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Roane County/Kingston/37763

37763

ZIPSAFMR
Roane County, TN
Zillow

ZIP Investment Score

57Below average

095130300
BRFMR
Eff. Rent
0 BR$840$920
1 BR$850$940
2 BR$1,030$1,130
3 BR$1,370$1,510
4 BR$1,680$1,850
5 BR$1,932Not available
6 BR$2,222Not available
7 BR$2,555Not available
8 BR$2,938Not available

Purchase Price Calculator

Maximum purchase price
$106,001

Cost breakdown

+Likely effective rent$1,130
HUD FMR$1,030
Market rent$1,470
Est. payment standard (110%)Used$1,130
-Principal and interest-$536
Loan amount$84,801
Down payment$21,200
Rate6.50%
Term30 years
-Operating costs-$394
Property taxes-$106
Insurance-$175
Utilities$0
HOA$0
Management-$113
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$18,389(86.7% ROI)
Projected value
$114,152
Return breakdown
Property appreciation+$8,150
Loan principal paid down+$3,038
Rental cash flow+$7,200
5-year hold
+$31,347(147.9% ROI)
Projected value
$119,930
Return breakdown
Property appreciation+$13,929
Loan principal paid down+$5,418
Rental cash flow+$12,000
10-year hold
+$66,599(314.1% ROI)
Projected value
$135,690
Return breakdown
Property appreciation+$29,689
Loan principal paid down+$12,910
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.85
1 BR
0.73
2 BR
0.70
3 BR
0.72
4 BR
0.78
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 37763 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 37763 (Kingston, TN) is $1,030 a month. That is down 7.2% from $1,110 in FY 2026. Kingston is in the Roane County, TN HUD Metro FMR Area. 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 $1,048. Among 10 ZIP codes in Roane County, 37763 has the 7th-highest two-bedroom rent (county range $1,000–$1,400). The median county two-bedroom FMR in Tennessee is $1,048, so ZIP 37763 is 2% below it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 37763
BedroomsFY 2027Change90–110% range
Studio$840−9.7%$756–$924
1BR$850−8.6%$765–$935
2BR$1,030−7.2%$927–$1,133
3BR$1,370−6.2%$1,233–$1,507
4BR$1,680−9.7%$1,512–$1,848

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 37763
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$840$850$1,030$1,370$1,680
FY 2026$930$930$1,110$1,460$1,860
FY 2025$940$940$1,120$1,430$1,880
FY 2024$830$870$1,030$1,340$1,750
FY 2023$750$810$980$1,270$1,670

Two-bedroom rent in nearby Roane County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 37763
37748$1,040+1.0%
37763Current$1,030—
37771$1,280+24.3%
37774$1,280+24.3%
37830$1,400+35.9%
37840$1,040+1.0%
37846$1,020−1.0%
37854$1,050+1.9%
37874$1,000−2.9%
37880$1,000−2.9%

Questions about ZIP 37763 rents

How much will Section 8 pay for a two-bedroom in ZIP 37763?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,048, which applies unless the housing authority uses Small Area FMRs, that basic range is $943 to $1,153 a month; under the ZIP-level Small Area FMR of $1,030 it would be $927 to $1,133. 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 37763 in?

ZIP 37763 is in the Roane County, TN HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,048.

How much did fair market rent change in ZIP 37763 for FY 2027?

The two-bedroom FMR fell 7.2%, from $1,110 in FY 2026 to $1,030 in FY 2027. Since FY 2023 it has risen 5.1%.

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