ZIP 37711 Fair Market Rent FY2027

Small Area Fair Market Rents for ZIP code 37711 in the Kingsport-Bristol, TN-VA MSA FMR area.

Kingsport-Bristol, TN-VA MSA

$800Efficiency

$8001 bedroom

$1,0302 bedrooms

$1,3003 bedrooms

$1,6504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$760
1 bedroom	$800	$720	$880	$845
2 bedrooms	$1,030	$927	$1,133	$1,091
3 bedrooms	$1,300	$1,170	$1,430	$1,375
4 bedrooms	$1,650	$1,485	$1,815	$1,465

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

Morristown, TN

$800Efficiency

$8001 bedroom

$1,0302 bedrooms

$1,3003 bedrooms

$1,6504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$906
1 bedroom	$800	$720	$880	$912
2 bedrooms	$1,030	$927	$1,133	$1,153
3 bedrooms	$1,300	$1,170	$1,430	$1,405
4 bedrooms	$1,650	$1,485	$1,815	$1,838

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

Greene County, TN

$800Efficiency

$8001 bedroom

$1,0302 bedrooms

$1,3003 bedrooms

$1,6504 bedrooms

Payment standard range

Unit size	SAFMR	90%	110%	Metro FMR
Efficiency	$800	$720	$880	$693
1 bedroom	$800	$720	$880	$789
2 bedrooms	$1,030	$927	$1,133	$995
3 bedrooms	$1,300	$1,170	$1,430	$1,268
4 bedrooms	$1,650	$1,485	$1,815	$1,365

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

Income in ZIP 37711

$48,472average adjusted gross income per tax return (2022)

$36,833average salaries and wages per return

2,250tax returns filed

25%of average income for a 2-bedroom SAFMR

Adjusted gross income	Share of returns
$1 to $25,000	35.6%
$25,000 to $50,000	28.9%
$50,000 to $75,000	15.6%
$75,000 to $100,000	9.8%
$100,000 to $200,000	8.9%
$200,000 or more	1.3%

IRS Statistics of Income, individual income tax returns by ZIP code, tax year 2022. 23.6% of returns claimed the Earned Income Tax Credit.

Questions and answers

What is the Small Area Fair Market Rent for ZIP code 37711?

HUD's FY2027 Small Area FMRs for ZIP 37711 (Kingsport-Bristol, TN-VA MSA) are $800 efficiency, $800 one bedroom, $1,030 two bedrooms, $1,300 three and $1,650 four bedrooms.

What payment standard can a housing authority set in ZIP 37711?

Public housing agencies may set voucher payment standards between 90% and 110% of the Small Area FMR – for a two-bedroom unit $927 to $1,133.

How affordable is rent in ZIP 37711?

Tax returns filed from ZIP 37711 reported an average adjusted gross income of $48,472 (2022). A two-bedroom unit at the Small Area FMR costs $12,360 a year, or 25% of that income.