FY2027 Small Area FMR · Walling, TN

ZIP 38587 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 38587 (Walling, TN) is $1,000 a month, up 7.5% from FY2026. That is 2% below the White County, TN area-wide FMR of $1,021.

2-bedroom SAFMR$1,000per month ▲ 7.5%

Area-wide 2 BR FMR$1,021White County, TN

Rank in the area6thof 6 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▲ 8.6%

2 BR$1,000▲ 7.5%

3 BR$1,290▲ 11.2%

4 BR$1,660▲ 12.9%

FY2027 FY2026

Where 38587 sits in the White County, TN area

Of the 6 ZIP codes HUD lists for the area, 38587 has the 6th highest two-bedroom Small Area FMR. White 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 $1,021 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	$775	$700
1 bedroom	$760	$684 – $836	$780	$700
2 bedrooms	$1,000	$900 – $1,100	$1,021	$930
3 bedrooms	$1,290	$1,161 – $1,419	$1,321	$1,160
4 bedrooms	$1,660	$1,494 – $1,826	$1,707	$1,470

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 $74,400 and the 80% low-income limit for four people is $62,400. ZIP code 38587 lies mainly in White County. See the White County, TN county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
38579	Quebeck	4.2 mi	$1,090
38550	Campaign	6.3 mi	$1,050
38559	Doyle	7.1 mi	$1,110
38581	Rock Island	8.6 mi	$1,140
37166	Smithville	10.3 mi	$1,190
38583	Sparta	11.1 mi	$1,040

Questions

What is the Fair Market Rent for ZIP code 38587?

HUD's FY2027 Small Area Fair Market Rents for 38587 are $760 (studio), $760 (1 BR), $1,000 (2 BR), $1,290 (3 BR) and $1,660 (4 BR) a month.

What is the Section 8 payment standard in 38587?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 38587 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 38587?

The FY2026 income limits of the White County, TN area apply: median family income $74,400, low-income (80%) limit $62,400 for a family of four.