FY2026 Fair Market Rents — Gibson County
Studio
$645
1BR
$706
2BR
$927
3BR
$1,289
4BR
$1,555
Gibson County, Tennessee
FIPS 47053 · County-level FMR and income limit data
FMR Area: Gibson County, TN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $645 | $7,740 |
| 1-Bedroom | $706 | $8,472 |
| 2-Bedroom | $927 | $11,124 |
| 3-Bedroom | $1,289 | $15,468 |
| 4-Bedroom | $1,555 | $18,660 |
To afford the FY2026 2-bedroom FMR of $927/mo under the 30%-of-income rule, a household needs about
$37,080/yr ($3,090/mo). Area Median Income is $77,100.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 99 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $645 | $706 | $927 | $1,289 | $1,555 |
| FY2025 | $672 | $709 | $904 | $1,267 | $1,517 |
| FY2024 | $654 | $722 | $861 | $1,213 | $1,461 |
| FY2023 | $556 | $605 | $747 | $1,041 | $1,272 |
| FY2022 | $470 | $569 | $708 | $962 | $1,212 |
FY2026 Income Limits
Area Median Income: $77,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,400 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,300 | $31,200 | $35,100 | $39,000 | $42,150 | $45,250 |
| 80% AMI | $43,700 | $49,950 | $56,200 | $62,400 | $67,400 | $72,400 |