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Fair Market Rent · Tennessee

Fair Market Rent in Monroe County, TN

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$769studio
$8621 bedroom
$9952 bedrooms
$1,3033 bedrooms
$1,3084 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Monroe County is $995 a month, +7.6% from FY2026. Monroe County is part of the Monroe County, TN (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$769$684+12.4%$692–846
1 bedroom$862$764+12.8%$776–948
2 bedrooms$995$925+7.6%$896–1,094
3 bedrooms$1,303$1,220+6.8%$1,173–1,433
4 bedrooms$1,308$1,225+6.8%$1,177–1,439

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Monroe County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
37354Madisonville$1,050$784$788
37385Tellico Plains$1,110$575$681
37874Sweetwater$1,000$575$625
37885Vonore$1,310$1,277$911

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.