FY2026 Fair Market Rents — Grundy County
Studio
$724
1BR
$844
2BR
$925
3BR
$1,162
4BR
$1,289
Grundy County, Tennessee
FIPS 47061 · County-level FMR and income limit data
FMR Area: Grundy County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $724 | $8,688 |
| 1-Bedroom | $844 | $10,128 |
| 2-Bedroom | $925 | $11,100 |
| 3-Bedroom | $1,162 | $13,944 |
| 4-Bedroom | $1,289 | $15,468 |
To afford the FY2026 2-bedroom FMR of $925/mo under the 30%-of-income rule, a household needs about
$37,000/yr ($3,083/mo). Area Median Income is $56,400.
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 | $724 | $844 | $925 | $1,162 | $1,289 |
| FY2025 | $719 | $812 | $899 | $1,134 | $1,259 |
| FY2024 | $707 | $742 | $861 | $1,069 | $1,209 |
| FY2023 | $597 | $601 | $747 | $938 | $1,051 |
| FY2022 | $527 | $531 | $676 | $883 | $979 |
| FY2021 | $514 | $514 | $663 | $888 | $980 |
| FY2020 | $492 | $518 | $649 | $894 | $969 |
FY2026 Income Limits
Area Median Income: $56,400
| 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 |