FY2026 Fair Market Rents — Anderson County

Studio
$1,177
1BR
$1,184
2BR
$1,471
3BR
$1,864
4BR
$2,172

Anderson County, Tennessee

FIPS 47001 · County-level FMR and income limit data

FMR Area: Knoxville, TN HUD Metro FMR Area

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,177 $14,124
1-Bedroom $1,184 $14,208
2-Bedroom $1,471 $17,652
3-Bedroom $1,864 $22,368
4-Bedroom $2,172 $26,064
To afford the FY2026 2-bedroom FMR of $1,471/mo under the 30%-of-income rule, a household needs about $58,840/yr ($4,903/mo). Area Median Income is $103,700.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 157 hours/week to afford that rent.

Recent FMR Trend

Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,177 $1,184 $1,471 $1,864 $2,172
FY2025 $1,256 $1,264 $1,548 $1,989 $2,335
FY2024 $985 $1,000 $1,221 $1,578 $1,833
FY2023 $887 $952 $1,156 $1,507 $1,773
FY2022 $717 $800 $980 $1,287 $1,512
FY2021 $624 $729 $896 $1,182 $1,421
FY2020 $624 $742 $915 $1,198 $1,476

Full FMR history →

FY2026 Income Limits

Area Median Income: $103,700

Income Level 1p 2p 3p 4p 5p 6p
30% AMI $21,800 $24,900 $28,000 $33,000 $38,680 $44,360
50% AMI $36,300 $41,500 $46,700 $51,850 $56,000 $60,150
80% AMI $58,100 $66,400 $74,700 $82,950 $89,600 $96,250

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