Loudon County, TN

2024 Fair Market Rents

Tags: 2024 Knoxville, TN HUD Metro FMR Area

Return to the state page to see where Tennessee ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Loudon County are Loudon, Sweetwater, Vonore, and Philadelphia. 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 Loudon County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Loudon 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 Loudon County compare?

Loudon County ($1,221) has a 17.9% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore a higher gross rent.

Loudon County is rank 19th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 76 other counties. Loudon County is the 19th most expensive county in terms of FMRs.

Rent Tables Loudon County, TN

Fair Market Rent (40th Percentile)

$985
studio
$1,000
1-Bedroom
$1,221
2-Bedroom
$1,578
3-Bedroom
$1,833
4-Bedroom

Median Rent (50th Percentile)

$1,062
studio
$1,077
1-Bedroom
$1,316
2-Bedroom
$1,701
3-Bedroom
$1,975
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
37774 $890 $900 $1,100 $1,420 $1,660
37846 $800 $860 $1,050 $1,360 $1,600
37874 $800 $860 $1,050 $1,360 $1,600
37885 $800 $860 $1,050 $1,360 $1,600
37774 $890 $900 $1,100 $1,420 $1,660
37846 $800 $860 $1,050 $1,360 $1,600
37874 $800 $860 $1,050 $1,360 $1,600
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37774 $801 $810 $990 $1,278 $1,494
37846 $720 $774 $945 $1,224 $1,440
37874 $720 $774 $945 $1,224 $1,440
37885 $720 $774 $945 $1,224 $1,440
37774 $801 $810 $990 $1,278 $1,494
37846 $720 $774 $945 $1,224 $1,440
37874 $720 $774 $945 $1,224 $1,440
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37774 $979 $990 $1,210 $1,562 $1,826
37846 $880 $946 $1,155 $1,496 $1,760
37874 $880 $946 $1,155 $1,496 $1,760
37885 $880 $946 $1,155 $1,496 $1,760
37774 $979 $990 $1,210 $1,562 $1,826
37846 $880 $946 $1,155 $1,496 $1,760
37874 $880 $946 $1,155 $1,496 $1,760

Fair Market Rents on this page apply to the following cities in Loudon County, Tennessee: Loudon, Sweetwater, Vonore, and Philadelphia.

These Fair Market Rents also apply to the following ZIP codes in Loudon County, Tennessee: 37774, 37874, 37885, and 37846.

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

Other counties in the same metro FMR area are: Anderson County, TN, Blount County, TN, Knox County, TN, and Union County, TN.

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