FY2026 Fair Market Rents — Henry County
Studio
$719
1BR
$723
2BR
$949
3BR
$1,138
4BR
$1,322
Henry County, Tennessee
FIPS 47079 · County-level FMR and income limit data
FMR Area: Henry County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $719 | $8,628 |
| 1-Bedroom | $723 | $8,676 |
| 2-Bedroom | $949 | $11,388 |
| 3-Bedroom | $1,138 | $13,656 |
| 4-Bedroom | $1,322 | $15,864 |
To afford the FY2026 2-bedroom FMR of $949/mo under the 30%-of-income rule, a household needs about
$37,960/yr ($3,163/mo). Area Median Income is $70,500.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 101 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $719 | $723 | $949 | $1,138 | $1,322 |
| FY2025 | $710 | $714 | $937 | $1,129 | $1,292 |
| FY2024 | $682 | $686 | $902 | $1,091 | $1,201 |
| FY2023 | $576 | $580 | $763 | $929 | $1,025 |
| FY2022 | $510 | $514 | $676 | $852 | $917 |
| FY2021 | $507 | $510 | $663 | $854 | $904 |
| FY2020 | $492 | $518 | $649 | $871 | $900 |
FY2026 Income Limits
Area Median Income: $70,500
| 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 |