FY2026 Fair Market Rents — Bradley County
Studio
$850
1BR
$940
2BR
$1,233
3BR
$1,584
4BR
$1,633
Bradley County, Tennessee
FIPS 47011 · County-level FMR and income limit data
FMR Area: Cleveland, TN MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $850 | $10,200 |
| 1-Bedroom | $940 | $11,280 |
| 2-Bedroom | $1,233 | $14,796 |
| 3-Bedroom | $1,584 | $19,008 |
| 4-Bedroom | $1,633 | $19,596 |
To afford the FY2026 2-bedroom FMR of $1,233/mo under the 30%-of-income rule, a household needs about
$49,320/yr ($4,110/mo). Area Median Income is $91,700.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 131 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $850 | $940 | $1,233 | $1,584 | $1,633 |
| FY2025 | $830 | $922 | $1,210 | $1,579 | $1,604 |
| FY2024 | $789 | $848 | $1,114 | $1,462 | $1,529 |
| FY2023 | $661 | $707 | $931 | $1,221 | $1,319 |
| FY2022 | $570 | $631 | $830 | $1,079 | $1,224 |
| FY2021 | $536 | $617 | $813 | $1,056 | $1,212 |
| FY2020 | $526 | $613 | $807 | $1,029 | $1,214 |
FY2026 Income Limits
Area Median Income: $91,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,200 | $21,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,950 | $36,500 | $41,050 | $45,650 | $49,250 | $52,950 |
| 80% AMI | $51,100 | $58,400 | $65,700 | $73,000 | $78,850 | $84,700 |