FY2026 Fair Market Rents — Cannon County
Studio
$1,507
1BR
$1,578
2BR
$1,730
3BR
$2,211
4BR
$2,696
Cannon County, Tennessee
FIPS 47015 · County-level FMR and income limit data
FMR Area: Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,507 | $18,084 |
| 1-Bedroom | $1,578 | $18,936 |
| 2-Bedroom | $1,730 | $20,760 |
| 3-Bedroom | $2,211 | $26,532 |
| 4-Bedroom | $2,696 | $32,352 |
To afford the FY2026 2-bedroom FMR of $1,730/mo under the 30%-of-income rule, a household needs about
$69,200/yr ($5,767/mo). Area Median Income is $116,100.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 184 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,507 | $1,578 | $1,730 | $2,211 | $2,696 |
| FY2025 | $1,589 | $1,650 | $1,827 | $2,308 | $2,840 |
| FY2024 | $1,404 | $1,442 | $1,619 | $2,035 | $2,482 |
| FY2023 | $1,218 | $1,245 | $1,406 | $1,758 | $2,173 |
| FY2022 | $1,079 | $1,100 | $1,253 | $1,587 | $1,975 |
| FY2021 | $998 | $1,031 | $1,197 | $1,539 | $1,930 |
| FY2020 | $898 | $957 | $1,136 | $1,484 | $1,822 |
FY2026 Income Limits
Area Median Income: $116,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,400 | $27,900 | $31,400 | $34,850 | $38,680 | $44,360 |
| 50% AMI | $40,650 | $46,450 | $52,250 | $58,050 | $62,700 | $67,350 |
| 80% AMI | $65,050 | $74,350 | $83,650 | $92,900 | $100,350 | $107,800 |