Location: Campbell County, TN | Metro: Campbell County, TN HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,310 |
| 5 Bedrooms | $1,520 |
| 6 Bedrooms | $1,702 |
| 7 Bedrooms | $1,838 |
| 8 Bedrooms | $1,930 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,300 | $309,671 | 0.42% | F |
| 4BR | $1,310 | $407,583 | 0.32% | F |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 37757 reveals that the HUD Fair Market Rent (FMR) of $900 for FY 2024 is significantly higher than the average market rent of $704, based on Census ACS data. This indicates that landlords can expect to cashflow positively when accepting vouchers, as the FMR exceeds the typical rental rates in the area.
The median home value in ZIP 37757 stands at $288,753. To derive the rent-to-price ratio, we compare the average market rent of $704 to the median home value. This yields a ratio of approximately 0.24%, suggesting that rental income represents a small fraction of the property's value. However, this ratio is not particularly indicative of investment potential, as it does not account for the additional benefits of Section 8 tenancy, such as guaranteed rent payments and lower turnover rates.
The median Days on Market (DOM) for properties in this area is 61 days, and only 0.2% of listings experience price cuts. These metrics suggest that the housing market in ZIP 37757 is relatively stable, with few signs of distress. For landlords, this means that there is a consistent demand for rental properties, which can be leveraged to attract voucher tenants.
In conclusion, the strongest investor angle in ZIP 37757 is cashflow. With the HUD FMR well above the average market rent, landlords can secure positive cashflow positions while benefiting from the stability of the local housing market. This makes ZIP 37757 an attractive location for Section 8 investors seeking reliable returns.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.