Fair Market Rent · Tennessee
Fair Market Rent in Smith County, TN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Smith County is $1,146 a month, +9% from FY2026. Smith County is part of the Smith County, TN HUD Metro FMR Area (a metro 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
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $870 | $796 | +9.3% | $783–957 |
| 1 bedroom | $876 | $801 | +9.4% | $788–964 |
| 2 bedrooms | $1,146 | $1,051 | +9% | $1,031–1,261 |
| 3 bedrooms | $1,407 | $1,368 | +2.9% | $1,266–1,548 |
| 4 bedrooms | $1,506 | $1,392 | +8.2% | $1,355–1,657 |
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 Smith County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 37030 | Carthage | $1,190 | $967 | $962 |
| 37145 | Pleasant Shade | $1,000 | $639 | $729 |
| 37151 | Riddleton | $1,220 | – | – |
| 38547 | Brush Creek | $1,060 | – | – |
| 38552 | Chestnut Mound | $1,150 | – | – |
| 38560 | Elmwood | $1,000 | – | $777 |
| 38563 | Gordonsville | $1,030 | $885 | $855 |
| 38567 | Hickman | $1,020 | – | – |
| 38569 | Lancaster | $1,020 | – | – |
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.