Tennessee · FIPS 47103 · HUD FY 2027
Lincoln County, Tennessee Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Lincoln County is $995 a month (rent plus utilities), 28% below the Tennessee average of $1,381 and 43% below the U.S. average of $1,761. That is up $70 (7.6%) from FY 2026. At 30% of income, a household needs about $39,800 a year to afford it.
- $9952-bedroom FMR+$70 (+7.6%) vs FY 2026
- $8821-bedroom FMRTennessee: $1,196 · U.S.: $1,478
- $39,800Income for a 2-bedroom$19/hour full-time
- 56 of 952BR rank in Tennessee1 = highest rent
| Unit | Lincoln County FY 2027 | FY 2026 | Change | Tennessee avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $761 | $724 | +$37 (+5.1%) | $1,141 | $1,379 | $30,440 |
| 1 bedroom | $882 | $844 | +$38 (+4.5%) | $1,196 | $1,478 | $35,280 |
| 2 bedrooms | $995 | $925 | +$70 (+7.6%) | $1,381 | $1,761 | $39,800 |
| 3 bedrooms | $1,363 | $1,286 | +$77 (+6.0%) | $1,771 | $2,266 | $54,520 |
| 4 bedrooms | $1,528 | $1,289 | +$239 (+18.5%) | $2,054 | $2,607 | $61,120 |
How Lincoln County compares
- Lincoln County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Tennessee, 2-bedroom FMRs run from $995 (Weakley County) to $1,798 (Cannon County).
- Studio to 4-bedroom: $761, $882, $995, $1,363, $1,528. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 10 ZIP codes mostly in Lincoln County (by land area), the 2-bedroom figure ranges from $1,000 to $1,220.
Small Area FMRs by ZIP code in Lincoln County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 37144 | $900 | $1,010 | $1,180 | $1,600 | $1,750 | +$240 (+25.5%) | 19% above |
| 37328 | $790 | $910 | $1,040 | $1,420 | $1,600 | +$90 (+9.5%) | 5% above |
| 37334 | $770 | $890 | $1,010 | $1,380 | $1,550 | +$70 (+7.4%) | 2% above |
| 37335 | $760 | $880 | $1,000 | $1,360 | $1,530 | +$70 (+7.5%) | 1% above |
| 37348 | $770 | $890 | $1,010 | $1,370 | $1,540 | +$70 (+7.4%) | 2% above |
| 37359 | $770 | $840 | $1,020 | $1,380 | $1,500 | +$80 (+8.5%) | 3% above |
| 38449 | $930 | $1,020 | $1,220 | $1,580 | $1,790 | −$10 (−0.8%) | 23% above |
| 38453 | $870 | $950 | $1,150 | $1,470 | $1,670 | +$50 (+4.5%) | 16% above |
| 38459 | $850 | $940 | $1,120 | $1,470 | $1,640 | +$170 (+17.9%) | 13% above |
| 38488 | $760 | $880 | $1,000 | $1,360 | $1,530 | −$10 (−1.0%) | 1% above |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.