Stewart County, TN: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$9952-bedroom FMR, FY2027

$8121-bedroom FMR, FY2027

$72,15080% income limit, family of 4 (FY2026)

$90,200Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Stewart County is $995 a month, down 0.9% from $1,004 in FY2026. Stewart County belongs to the Stewart County, TN HUD Metro FMR Area FMR area, so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Stewart County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$693	$692	+0.1%	$624 – $762
1 bedroom	$812	$815	−0.4%	$731 – $893
2 bedrooms	$995	$1,004	−0.9%	$896 – $1,094
3 bedrooms	$1,378	$1,396	−1.3%	$1,241 – $1,515
4 bedrooms	$1,663	$1,684	−1.2%	$1,497 – $1,829

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Stewart County that is typically $896 to $1,094 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$49,952median income of renter households

$945Median gross rent, all units

23%Rent-to-income ratio (median rent ÷ median renter income)

32%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $49,952 can afford about $1,249 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $995 is $254 (20.3%) less than that. To rent a two-bedroom at the FMR, a household needs $39,800 a year under the 30% rule, or $35,820 under the common landlord rule that income must be three times the rent.

Stewart County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$945 ±$65
Median income of renter households	$49,952 ±$8,127
Renters paying 30% or more of income (cost-burdened)	32.2% ±10.8
Renters paying 50% or more (severely cost-burdened)	7.7% ±4.3
Renter households (where the share can be computed)	792

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$644	$945	+46.7%
Median renter household income	$36,237	$49,952	+37.8%
Renters paying 30%+ of income	36.5%	32.2%	−4.3 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

Small Area FMRs by ZIP code (FY2027)

In metro areas HUD also publishes ZIP-level Small Area Fair Market Rents. Housing authorities in designated areas must use them for voucher payment standards; others may opt in. Here the two-bedroom SAFMR ranges from $1,010 to $1,390 depending on the ZIP code.

All 8 ZIP codes in this FMR area

ZIP	0 BR	1 BR	2 BR	3 BR	4 BR
37023	$970	$1,130	$1,390	$1,920	$2,320
37028	$800	$880	$1,090	$1,490	$1,810
37050	$990	$990	$1,220	$1,690	$2,040
37058	$700	$820	$1,010	$1,400	$1,690
37061	$990	$990	$1,220	$1,690	$2,040
37079	$990	$990	$1,220	$1,690	$2,040
37175	$740	$820	$1,020	$1,360	$1,580
37178	$740	$810	$1,010	$1,370	$1,650

Source: HUD FY2027 Small Area FMRs (effective October 1, 2026).

HUD income limits for Stewart County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $90,200 (FY2025: $88,800, +1.6%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$18,950 +9.5%	$21,650 +2.4%	$27,320 +2.5%	$33,000 +2.6%	$38,680 +2.7%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$31,550 +9.9%	$36,100 +9.9%	$40,600 +9.9%	$45,100 +9.9%	$48,700 +9.9%	$52,350 +9.9%	$55,950 +9.8%	$59,550 +9.9%
Low income (80%)	$50,550 +9.9%	$57,750 +9.8%	$64,950 +9.8%	$72,150 +9.8%	$77,950 +9.8%	$83,700 +9.8%	$89,500 +9.8%	$95,250 +9.8%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.