37829
ZIPSAFMR
Morgan County, TN
BRFMR
Eff. Rent
0 BR$920$920
1 BR$920$920
2 BR$1,210$1,160
3 BR$1,600$1,230
4 BR$1,600$1,280
5 BR$1,840
6 BR$2,116
7 BR$2,433
8 BR$2,798

Market Alignment

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

Studio
Studio
0.99ratio
FMR$920
Market$930
vs market-$10

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

0.99
1 BR
1 BR
0.90ratio
FMR$920
Market$1,020
vs market-$100

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

0.90
2 BR
2 BR
1.04ratio
FMR$1,210
Market$1,160
vs market+$50

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

1.04
3 BR
3 BR
1.30ratio
FMR$1,600
Market$1,230
vs market+$370

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

1.30
4 BR
4 BR
1.25ratio
FMR$1,600
Market$1,280
vs market+$320

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

1.25
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$117,889
Rent
$1,210
Down payment
$23,578
Loan
$94,311
Mortgage
$596
Expenses
$414
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 37829 (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.