FY2027 Small Area FMR · Cleveland, TN
ZIP 37311 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37311 (Cleveland, TN) is $1,230 a month, up 0.8% from FY2026. That is 8% below the Chattanooga, TN-GA area-wide FMR of $1,340.
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 37311 sits in the Chattanooga, TN-GA area
Of the 71 ZIP codes HUD lists for the area, 37311 has the 31st highest two-bedroom Small Area FMR. Chattanooga, TN-GA 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 $1,107 and $1,353 for two bedrooms.
ZIP code 37311 crosses more than one HUD area. HUD also lists it under Cleveland, 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 | $860 | $774 – $946 | $1,181 | $840 |
| 1 bedroom | $940 | $846 – $1,034 | $1,231 | $930 |
| 2 bedrooms | $1,230 | $1,107 – $1,353 | $1,340 | $1,220 |
| 3 bedrooms | $1,540 | $1,386 – $1,694 | $1,657 | $1,570 |
| 4 bedrooms | $1,620 | $1,458 – $1,782 | $1,761 | $1,620 |
A household renting a two-bedroom home at the Small Area FMR of $1,230 needs about $49,200 a year to keep housing costs at 30% of income. The area median family income is $97,400 and the 80% low-income limit for four people is $77,900. ZIP code 37311 lies mainly in Bradley County and Hamilton County. See the Chattanooga, TN-GA 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 37311?
HUD's FY2027 Small Area Fair Market Rents for 37311 are $860 (studio), $940 (1 BR), $1,230 (2 BR), $1,540 (3 BR) and $1,620 (4 BR) a month.
What is the Section 8 payment standard in 37311?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37311 that range is $1,107 to $1,353 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 37311?
The FY2026 income limits of the Chattanooga, TN-GA area apply: median family income $97,400, low-income (80%) limit $77,900 for a family of four.