Income Limits by County

FY2027 Small Area FMR · Vonore, TN

ZIP 37885 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37885 (Vonore, TN) is $1,310 a month, up 11.0% from FY2026. That is 11% below the Knoxville, TN area-wide FMR of $1,475.

2-bedroom SAFMR$1,310per month ▲ 11.0%
Area-wide 2 BR FMR$1,475Knoxville, TN
Rank in the area45thof 73 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,179
2 BR Small Area FMR$1,310
110% of SAFMR$1,441

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

FY2027 FY2026

Where 37885 sits in the Knoxville, TN area

$1,000$2,210median $1,370

Of the 73 ZIP codes HUD lists for the area, 37885 has the 45th highest two-bedroom Small Area FMR. Knoxville, TN 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 $1,179 and $1,441 for two bedrooms.

ZIP code 37885 crosses more than one HUD area. HUD also lists it under Monroe County, TN (same figures). The figure that applies depends on which side of the line the home is.

All unit sizes

Monthly gross rent including utilities
UnitFY2027 SAFMRPayment standard rangeArea-wide FMRFY2026 SAFMR
Studio$1,010$909 – $1,111$1,171$880
1 bedroom$1,130$1,017 – $1,243$1,178$970
2 bedrooms$1,310$1,179 – $1,441$1,475$1,180
3 bedrooms$1,710$1,539 – $1,881$1,844$1,560
4 bedrooms$1,720$1,548 – $1,892$2,122$1,570

A household renting a two-bedroom home at the Small Area FMR of $1,310 needs about $52,400 a year to keep housing costs at 30% of income. The area median family income is $103,700 and the 80% low-income limit for four people is $82,950. ZIP code 37885 lies mainly in Monroe County and Loudon County. See the Knoxville, TN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIPPlaceDistance2 BR SAFMR
37385Tellico Plains11.5 mi$1,110
37354Madisonville12.3 mi$1,050
37801Maryville13.1 mi$1,370
37742Greenback14.0 mi$1,240
37803Maryville15.3 mi$1,380
37878Tallassee16.7 mi$1,320

Questions

What is the Fair Market Rent for ZIP code 37885?

HUD's FY2027 Small Area Fair Market Rents for 37885 are $1,010 (studio), $1,130 (1 BR), $1,310 (2 BR), $1,710 (3 BR) and $1,720 (4 BR) a month.

What is the Section 8 payment standard in 37885?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37885 that range is $1,179 to $1,441 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37885?

The FY2026 income limits of the Knoxville, TN area apply: median family income $103,700, low-income (80%) limit $82,950 for a family of four.