FY2026 Fair Market Rents — Giles County
Studio
$758
1BR
$763
2BR
$1,001
3BR
$1,200
4BR
$1,395
Giles County, Tennessee
FIPS 47055 · County-level FMR and income limit data
FMR Area: Giles County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $758 | $9,096 |
| 1-Bedroom | $763 | $9,156 |
| 2-Bedroom | $1,001 | $12,012 |
| 3-Bedroom | $1,200 | $14,400 |
| 4-Bedroom | $1,395 | $16,740 |
To afford the FY2026 2-bedroom FMR of $1,001/mo under the 30%-of-income rule, a household needs about
$40,040/yr ($3,337/mo). Area Median Income is $90,000.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 107 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $758 | $763 | $1,001 | $1,200 | $1,395 |
| FY2025 | $739 | $744 | $967 | $1,165 | $1,354 |
| FY2024 | $739 | $759 | $900 | $1,106 | $1,480 |
| FY2023 | $631 | $684 | $773 | $968 | $1,248 |
| FY2022 | $568 | $616 | $702 | $889 | $1,121 |
| FY2021 | $517 | $585 | $667 | $871 | $1,071 |
| FY2020 | $492 | $570 | $649 | $868 | $1,065 |
FY2026 Income Limits
Area Median Income: $90,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,900 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,500 | $36,000 | $40,500 | $45,000 | $48,600 | $52,200 |
| 80% AMI | $50,400 | $57,600 | $64,800 | $72,000 | $77,800 | $83,550 |