FY2026 Fair Market Rents — Hamilton County
Studio
$1,211
1BR
$1,263
2BR
$1,390
3BR
$1,734
4BR
$1,853
Hamilton County, Tennessee
FIPS 47065 · County-level FMR and income limit data
FMR Area: Chattanooga, TN-GA MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,211 | $14,532 |
| 1-Bedroom | $1,263 | $15,156 |
| 2-Bedroom | $1,390 | $16,680 |
| 3-Bedroom | $1,734 | $20,808 |
| 4-Bedroom | $1,853 | $22,236 |
To afford the FY2026 2-bedroom FMR of $1,390/mo under the 30%-of-income rule, a household needs about
$55,600/yr ($4,633/mo). Area Median Income is $97,400.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 148 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,211 | $1,263 | $1,390 | $1,734 | $1,853 |
| FY2025 | $1,231 | $1,284 | $1,426 | $1,796 | $1,942 |
| FY2024 | $1,068 | $1,085 | $1,232 | $1,569 | $1,784 |
| FY2023 | $910 | $919 | $1,067 | $1,372 | $1,619 |
| FY2022 | $721 | $742 | $883 | $1,148 | $1,380 |
| FY2021 | $636 | $694 | $838 | $1,092 | $1,306 |
| FY2020 | $599 | $686 | $832 | $1,081 | $1,305 |
FY2026 Income Limits
Area Median Income: $97,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |