FY2026 Fair Market Rents — Chattanooga, TN-GA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,211
1BR
$1,263
2BR
$1,390
3BR
$1,734
4BR
$1,853
Hours/week at min wage
148 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-2.5%
$36 vs FY2025 · 5-yr +65.9%
Voucher payment standard
$1,251–$1,529
PHAs set HCV payment at 90–110% of the 2BR FMR
Chattanooga, TN-GA MSA
Non-Metropolitan area · GA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,211 | $14,532 |
| 1-Bedroom | $1,263 | $15,156 |
| 2-Bedroom | $1,390 | $16,680 |
| 3-Bedroom | $1,734 | $20,808 |
| 4-Bedroom | $1,853 | $22,236 |
Recent 2-Bedroom FMR Trend
FY2020 $832 → FY2026 $1,390
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,211 | $1,263 | $1,390 | $1,734 | $1,853 |
| FY2025 | $1,231 | $1,284 | $1,426 | $1,796 | $1,942 |
| FY2024 | $1,068 | $1,085 | $1,232 | $1,569 | $1,784 |
| FY2023 | $910 | $919 | $1,067 | $1,372 | $1,619 |
| FY2022 | $721 | $742 | $883 | $1,148 | $1,380 |
| FY2021 | $636 | $694 | $838 | $1,092 | $1,306 |
| FY2020 | $599 | $686 | $832 | $1,081 | $1,305 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $97,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI (Low) | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$16,680/yr
FMR as % of Area Median Income
17.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$55,600/yr
$4,633/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $852 | $974 | $1,095 | $1,314 | $1,412 |
| 60% AMI Maximum | $1,022 | $1,168 | $1,314 | $1,577 | $1,694 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $1,211 | $1,263 | $1,390 | $1,582 | $1,582 |
| Low HOME Rent | $852 | $975 | $1,096 | $1,217 | $1,315 |
Compare Chattanooga, TN-GA MSA With Other GA Metros
vs. Albany, GA MSA
vs. Athens-Clarke County, GA MSA
vs. Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
vs. Augusta-Richmond County, GA-SC HUD Metro FMR Area
vs. Brunswick, GA MSA