ZIP 37657 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 37657 in the Johnson City, TN MSA FMR area.

$860Efficiency
$9401 bedroom
$1,1102 bedrooms
$1,3303 bedrooms
$1,6604 bedrooms

Payment standard range

Unit sizeSAFMR90%110%Metro FMR
Efficiency$860$774$946$942
1 bedroom$940$846$1,034$948
2 bedrooms$1,110$999$1,221$1,211
3 bedrooms$1,330$1,197$1,463$1,461
4 bedrooms$1,660$1,494$1,826$1,609

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

Income in ZIP 37657

$66,044average adjusted gross income per tax return (2022)
$41,524average salaries and wages per return
340tax returns filed
20%of average income for a 2-bedroom SAFMR
Adjusted gross incomeShare of returns
$1 to $25,00032.4%
$25,000 to $50,00026.5%
$50,000 to $75,00014.7%
$75,000 to $100,0008.8%
$100,000 to $200,00017.6%
$200,000 or more0.0%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 14.7% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 37657?

HUD's FY2027 Small Area FMRs for ZIP 37657 (Johnson City, TN MSA) are $860 efficiency, $940 one bedroom, $1,110 two bedrooms, $1,330 three and $1,660 four bedrooms.

What payment standard can a housing authority set in ZIP 37657?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $999 to $1,221.

How affordable is rent in ZIP 37657?

Tax returns filed from ZIP 37657 reported an average adjusted gross income of $66,044 (2022). A two-bedroom unit at the Small Area FMR costs $13,320 a year, or 20% of that income.