Rent by ZIP · Knox County
Rent in Knoxville, TN 37938
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,490 (+2.1% vs FY2026). Renters in this ZIP code pay a median $1,353 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,180 | $1,170 | +0.9% | $1,062–1,298 | – |
| 1 bedroom | $1,190 | $1,180 | +0.8% | $1,071–1,309 | $920 ±$818 |
| 2 bedrooms | $1,490 | $1,460 | +2.1% | $1,341–1,639 | $1,320 ±$248 |
| 3 bedrooms | $1,860 | $1,860 | 0% | $1,674–2,046 | $1,428 ±$353 |
| 4 bedrooms | $2,140 | $2,170 | -1.4% | $1,926–2,354 | – |
Small Area FMRs for the Knoxville, TN HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Knoxville, TN HUD Metro FMR Area, 2 bedrooms: $1,475.
What renters pay in 37938
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 37934 | Knoxville | $2,210 | $1,351 |
| 37932 | Knoxville | $1,920 | $1,645 |
| 37931 | Knoxville | $1,850 | $1,485 |
| 37924 | Knoxville | $1,340 | $1,101 |
| 37923 | Knoxville | $1,770 | $1,398 |
| 37922 | Knoxville | $2,090 | $1,661 |
Fair Market Rents across Knox County, TN · All TN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.