Madison County
FY 2026 HUD Fair Market Rents in Tennessee. Population: 98,644.
Fair Market Rents (2026)
Studio
National avg: $893
$869/mo
↑ 2.5% YoY
-3% vs US
1 Bedroom
National avg: $959
$960/mo
↑ 1.9% YoY
+0% vs US
2 Bedroom
National avg: $1,175
$1,260/mo
↑ 1.9% YoY
+7% vs US
3 Bedroom
National avg: $1,525
$1,677/mo
↑ 0.6% YoY
+10% vs US
4 Bedroom
National avg: $1,756
$1,758/mo
↑ 5.0% YoY
+0% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $848 | $869 | +$21 (+2.5%) |
| 1 Bedroom | $942 | $960 | +$18 (+1.9%) |
| 2 Bedroom | $1,236 | $1,260 | +$24 (+1.9%) |
| 3 Bedroom | $1,667 | $1,677 | +$10 (+0.6%) |
| 4 Bedroom | $1,674 | $1,758 | +$84 (+5.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$38,400
$3,200/month gross
Required annual income for 2 BR
$50,400
$4,200/month gross
Other Counties in Tennessee
Dyer County
1 BR: $778/mo
Gibson County
1 BR: $706/mo
Overton County
1 BR: $742/mo
Carter County
1 BR: $893/mo
Fayette County
1 BR: $1,154/mo
Macon County
1 BR: $887/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.