FY2027 Small Area FMR · Roan Mountain, TN

ZIP 37687 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37687 (Roan Mountain, TN) is $1,050 a month, down 2.8% from FY2026. That is 13% below the Johnson City, TN area-wide FMR of $1,211.

2-bedroom SAFMR$1,050per month ▼ 2.8%

Area-wide 2 BR FMR$1,211Johnson City, TN

Rank in the area17thof 26 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$945

2 BR Small Area FMR$1,050

110% of SAFMR$1,155

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

Studio$800▼ 7.0%

1 BR$830▼ 4.6%

2 BR$1,050▼ 2.8%

3 BR$1,300▼ 3.7%

4 BR$1,430▼ 5.3%

FY2027 FY2026

Where 37687 sits in the Johnson City, TN area

Of the 26 ZIP codes HUD lists for the area, 37687 has the 17th highest two-bedroom Small Area FMR. Johnson City, 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 $1,211 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,050 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	$800	$720 – $880	$942	$860
1 bedroom	$830	$747 – $913	$948	$870
2 bedrooms	$1,050	$945 – $1,155	$1,211	$1,080
3 bedrooms	$1,300	$1,170 – $1,430	$1,461	$1,350
4 bedrooms	$1,430	$1,287 – $1,573	$1,609	$1,510

A household renting a two-bedroom home at the Small Area FMR of $1,050 needs about $42,000 a year to keep housing costs at 30% of income. The area median family income is $76,800 and the 80% low-income limit for four people is $64,500. ZIP code 37687 lies mainly in Carter County. See the Johnson City, TN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
37658	Hampton	4.2 mi	$1,020
28652	Minneapolis	8.2 mi	$1,010
28622	Elk Park	8.4 mi	$1,170
28705	Bakersville	10.4 mi	$1,120
28664	Plumtree	10.7 mi	$1,010
37692	Unicoi	11.4 mi	$1,130

Questions

What is the Fair Market Rent for ZIP code 37687?

HUD's FY2027 Small Area Fair Market Rents for 37687 are $800 (studio), $830 (1 BR), $1,050 (2 BR), $1,300 (3 BR) and $1,430 (4 BR) a month.

What is the Section 8 payment standard in 37687?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37687 that range is $945 to $1,155 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37687?

The FY2026 income limits of the Johnson City, TN area apply: median family income $76,800, low-income (80%) limit $64,500 for a family of four.