2026–27 Section 8 Rent Limits for 37840

Oliver Springs, TN • Morgan County • Source: SAFMR

TN

How much will Section 8 pay for rent in 37840?

HUD's FY2027 Small Area Fair Market Rents for 37840 (Oliver Springs, TN), effective October 1, 2026, are $830 for a studio, $830 for 1 bedroom, $1,040 for 2 bedrooms, $1,380 for 3 bedrooms and $1,480 for 4 bedrooms a month. These are gross rents: rent plus any utilities the tenant pays.

Your housing authority turns these into its payment standard — the most the voucher counts toward rent — normally between 90% and 110% of HUD's figure, so about $936–$1,144 for a 2-bedroom here. Moving to Work agencies can set theirs outside that range. You usually pay about 30% of your adjusted income plus any amount the gross rent is above the payment standard, and at move-in your share can't exceed 40% of adjusted monthly income. Confirm the amount with your housing authority.

HUD Small Area FMRs by bedroom (FY2027)

Monthly gross rent figures published by HUD for 37840, effective October 1, 2026. They are the benchmark for payment standards, not a cap on the rent a landlord can charge.

Unit Size HUD figure (monthly)
Studio $830
1 Bedroom $830
2 Bedroom $1,040
3 Bedroom $1,380
4 Bedroom $1,480
Effective date: 2026-10-01. Always confirm with your local PHA.

Voucher amounts nationwide by unit size: Studio · 1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom

Do you qualify? See the Morgan County income limits for Section 8.

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