Hamblen County, TN

2024 Fair Market Rents

Tags: 2024 Morristown, TN HUD Metro FMR Area

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The top four largest cities in Hamblen County are Morristown, Talbott, White Pine, and Russellville. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Hamblen County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Hamblen County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Hamblen County compare?

Hamblen County ($1,023) has a 1.3% lower FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore has a lower gross rent.

Hamblen County is rank 32nd out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 63 other counties. Hamblen County is the 32nd most expensive county in terms of FMRs.

Rent Tables Hamblen County, TN

Fair Market Rent (40th Percentile)

$787
studio
$792
1-Bedroom
$1,023
2-Bedroom
$1,375
3-Bedroom
$1,653
4-Bedroom

Median Rent (50th Percentile)

$835
studio
$841
1-Bedroom
$1,086
2-Bedroom
$1,460
3-Bedroom
$1,754
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37891 $690 $710 $910 $1,210 $1,440
37813 $770 $770 $1,000 $1,340 $1,620
37814 $810 $810 $1,050 $1,410 $1,700
37815 $790 $800 $1,030 $1,380 $1,660
37816 $790 $800 $1,030 $1,380 $1,660
37860 $660 $670 $860 $1,160 $1,390
37877 $820 $820 $1,060 $1,420 $1,710
37890 $770 $770 $1,000 $1,340 $1,620
37891 $690 $710 $910 $1,210 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37891 $621 $639 $819 $1,089 $1,296
37813 $693 $693 $900 $1,206 $1,458
37814 $729 $729 $945 $1,269 $1,530
37815 $711 $720 $927 $1,242 $1,494
37816 $711 $720 $927 $1,242 $1,494
37860 $594 $603 $774 $1,044 $1,251
37877 $738 $738 $954 $1,278 $1,539
37890 $693 $693 $900 $1,206 $1,458
37891 $621 $639 $819 $1,089 $1,296
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37891 $759 $781 $1,001 $1,331 $1,584
37813 $847 $847 $1,100 $1,474 $1,782
37814 $891 $891 $1,155 $1,551 $1,870
37815 $869 $880 $1,133 $1,518 $1,826
37816 $869 $880 $1,133 $1,518 $1,826
37860 $726 $737 $946 $1,276 $1,529
37877 $902 $902 $1,166 $1,562 $1,881
37890 $847 $847 $1,100 $1,474 $1,782
37891 $759 $781 $1,001 $1,331 $1,584

Fair Market Rents on this page apply to the following cities in Hamblen County, Tennessee: Morristown, Talbott, White Pine, Russellville, Whitesburg, and Lowland.

These Fair Market Rents also apply to the following ZIP codes in Hamblen County, Tennessee: 37814, 37813, 37877, 37890, 37860, 37891, 37815, 37778, and 37816.

Hamblen County, TN is considered part of the following metro FMR area: MORRISTOWN, TN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Jefferson County, TN.

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Fair Market Rents are published by the Department of Housing And Urban Development.