Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 37396 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 37396 (Whiteside, TN) is $1,190 a month. That is down 1.7% from $1,210 in FY 2026. Whiteside is in the Chattanooga, TN-GA MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 14 ZIP codes in Marion County, 37396 has the 6th-highest two-bedroom rent (county range $1,000–$1,690). The median county two-bedroom FMR in Tennessee is $1,048, so ZIP 37396 is 14% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 37396
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,060
$1,040
−1.9%
$936–$1,144
1BR
$1,110
$1,090
−1.8%
$981–$1,199
2BR
$1,210
$1,190
−1.7%
$1,071–$1,309
3BR
$1,510
$1,470
−2.6%
$1,323–$1,617
4BR
$1,620
$1,560
−3.7%
$1,404–$1,716
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 37396
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,040
$1,090
$1,190
$1,470
$1,560
FY 2026
$1,060
$1,110
$1,210
$1,510
$1,620
FY 2025
$1,060
$1,110
$1,240
$1,560
$1,690
FY 2024
$960
$980
$1,110
$1,420
$1,610
FY 2023
$830
$840
$970
$1,240
$1,470
Two-bedroom rent in nearby Marion County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 37396?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,190, that basic range is $1,071 to $1,309 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 ZIP 37396 in?
ZIP 37396 is in the Chattanooga, TN-GA MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 37396 for FY 2027?
The two-bedroom FMR fell 1.7%, from $1,210 in FY 2026 to $1,190 in FY 2027. Since FY 2023 it has risen 22.7%.
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