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Hawkins County/Kingsport/37660

37660

ZIPSAFMR
Hawkins County, TN
Zillow

ZIP Investment Score

105Above average

095130300
BRFMR
Eff. Rent
0 BR$810$890
1 BR$910$1,000
2 BR$1,170$1,250
3 BR$1,470$1,620
4 BR$1,570$1,730
5 BR$1,805Not available
6 BR$2,076Not available
7 BR$2,388Not available
8 BR$2,746Not available

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMR$1,170
Market rent$1,300
Est. payment standard (107%)Used$1,250
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.80
1 BR
0.76
2 BR
0.90
3 BR
0.76
4 BR
0.79
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 37660 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 37660 (Kingsport, TN) is $1,170 a month. That is up 6.4% from $1,100 in FY 2026. Kingsport is in the Kingsport-Bristol, TN-VA MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,091. Among 12 ZIP codes in Hawkins County, 37660 has the highest two-bedroom rent (county range $1,000–$1,170). The median county two-bedroom FMR in Tennessee is $1,048, so ZIP 37660 is 12% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 37660
BedroomsFY 2027Change90–110% range
Studio$810+6.6%$729–$891
1BR$910+5.8%$819–$1,001
2BR$1,170+6.4%$1,053–$1,287
3BR$1,470+4.3%$1,323–$1,617
4BR$1,570+1.9%$1,413–$1,727

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 37660
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$810$910$1,170$1,470$1,570
FY 2026$760$860$1,100$1,410$1,540
FY 2025$740$830$1,050$1,350$1,550
FY 2024$680$720$910$1,180$1,330
FY 2023$580$630$790$1,040$1,170

Two-bedroom rent in nearby Hawkins County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 37660
37642$1,150−1.7%
37645$1,010−13.7%
37660Current$1,170—
37711$1,030−12.0%
37731$1,000−14.5%
37745$1,010−13.7%
37811$1,000−14.5%
37857$1,000−14.5%
37869$1,000−14.5%
37873$1,000−14.5%
37881$1,000−14.5%
37891$1,030−12.0%

Questions about ZIP 37660 rents

How much will Section 8 pay for a two-bedroom in ZIP 37660?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,091, which applies unless the housing authority uses Small Area FMRs, that basic range is $982 to $1,200 a month; under the ZIP-level Small Area FMR of $1,170 it would be $1,053 to $1,287. 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 37660 in?

ZIP 37660 is in the Kingsport-Bristol, TN-VA MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,091.

How much did fair market rent change in ZIP 37660 for FY 2027?

The two-bedroom FMR rose 6.4%, from $1,100 in FY 2026 to $1,170 in FY 2027. Since FY 2023 it has risen 48.1%.

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

County fair market rentKingsport, TN fair market rentTN statewide rentsWhat is SAFMR?Data sources