FY2026 Fair Market Rents — Knox County
Studio
$1,177
1BR
$1,184
2BR
$1,471
3BR
$1,864
4BR
$2,172
Knox County, Tennessee
FIPS 47093 · County-level FMR and income limit data
FMR Area: Knoxville, TN HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,177 | $14,124 |
| 1-Bedroom | $1,184 | $14,208 |
| 2-Bedroom | $1,471 | $17,652 |
| 3-Bedroom | $1,864 | $22,368 |
| 4-Bedroom | $2,172 | $26,064 |
To afford the FY2026 2-bedroom FMR of $1,471/mo under the 30%-of-income rule, a household needs about
$58,840/yr ($4,903/mo). Area Median Income is $103,700.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 157 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,177 | $1,184 | $1,471 | $1,864 | $2,172 |
| FY2025 | $1,256 | $1,264 | $1,548 | $1,989 | $2,335 |
| FY2024 | $985 | $1,000 | $1,221 | $1,578 | $1,833 |
| FY2023 | $887 | $952 | $1,156 | $1,507 | $1,773 |
| FY2022 | $717 | $800 | $980 | $1,287 | $1,512 |
| FY2021 | $624 | $729 | $896 | $1,182 | $1,421 |
| FY2020 | $624 | $742 | $915 | $1,198 | $1,476 |
FY2026 Income Limits
Area Median Income: $103,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,800 | $24,900 | $28,000 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,300 | $41,500 | $46,700 | $51,850 | $56,000 | $60,150 |
| 80% AMI | $58,100 | $66,400 | $74,700 | $82,950 | $89,600 | $96,250 |