,320 a month. That is up 4.8% from $1,260 in FY 2026. Kodak is in the Morristown, 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 Kodak is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Kodak, TN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$970
$1,120
+15.5%
$1,008–$1,232
1BR
$1,060
$1,120
+5.7%
$1,008–$1,232
2BR
$1,260
$1,320
+4.8%
$1,188–$1,452
3BR
$1,660
$1,700
+2.4%
$1,530–$1,870
4BR
$1,690
$1,750
+3.6%
$1,575–$1,925
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Kodak, TN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,120
$1,120
$1,320
$1,700
$1,750
FY 2026
$970
$1,060
$1,260
$1,660
$1,690
FY 2025
$950
$1,060
$1,270
$1,670
$1,710
FY 2024
$940
$950
$1,160
$1,500
$1,740
FY 2023
$810
$860
$1,050
$1,370
$1,610
Questions about Kodak, TN rents
How much will Section 8 pay for a two-bedroom in Kodak, TN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,320, that basic range is $1,188 to $1,452 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 Kodak, TN in?
Kodak, TN is in the Morristown, 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 Kodak, TN for FY 2027?
The two-bedroom FMR rose 4.8%, from $1,260 in FY 2026 to $1,320 in FY 2027. Since FY 2023 it has risen 25.7%.
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