FY2027 Small Area FMR · Riceville, TN

ZIP 37370 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37370 (Riceville, TN) is $1,000 a month, up 7.5% from FY2026. That is 1% above the McMinn County, TN area-wide FMR of $995.

2-bedroom SAFMR$1,000per month ▲ 7.5%

Area-wide 2 BR FMR$995McMinn County, TN

Rank in the area9thof 13 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$900

2 BR Small Area FMR$1,000

110% of SAFMR$1,100

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$760▲ 5.6%

1 BR$910▲ 8.3%

2 BR$1,000▲ 7.5%

3 BR$1,210▲ 5.2%

4 BR$1,310▲ 7.4%

FY2027 FY2026

Where 37370 sits in the McMinn County, TN area

Of the 13 ZIP codes HUD lists for the area, 37370 has the 9th highest two-bedroom Small Area FMR. McMinn County, TN is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $995 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,000 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$760	$684 – $836	$761	$720
1 bedroom	$910	$819 – $1,001	$914	$840
2 bedrooms	$1,000	$900 – $1,100	$995	$930
3 bedrooms	$1,210	$1,089 – $1,331	$1,214	$1,150
4 bedrooms	$1,310	$1,179 – $1,441	$1,308	$1,220

A household renting a two-bedroom home at the Small Area FMR of $1,000 needs about $40,000 a year to keep housing costs at 30% of income. The area median family income is $79,200 and the 80% low-income limit for four people is $63,350. ZIP code 37370 lies mainly in McMinn County. See the McMinn County, TN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
37309	Calhoun	4.4 mi	$1,110
37303	Athens	6.9 mi	$1,030
37310	Charleston	7.2 mi	$1,150
37325	Delano	9.5 mi	$1,110
37331	Etowah	9.9 mi	$1,110
37322	Decatur	12.3 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 37370?

HUD's FY2027 Small Area Fair Market Rents for 37370 are $760 (studio), $910 (1 BR), $1,000 (2 BR), $1,210 (3 BR) and $1,310 (4 BR) a month.

What is the Section 8 payment standard in 37370?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37370 that range is $900 to $1,100 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37370?

The FY2026 income limits of the McMinn County, TN area apply: median family income $79,200, low-income (80%) limit $63,350 for a family of four.