What is the Fair Market Rent in Farragut, TN?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 37934, which covers Farragut, is $2,210 a month.

Across the whole Knoxville, TN HUD Metro FMR Area the two-bedroom figure is $1,475.

The Census Bureau’s median gross rent for a two-bedroom home in Farragut is $1,553 (±$573), below the Small Area figure for ZIP 37934.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,475
2 bedrooms, ZIP 37934: $2,210

Fair Market Rents for Farragut, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	Studio	1 bedroom	2 bedrooms	3 bedrooms	4 bedrooms	Census median rent
Knoxville, TN HUD Metro FMR Area (whole area)	$1,171	$1,178	$1,475	$1,844	$2,122	—
ZIP 37934 (86% of the ZIP’s land is in this place)	$1,750	$1,770	$2,210	$2,760	$3,180	$2,012

A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.

Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.

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Questions about Farragut

What is the Section 8 payment standard in Farragut?

Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Knoxville, TN HUD Metro FMR Area is $1,475, and the Small Area figure for 37934 is $2,210.

What is the Fair Market Rent for a two-bedroom in ZIP 37934?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 37934 is $2,210 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $2,012 (±$186).

What is the Fair Market Rent for a one-bedroom in Farragut?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 37934 is $1,770 a month, against $1,178 across the Knoxville, TN HUD Metro FMR Area.

Sources

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.