ZIP 37641 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 37641 in the Johnson City, TN MSA FMR area.

Johnson City, TN MSA

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,2603 bedrooms

$1,4004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$942
1 bedroom	$810	$729	$891	$948
2 bedrooms	$1,020	$918	$1,122	$1,211
3 bedrooms	$1,260	$1,134	$1,386	$1,461
4 bedrooms	$1,400	$1,260	$1,540	$1,609

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Greene County, TN

$800Efficiency

$8101 bedroom

$1,0202 bedrooms

$1,2603 bedrooms

$1,4004 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$693
1 bedroom	$810	$729	$891	$789
2 bedrooms	$1,020	$918	$1,122	$995
3 bedrooms	$1,260	$1,134	$1,386	$1,268
4 bedrooms	$1,400	$1,260	$1,540	$1,365

Housing authorities may set voucher payment standards from 90% to 110% of the FMR that applies to them.

Income in ZIP 37641

$56,555average adjusted gross income per tax return (2022)

$39,999average salaries and wages per return

4,050tax returns filed

22%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	31.4%
$25,000 to $50,000	28.4%
$50,000 to $75,000	16.0%
$75,000 to $100,000	10.6%
$100,000 to $200,000	10.9%
$200,000 or more	2.7%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 18.0% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 37641?

HUD's FY2027 Small Area FMRs for ZIP 37641 (Johnson City, TN MSA) are $800 efficiency, $810 one bedroom, $1,020 two bedrooms, $1,260 three and $1,400 four bedrooms.

What payment standard can a housing authority set in ZIP 37641?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $918 to $1,122.

How affordable is rent in ZIP 37641?

Tax returns filed from ZIP 37641 reported an average adjusted gross income of $56,555 (2022). A two-bedroom unit at the Small Area FMR costs $12,240 a year, or 22% of that income.