FY2027 Small Area FMR · Bell Buckle, TN
ZIP 37020 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37020 (Bell Buckle, TN) is $1,490 a month, up 9.6% from FY2026. That is 17% below the Nashville-Davidson--Murfreesboro--Franklin, TN area-wide FMR of $1,798.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 37020 sits in the Nashville-Davidson--Murfreesboro--Franklin, TN area
Of the 125 ZIP codes HUD lists for the area, 37020 has the 80th highest two-bedroom Small Area FMR. Nashville-Davidson--Murfreesboro--Franklin, TN is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $1,341 and $1,639 for two bedrooms.
ZIP code 37020 crosses more than one HUD area. HUD also lists it under Bedford County, TN (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $1,170 | $1,053 – $1,287 | $1,585 | $1,150 |
| 1 bedroom | $1,370 | $1,233 – $1,507 | $1,650 | $1,230 |
| 2 bedrooms | $1,490 | $1,341 – $1,639 | $1,798 | $1,360 |
| 3 bedrooms | $2,040 | $1,836 – $2,244 | $2,309 | $1,810 |
| 4 bedrooms | $2,470 | $2,223 – $2,717 | $2,799 | $2,130 |
A household renting a two-bedroom home at the Small Area FMR of $1,490 needs about $59,600 a year to keep housing costs at 30% of income. The area median family income is $116,100 and the 80% low-income limit for four people is $92,900. ZIP code 37020 lies mainly in Bedford County and Rutherford County. See the Nashville-Davidson--Murfreesboro--Franklin, TN metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 37020?
HUD's FY2027 Small Area Fair Market Rents for 37020 are $1,170 (studio), $1,370 (1 BR), $1,490 (2 BR), $2,040 (3 BR) and $2,470 (4 BR) a month.
What is the Section 8 payment standard in 37020?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37020 that range is $1,341 to $1,639 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 37020?
The FY2026 income limits of the Nashville-Davidson--Murfreesboro--Franklin, TN area apply: median family income $116,100, low-income (80%) limit $92,900 for a family of four.