Knoxville, TN: Fair Market Rent by ZIP Code (FY2027)
ZIP-level rents for Knoxville in Knox County, effective October 1, 2026.
Data: HUD FY2027 Small Area FMRs (effective October 1, 2026), Census ACS 5-Year 2020–2024. Spot-checked against the official sources on November 5, 2026 (results). Last site change: November 10, 2026 (changelog).
Knoxville is in Knox County. HUD sets one Fair Market Rent for the whole Knoxville, TN area, $1,475 for two bedrooms in FY2027. Bedroom sizes, Section 8 payment standards and income limits for the county are on the Knox County fair market rent page. This page shows what differs inside Knoxville: the ZIP-level rents HUD publishes for metro areas and Census figures for the city itself.
Knoxville fair market rent by ZIP code (FY2027)
The two-bedroom Small Area FMR runs from $1,200 (ZIP 37915) to $1,900 (ZIP 37902), 29% above the area FMR. 6 of 9 ZIP codes are above the area figure, 3 below it.
| ZIP | 0 BR | 1 BR | 2 BR | 3 BR | 4 BR | 2 BR vs area FMR |
|---|---|---|---|---|---|---|
| 37902 | $1,510 | $1,520 | $1,900 | $2,380 | $2,730 | +29% |
| 37909 | $1,160 | $1,170 | $1,460 | $1,830 | $2,100 | −1% |
| 37912 | $1,090 | $1,090 | $1,370 | $1,710 | $1,970 | −7% |
| 37915 | $950 | $960 | $1,200 | $1,500 | $1,730 | −19% |
| 37916 | $1,200 | $1,210 | $1,510 | $1,890 | $2,170 | +2% |
| 37917 | $1,270 | $1,280 | $1,600 | $2,000 | $2,300 | +8% |
| 37919 | $1,380 | $1,390 | $1,740 | $2,180 | $2,500 | +18% |
| 37921 | $1,210 | $1,210 | $1,520 | $1,900 | $2,190 | +3% |
| 37929 | $1,220 | $1,230 | $1,540 | $1,930 | $2,220 | +4% |
ZIP codes with at least 30% of their land area inside Knoxville (Census 2020 ZIP code tabulation areas). Mail ZIP codes and ZCTAs can differ slightly at the edges.
Source: HUD FY2027 Small Area FMRs (effective October 1, 2026, claims ledger), how SAFMRs work.
Rent in Knoxville compared with Knox County
The median gross rent in Knoxville is $1,191 a month (±$22), 6% lower than in Knox County as a whole ($1,261). Renter households in Knoxville earn a median $41,024 a year (±$1,806), against $45,721 county-wide. The typical rent takes 35% of the typical renter income, and 54% of renters pay 30% or more of their income on rent.
Source: Census Bureau, American Community Survey 5-Year 2020–2024 (tables B25064, B25119, B25070), place and county level.
Section 8 in Knoxville
Where the housing authority uses ZIP-level figures, the voucher payment standard is normally 90% to 110% of the ZIP's Small Area FMR: for a two-bedroom unit in Knoxville that is about $1,080 to $2,090 depending on the ZIP code. Otherwise the county-wide FMR applies. See payment standards and income limits for Knox County or estimate the tenant share with the Section 8 calculator.