FY2027 Small Area FMR · Grimsley, TN

ZIP 38565 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38565 (Grimsley, TN) is $1,000 a month, up 7.5% from FY2026. That is 1% above the Fentress County, TN area-wide FMR of $995.

2-bedroom SAFMR$1,000per month ▲ 7.5%

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

Rank in the area4thof 10 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▲ 7.0%

2 BR$1,000▲ 7.5%

3 BR$1,190▼ 1.7%

4 BR$1,390▲ 6.9%

FY2027 FY2026

Where 38565 sits in the Fentress County, TN area

Of the 10 ZIP codes HUD lists for the area, 38565 has the 4th highest two-bedroom Small Area FMR. Fentress 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	$710
2 bedrooms	$1,000	$900 – $1,100	$995	$930
3 bedrooms	$1,190	$1,071 – $1,309	$1,186	$1,210
4 bedrooms	$1,390	$1,251 – $1,529	$1,388	$1,300

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 $68,300 and the 80% low-income limit for four people is $62,400. ZIP code 38565 lies mainly in Fentress County. See the Fentress County, TN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38589	Wilder	4.1 mi	$1,000
38553	Clarkrange	4.3 mi	$1,000
38554	Crawford	8.5 mi	$1,000
38543	Alpine	9.9 mi	$1,000
37726	Deer Lodge	10.8 mi	$1,110
38556	Jamestown	11.1 mi	$1,000

Questions

What is the Fair Market Rent for ZIP code 38565?

HUD's FY2027 Small Area Fair Market Rents for 38565 are $760 (studio), $760 (1 BR), $1,000 (2 BR), $1,190 (3 BR) and $1,390 (4 BR) a month.

What is the Section 8 payment standard in 38565?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38565 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 38565?

The FY2026 income limits of the Fentress County, TN area apply: median family income $68,300, low-income (80%) limit $62,400 for a family of four.