FY2027 Small Area FMR · Pickwick Dam, TN
ZIP 38365 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38365 (Pickwick Dam, TN) is $1,220 a month, up 31.2% from FY2026. That is 23% above the Hardin 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 38365 sits in the Hardin County, TN area
Of the 14 ZIP codes HUD lists for the area, 38365 has the 2nd highest two-bedroom Small Area FMR. Hardin 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 $1,220 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $930 | $837 – $1,023 | $756 | $700 |
| 1 bedroom | $940 | $846 – $1,034 | $761 | $710 |
| 2 bedrooms | $1,220 | $1,098 – $1,342 | $995 | $930 |
| 3 bedrooms | $1,540 | $1,386 – $1,694 | $1,249 | $1,230 |
| 4 bedrooms | $1,610 | $1,449 – $1,771 | $1,308 | $1,230 |
A household renting a two-bedroom home at the Small Area FMR of $1,220 needs about $48,800 a year to keep housing costs at 30% of income. The area median family income is $63,800 and the 80% low-income limit for four people is $62,400. ZIP code 38365 lies mainly in Hardin County. See the Hardin 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 38365?
HUD's FY2027 Small Area Fair Market Rents for 38365 are $930 (studio), $940 (1 BR), $1,220 (2 BR), $1,540 (3 BR) and $1,610 (4 BR) a month.
What is the Section 8 payment standard in 38365?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38365 that range is $1,098 to $1,342 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 38365?
The FY2026 income limits of the Hardin County, TN area apply: median family income $63,800, low-income (80%) limit $62,400 for a family of four.