FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR
0.93ratio
FMR$1,060
Market$1,140
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR
0.85ratio
FMR$1,330
Market$1,570
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR
0.76ratio
FMR$1,660
Market$2,180
vs market-$520
FMR is below market; voucher rent may lag private rents.
0.76
4 BR
4 BR
0.71ratio
FMR$1,910
Market$2,690
vs market-$780
FMR is below market; voucher rent may lag private rents.
0.71
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
ZIP 37802 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 37802 (Maryville, TN) is $1,330 a month. That is down 0.7% from $1,340 in FY 2026. Maryville is in the Knoxville, TN HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 15 ZIP codes in Blount County, 37802 has the 10th-highest two-bedroom rent (county range $1,030–$1,670). The median county two-bedroom FMR in Tennessee is $1,048, so ZIP 37802 is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 37802
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,070
$1,060
−0.9%
$954–$1,166
1BR
$1,080
$1,060
−1.9%
$954–$1,166
2BR
$1,340
$1,330
−0.7%
$1,197–$1,463
3BR
$1,700
$1,660
−2.4%
$1,494–$1,826
4BR
$1,980
$1,910
−3.5%
$1,719–$2,101
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 37802
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,060
$1,060
$1,330
$1,660
$1,910
FY 2026
$1,070
$1,080
$1,340
$1,700
$1,980
FY 2025
$1,140
$1,150
$1,410
$1,810
$2,130
FY 2024
$900
$920
$1,120
$1,450
$1,680
FY 2023
$810
$870
$1,060
$1,380
$1,630
Two-bedroom rent in nearby Blount County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 37802?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 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 37802 in?
ZIP 37802 is in the Knoxville, TN HUD Metro FMR Area. 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 37802 for FY 2027?
The two-bedroom FMR fell 0.7%, from $1,340 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 25.5%.
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