FY2026 Fair Market Rents — Pickett County
Studio
$725
1BR
$730
2BR
$958
3BR
$1,149
4BR
$1,335
Pickett County, Tennessee
FIPS 47137 · County-level FMR and income limit data
FMR Area: Pickett County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $725 | $8,700 |
| 1-Bedroom | $730 | $8,760 |
| 2-Bedroom | $958 | $11,496 |
| 3-Bedroom | $1,149 | $13,788 |
| 4-Bedroom | $1,335 | $16,020 |
To afford the FY2026 2-bedroom FMR of $958/mo under the 30%-of-income rule, a household needs about
$38,320/yr ($3,193/mo). Area Median Income is $65,300.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 102 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $725 | $730 | $958 | $1,149 | $1,335 |
| FY2025 | $707 | $712 | $934 | $1,125 | $1,308 |
| FY2024 | $725 | $729 | $913 | $1,104 | $1,282 |
| FY2023 | $614 | $618 | $779 | $948 | $1,096 |
| FY2022 | $511 | $532 | $676 | $836 | $979 |
| FY2021 | $501 | $519 | $663 | $825 | $980 |
| FY2020 | $492 | $509 | $649 | $809 | $969 |
FY2026 Income Limits
Area Median Income: $65,300
| 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 |