37694
ZIPSAFMR
Sullivan County, TN
BRFMR
Eff. Rent
0 BR$810$810
1 BR$810$890
2 BR$1,010$1,110
3 BR$1,260$1,390
4 BR$1,410$1,550
5 BR$1,621
6 BR$1,865
7 BR$2,144
8 BR$2,466

Purchase Price Calculator

Maximum purchase price
$103,029

Cost breakdown

+Likely effective rent$1,110
HUD FMR$1,010
Market rent$1,510
Est. payment standard (110%)Used$1,110
Estimated payment standard is $1,110 (110% of FMR).
-Principal and interest-$521
Loan amount$82,423
Down payment$20,606
Rate6.50%
Term30 years
-Operating costs-$389
Property taxes-$103
Insurance-$175
Utilities$0
HOA$0
Management-$111
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,075(87.7% ROI)
Projected value
$110,951
Current value$103,029
Return breakdown
Property appreciation+$7,922
Loan principal paid down+$2,953
Rental cash flow+$7,200
5-year hold
+$30,805(149.5% ROI)
Projected value
$116,568
Current value$103,029
Return breakdown
Property appreciation+$13,539
Loan principal paid down+$5,266
Rental cash flow+$12,000
10-year hold
+$65,405(317.4% ROI)
Projected value
$131,886
Current value$103,029
Return breakdown
Property appreciation+$28,857
Loan principal paid down+$12,548
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
1.00ratio
FMR$810
Market$810
vs market+$0

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

90% standard$729 / 0.90 ratio110% standard$891 / 1.10 ratio
1.00
1 BR
1 BR
0.84ratio
FMR$810
Market$960
vs market-$150

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

90% standard$729 / 0.76 ratio110% standard$891 / 0.93 ratio
0.84
2 BR
2 BR
0.67ratio
FMR$1,010
Market$1,510
vs market-$500

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

90% standard$909 / 0.60 ratio110% standard$1,111 / 0.74 ratio
0.67
3 BR
3 BR
0.64ratio
FMR$1,260
Market$1,970
vs market-$710

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

90% standard$1,134 / 0.58 ratio110% standard$1,386 / 0.70 ratio
0.64
4 BR
4 BR
0.61ratio
FMR$1,410
Market$2,310
vs market-$900

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

90% standard$1,269 / 0.55 ratio110% standard$1,551 / 0.67 ratio
0.61
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

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 37694 (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.

37694 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 37694 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,010 and the 4 bedroom fair market rent is $1,410.

Use this page for searches like 37694 FMR, 37694 fair market rent, and 37694 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 37694
Bedroom sizeHUD FMR
Studio$810
1 bedroom$810
2 bedroom$1,010
3 bedroom$1,260
4 bedroom$1,410