37166
ZIPSAFMR
Cannon County, TN
BRFMR
Eff. Rent
0 BR$1,150$1,270
1 BR$1,170$1,270
2 BR$1,320$1,440
3 BR$1,660$1,680
4 BR$2,020$1,670
5 BR$2,323
6 BR$2,671
7 BR$3,072
8 BR$3,533

Purchase Price Calculator

Maximum purchase price
$152,067

Cost breakdown

+Likely effective rent$1,440
HUD FMR$1,320
Market rent$1,510
Est. payment standard (109%)Used$1,440
Estimated payment standard is $1,440 (109% of FMR).
-Principal and interest-$769
Loan amount$121,654
Down payment$30,413
Rate6.50%
Term30 years
-Operating costs-$471
Property taxes-$152
Insurance-$175
Utilities$0
HOA$0
Management-$144
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$23,251(76.5% ROI)
Projected value
$163,759
Current value$152,067
Return breakdown
Property appreciation+$11,693
Loan principal paid down+$4,359
Rental cash flow+$7,200
5-year hold
+$39,755(130.7% ROI)
Projected value
$172,050
Current value$152,067
Return breakdown
Property appreciation+$19,983
Loan principal paid down+$7,772
Rental cash flow+$12,000
10-year hold
+$85,112(279.9% ROI)
Projected value
$194,659
Current value$152,067
Return breakdown
Property appreciation+$42,592
Loan principal paid down+$18,520
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.81ratio
FMR$1,150
Market$1,420
vs market-$270

FMR is below market; voucher rent may lag private rents.

90% standard$1,035 / 0.73 ratio110% standard$1,265 / 0.89 ratio
0.81
1 BR
1 BR
0.88ratio
FMR$1,170
Market$1,330
vs market-$160

FMR is below market; voucher rent may lag private rents.

90% standard$1,053 / 0.79 ratio110% standard$1,287 / 0.97 ratio
0.88
2 BR
2 BR
0.87ratio
FMR$1,320
Market$1,510
vs market-$190

FMR is below market; voucher rent may lag private rents.

90% standard$1,188 / 0.79 ratio110% standard$1,452 / 0.96 ratio
0.87
3 BR
3 BR
0.98ratio
FMR$1,660
Market$1,690
vs market-$30

FMR is near market; voucher and private rents are aligned.

90% standard$1,494 / 0.88 ratio110% standard$1,826 / 1.08 ratio
0.98
4 BR
4 BR
1.21ratio
FMR$2,020
Market$1,670
vs market+$350

FMR is above market; underwrite to market rent.

90% standard$1,818 / 1.09 ratio110% standard$2,222 / 1.33 ratio
1.21
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 37166 (TN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

37166 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37166 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,320 and the 4 bedroom fair market rent is $2,020.

Use this page for searches like 37166 FMR, 37166 fair market rent, and 37166 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 37166
Bedroom sizeHUD FMR
Studio$1,150
1 bedroom$1,170
2 bedroom$1,320
3 bedroom$1,660
4 bedroom$2,020