Montgomery County
FY 2026 HUD Fair Market Rents in Tennessee. Population: 222,305.
Fair Market Rents (2026)
Studio
National avg: $893
$1,090/mo
↑ 19.0% YoY
+22% vs US
1 Bedroom
National avg: $959
$1,094/mo
↑ 12.1% YoY
+14% vs US
2 Bedroom
National avg: $1,175
$1,346/mo
↑ 9.5% YoY
+15% vs US
3 Bedroom
National avg: $1,525
$1,871/mo
↑ 8.7% YoY
+23% vs US
4 Bedroom
National avg: $1,756
$2,258/mo
↑ 9.4% YoY
+29% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $916 | $1,090 | +$174 (+19.0%) |
| 1 Bedroom | $976 | $1,094 | +$118 (+12.1%) |
| 2 Bedroom | $1,229 | $1,346 | +$117 (+9.5%) |
| 3 Bedroom | $1,722 | $1,871 | +$149 (+8.7%) |
| 4 Bedroom | $2,064 | $2,258 | +$194 (+9.4%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$43,760
$3,647/month gross
Required annual income for 2 BR
$53,840
$4,487/month gross
Other Counties in Tennessee
Warren County
1 BR: $735/mo
Chester County
1 BR: $960/mo
Decatur County
1 BR: $736/mo
Rhea County
1 BR: $705/mo
Wilson County
1 BR: $1,578/mo
Blount County
1 BR: $1,184/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.