FY2027 Small Area FMR · Bean Station, TN

ZIP 37708 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37708 (Bean Station, TN) is $1,000 a month, up 7.5% from FY2026. That is 1% above the Grainger County, TN area-wide FMR of $995.

2-bedroom SAFMR$1,000per month ▲ 7.5%

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

Rank in the area6thof 9 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▲ 8.6%

1 BR$760▲ 8.6%

2 BR$1,000▲ 7.5%

3 BR$1,380▲ 13.1%

4 BR$1,410▲ 15.6%

FY2027 FY2026

Where 37708 sits in the Grainger County, TN area

Of the 9 ZIP codes HUD lists for the area, 37708 has the 6th highest two-bedroom Small Area FMR. Grainger 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	$756	$700
1 bedroom	$760	$684 – $836	$761	$700
2 bedrooms	$1,000	$900 – $1,100	$995	$930
3 bedrooms	$1,380	$1,242 – $1,518	$1,378	$1,220
4 bedrooms	$1,410	$1,269 – $1,551	$1,407	$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 $68,800 and the 80% low-income limit for four people is $62,400. ZIP code 37708 lies mainly in Grainger County. See the Grainger County, TN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
37881	Thorn Hill	5.4 mi	$1,000
37811	Mooresburg	5.8 mi	$1,000
37814	Morristown	6.8 mi	$1,160
37860	Russellville	9.3 mi	$1,030
37891	Whitesburg	10.3 mi	$1,030
37813	Morristown	11.2 mi	$1,140

Questions

What is the Fair Market Rent for ZIP code 37708?

HUD's FY2027 Small Area Fair Market Rents for 37708 are $760 (studio), $760 (1 BR), $1,000 (2 BR), $1,380 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 37708?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37708 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 37708?

The FY2026 income limits of the Grainger County, TN area apply: median family income $68,800, low-income (80%) limit $62,400 for a family of four.