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)
National rank
#231
of 661 U.S. metros (top 36% most expensive)
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
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 |
Small Area FMRs by ZIP Code
This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $1,390. About SAFMRs →
All 71 ZIP codes in this area
30707
30710
30725
30726
30728
30731
30736
30738
30739
30740
30741
30742
30746
30747
30750
30752
30753
30755
30757
37110
37302
37304
37308
37311
37315
37327
37336
37338
37340
37341
37343
37347
37350
37351
37353
37356
37363
37365
37366
37367
37373
37374
37375
37377
37379
37380
37384
37387
37396
37397
37401
37402
37403
37404
37405
37406
37407
37408
37409
37410
37411
37412
37414
37415
37416
37419
37421
37422
37424
37450
38585
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