FY2026 Fair Market Rents — McMinn County
Studio
$725
1BR
$845
2BR
$926
3BR
$1,151
4BR
$1,226
McMinn County, Tennessee
FIPS 47107 · County-level FMR and income limit data
FMR Area: McMinn County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $725 | $8,700 |
| 1-Bedroom | $845 | $10,140 |
| 2-Bedroom | $926 | $11,112 |
| 3-Bedroom | $1,151 | $13,812 |
| 4-Bedroom | $1,226 | $14,712 |
To afford the FY2026 2-bedroom FMR of $926/mo under the 30%-of-income rule, a household needs about
$37,040/yr ($3,087/mo). Area Median Income is $79,200.
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 | $725 | $845 | $926 | $1,151 | $1,226 |
| FY2025 | $676 | $835 | $946 | $1,177 | $1,254 |
| FY2024 | $719 | $813 | $950 | $1,234 | $1,265 |
| FY2023 | $668 | $716 | $839 | $1,123 | $1,127 |
| FY2022 | $584 | $610 | $699 | $944 | $948 |
| FY2021 | $541 | $612 | $698 | $943 | $947 |
| FY2020 | $492 | $570 | $649 | $876 | $879 |
FY2026 Income Limits
Area Median Income: $79,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,650 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,750 | $31,700 | $35,650 | $39,600 | $42,800 | $45,950 |
| 80% AMI | $44,350 | $50,700 | $57,050 | $63,350 | $68,450 | $73,500 |