HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Jefferson County, Tennessee (FY 2026)
A two-bedroom in Jefferson County carries a FY 2026 Fair Market Rent of $1,135 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Jefferson keys off that figure.
2 bedroom FMR
$1,135
FY 2026, utilities included
Payment standard range
$1,022 to $1,249
90% to 110% of FMR
Income to afford 2BR
$45,400
per year, at 30% of income
Rank in Tennessee
30th of 95
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Jefferson moves to $1,153. That's up 2%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Jefferson actually rent for?
Search any address in Jefferson for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $881 | $793 to $969 | $35,240 | $16.94/hr | +7.4% |
| 1 bedroom | $887 | $798 to $976 | $35,480 | $17.06/hr | +7.5% |
| 2 bedroom | $1,135 | $1,022 to $1,249 | $45,400 | $21.83/hr | +6.2% |
| 3 bedroom | $1,444 | $1,300 to $1,588 | $57,760 | $27.77/hr | +3.0% |
| 4 bedroom | $1,827 | $1,644 to $2,010 | $73,080 | $35.13/hr | +4.3% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,101 | $1,891 to $2,311 |
| 6 bedroom Estimate | $2,375 | $2,138 to $2,613 |
| 7 bedroom Estimate | $2,649 | $2,384 to $2,914 |
| 8 bedroom Estimate | $2,923 | $2,631 to $3,215 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Jefferson, that runs from $881 for a studio up to $1,827 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Jefferson in with one other county in the Morristown metro, Hamblen County among them, and every one of them gets $1,135 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Tennessee's 95 counties, Jefferson ranks 30th for two-bedroom FMR. That's about 16% above the state median of $975 and about 11% above the national median county at $1,018. About 55,017 people live here, 28th in the state.
Counties sharing the Morristown metro rate
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,040 in 37820 (New Market) and $1,170 in 37725 (Dandridge), with the 5 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Jefferson somewhere between $1,022 and $1,249. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,135 a month is affordable, by HUD's 30% rule, on an income of roughly $45,400 a year. Put another way, $22 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($1,022) | HAP at 100% ($1,135) | HAP at 110% ($1,249) |
|---|---|---|---|---|
| $2,500 | $750 | $272 | $385 | $499 |
| $4,000 | $1,200 | $0 | $0 | $49 |
Rate history
The two-bedroom rate went up 6% from FY 2025 ($1,069) to FY 2026 ($1,135). Since FY 2020 it's up 54% in total, about 7.4% a year. The Tennessee median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $557 | $560 | $738 | $996 | $1,000 | — |
| FY 2021 | $568 | $571 | $753 | $1,028 | $1,032 | +2.0% |
| FY 2022 | $577 | $581 | $763 | $1,054 | $1,128 | +1.3% |
| FY 2023 | $632 | $636 | $828 | $1,132 | $1,298 | +8.5% |
| FY 2024 | $787 | $792 | $1,023 | $1,375 | $1,653 | +23.6% |
| FY 2025 | $820 | $825 | $1,069 | $1,402 | $1,751 | +4.5% |
| FY 2026 | $881 | $887 | $1,135 | $1,444 | $1,827 | +6.2% |
| FY 2027 | $906 | $912 | $1,153 | $1,405 | $1,838 | +1.6% |
Nearby counties
Questions people ask
$1,135 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $881 for a studio, $887 for one bedroom, $1,444 for three and $1,827 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Jefferson actually go for?
HUD's number is one input. Search any address in Jefferson for a rent estimate built from nearby comps. 3 free searches, no card.
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