FY2027 Small Area FMR · Harriman, TN
ZIP 37748 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37748 (Harriman, TN) is $1,040 a month, down 3.7% from FY2026. That is 5% above the Morgan County, TN area-wide FMR of $995.
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 37748 sits in the Morgan County, TN area
Of the 12 ZIP codes HUD lists for the area, 37748 has the 7th highest two-bedroom Small Area FMR. Morgan 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 $1,040 for this ZIP code instead.
ZIP code 37748 crosses more than one HUD area. HUD also lists it under Roane 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 | $840 | $756 – $924 | $756 | $900 |
| 1 bedroom | $850 | $765 – $935 | $761 | $900 |
| 2 bedrooms | $1,040 | $936 – $1,144 | $995 | $1,080 |
| 3 bedrooms | $1,380 | $1,242 – $1,518 | $1,378 | $1,420 |
| 4 bedrooms | $1,650 | $1,485 – $1,815 | $1,401 | $1,790 |
A household renting a two-bedroom home at the Small Area FMR of $1,040 needs about $41,600 a year to keep housing costs at 30% of income. The area median family income is $82,500 and the 80% low-income limit for four people is $66,000. ZIP code 37748 lies mainly in Roane County and Morgan County. See the Morgan County, TN county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 37748?
HUD's FY2027 Small Area Fair Market Rents for 37748 are $840 (studio), $850 (1 BR), $1,040 (2 BR), $1,380 (3 BR) and $1,650 (4 BR) a month.
What is the Section 8 payment standard in 37748?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37748 that range is $936 to $1,144 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 37748?
The FY2026 income limits of the Morgan County, TN area apply: median family income $82,500, low-income (80%) limit $66,000 for a family of four.