Location: Cumberland County, TN | Metro: Cumberland County, TN
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $800 |
| 2 Bedrooms | $1,040 |
| 3 Bedrooms | $1,410 |
| 4 Bedrooms | $1,430 |
| 5 Bedrooms | $1,659 |
| 6 Bedrooms | $1,858 |
| 7 Bedrooms | $2,007 |
| 8 Bedrooms | $2,107 |
The ZIP code 38557 is located in Crossville, Tennessee, and it primarily serves a specific facility along Old Jamestown Highway. Unfortunately, detailed demographic data such as population, percentage of renters, median income, and median home value are not available for this particular ZIP code due to its nature as a PO Box ZIP Code.
Moving to the economic side of the equation, the Fair Market Rent (FMR) for the metro area encompassing ZIP 38557 is set at $940 for fiscal year 2026. However, specific market rent data for ZIP 38557 is not available, which makes direct comparisons challenging. The lack of comprehensive data points suggests that this area may be less suited for a hands-off voucher operator who relies on broad trends and averages. Instead, a hands-on value-add buyer might find more opportunities here, given the potential for niche investments and the need to closely monitor and manage properties to ensure they align with the needs of the local community.
In conclusion, while ZIP 38557 lacks detailed demographic and economic data, the known FMR can guide investment decisions. For landlords and small-portfolio investors, this area calls for a more proactive approach, focusing on property management and value enhancement rather than relying solely on government vouchers.
Data Sources: FMR data from HUD (2027).
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.