FY2027 Small Area FMR · Knoxville, TN

ZIP 37917 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 37917 (Knoxville, TN) is $1,600 a month, down 1.8% from FY2026. That is 8% above the Knoxville, TN area-wide FMR of $1,475.

2-bedroom SAFMR$1,600per month ▼ 1.8%

Area-wide 2 BR FMR$1,475Knoxville, TN

Rank in the area10thof 73 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,440

2 BR Small Area FMR$1,600

110% of SAFMR$1,760

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

Studio$1,270▼ 2.3%

1 BR$1,280▼ 2.3%

2 BR$1,600▼ 1.8%

3 BR$2,000▼ 3.4%

4 BR$2,300▼ 4.6%

FY2027 FY2026

Where 37917 sits in the Knoxville, TN area

Of the 73 ZIP codes HUD lists for the area, 37917 has the 10th 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 $1,440 and $1,760 for two bedrooms.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$1,270	$1,143 – $1,397	$1,171	$1,300
1 bedroom	$1,280	$1,152 – $1,408	$1,178	$1,310
2 bedrooms	$1,600	$1,440 – $1,760	$1,475	$1,630
3 bedrooms	$2,000	$1,800 – $2,200	$1,844	$2,070
4 bedrooms	$2,300	$2,070 – $2,530	$2,122	$2,410

A household renting a two-bedroom home at the Small Area FMR of $1,600 needs about $64,000 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 37917 lies mainly in Knox County. See the Knoxville, TN metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
37915	Knoxville	2.2 mi	$1,200
37902	Knoxville	2.6 mi	$1,900
37929	Knoxville	2.8 mi	$1,540
37916	Knoxville	3.5 mi	$1,510
37918	Knoxville	3.9 mi	$1,460
37912	Knoxville	4.0 mi	$1,370

Questions

What is the Fair Market Rent for ZIP code 37917?

HUD's FY2027 Small Area Fair Market Rents for 37917 are $1,270 (studio), $1,280 (1 BR), $1,600 (2 BR), $2,000 (3 BR) and $2,300 (4 BR) a month.

What is the Section 8 payment standard in 37917?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 37917 that range is $1,440 to $1,760 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 37917?

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.