FY2026 Fair Market Rents — Putnam County
Studio
$752
1BR
$818
2BR
$1,014
3BR
$1,409
4BR
$1,557
Putnam County, Tennessee
FIPS 47141 · County-level FMR and income limit data
FMR Area: Putnam County, TN
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $752 | $9,024 |
| 1-Bedroom | $818 | $9,816 |
| 2-Bedroom | $1,014 | $12,168 |
| 3-Bedroom | $1,409 | $16,908 |
| 4-Bedroom | $1,557 | $18,684 |
To afford the FY2026 2-bedroom FMR of $1,014/mo under the 30%-of-income rule, a household needs about
$40,560/yr ($3,380/mo). Area Median Income is $89,500.
At TN's federal minimum wage of $7.25/hr, a worker would need to work 108 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $752 | $818 | $1,014 | $1,409 | $1,557 |
| FY2025 | $777 | $810 | $1,027 | $1,403 | $1,615 |
| FY2024 | $760 | $764 | $991 | $1,368 | $1,578 |
| FY2023 | $637 | $641 | $844 | $1,154 | $1,321 |
| FY2022 | $572 | $576 | $758 | $1,035 | $1,185 |
| FY2021 | $548 | $552 | $717 | $987 | $1,092 |
| FY2020 | $552 | $556 | $710 | $985 | $1,041 |
FY2026 Income Limits
Area Median Income: $89,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,650 | $35,000 | $39,400 | $43,800 | $47,350 | $50,850 |
| 80% AMI | $49,100 | $56,100 | $63,100 | $70,100 | $75,700 | $81,300 |