37404
ZIPSAFMR
Hamilton County, TN
BRFMR
Eff. Rent
0 BR$1,130$960
1 BR$1,180$1,100
2 BR$1,300$1,300
3 BR$1,620$1,620
4 BR$1,730$1,730
5 BR$1,989
6 BR$2,288
7 BR$2,631
8 BR$3,026

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
1.18ratio
FMR$1,130
Market$960
vs market+$170

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.18
1 BR
1 BR
1.07ratio
FMR$1,180
Market$1,100
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.07
2 BR
2 BR
0.83ratio
FMR$1,300
Market$1,570
vs market-$270

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.83
3 BR
3 BR
0.82ratio
FMR$1,620
Market$1,970
vs market-$350

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.82
4 BR
4 BR
0.78ratio
FMR$1,730
Market$2,220
vs market-$490

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.78
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$131,263
Rent
$1,300
Down payment
$26,253
Loan
$105,010
Mortgage
$664
Expenses
$436
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 37404 (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.