Monroe County
FY 2026 HUD Fair Market Rents in Tennessee. Population: 46,489.
Fair Market Rents (2026)
Studio
National avg: $893
$684/mo
↑ 3.5% YoY
-23% vs US
1 Bedroom
National avg: $959
$764/mo
↑ 3.8% YoY
-20% vs US
2 Bedroom
National avg: $1,175
$925/mo
↑ 2.9% YoY
-21% vs US
3 Bedroom
National avg: $1,525
$1,220/mo
↓ 2.5% YoY
-20% vs US
4 Bedroom
National avg: $1,756
$1,225/mo
↓ 4.7% YoY
-30% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $661 | $684 | +$23 (+3.5%) |
| 1 Bedroom | $736 | $764 | +$28 (+3.8%) |
| 2 Bedroom | $899 | $925 | +$26 (+2.9%) |
| 3 Bedroom | $1,251 | $1,220 | $-31 (-2.5%) |
| 4 Bedroom | $1,285 | $1,225 | $-60 (-4.7%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$30,560
$2,547/month gross
Required annual income for 2 BR
$37,000
$3,083/month gross
Other Counties in Tennessee
Grainger County
1 BR: $717/mo
Wayne County
1 BR: $705/mo
Marshall County
1 BR: $793/mo
Bradley County
1 BR: $940/mo
Fayette County
1 BR: $1,154/mo
Warren County
1 BR: $735/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.