County FMR · HUD FY2026
Tipton County Fair Market Rent
HUD's FY2026 Fair Market Rent for Tipton County, TN - 20% above the US average.
- $1,154
- 1-bedroom FMR
- $1,274
- 2-bedroom FMR
- -4.4%
- YoY change
- +20%
- vs US avg
The verdict
Tipton is the 21st most expensive of 95 counties in Tennessee by 2-bedroom FMR; nationally it ranks #818 most expensive of 3,145 HUD counties.
- #818
- most expensive of 3,145 US counties (2BR)
- #21
- most expensive of 95 in Tennessee (2BR)
- +25%
- vs the state average
- $46,160
- income to afford it (30% rule)
Software Developers spend the smallest share of income on rent here (11.8%), while Fast Food and Counter Workers spend the most (49.7%).
FY 2026 HUD Fair Market Rent for Tipton County, TN. Verify with HUD →
The Fair Market Rent for a 1-bedroom apartment in Tipton County, Tennessee is $1,154 per month in FY 2026, according to the U.S. Department of Housing and Urban Development (HUD). A 2-bedroom costs $1,274/mo and a studio is $1,060/mo. This is 20% higher than the national average of $959 and 25% above the Tennessee average of $924.
Rent decreased4.4% from FY 2025 ($1,207), declining against the trend. A household needs about $46,160/year to stay under the 30% rent-to-income line.
Observed renter burden: 38.0% of the 5,143 renter households counted by ACS paid at least 30% of income in gross rent. This ACS 2023 household measure is distinct from HUD's FY2026 Fair Market Rent benchmark above.
Market slack: The ACS rental vacancy rate here is 3.0%, a tight rental market where HUD's annual FMR schedule can lag what landlords are actually asking.
Local labor market: The county's BLS unemployment rate has averaged 3.7% over the past 12 months, close to the typical US county range.
FY 2026 HUD Fair Market Rents in Tennessee. Population: 61,116. Population has held roughly steady over the past five years (-0.2%, Census ACS). That's slower than Tennessee's statewide growth of +5.0% over the same period.
FMR filing desk
Area TIPTON·COUNTY·TN·TN
Tipton County, TN: $1,154/mo 1BR · #818 of 3145 counties (2BR) · FY2026
- FMR-AREA TN
- 1BR-FMR $1,154
- 2BR-FMR $1,274
- RANK-MID #818
- YOY-DOWN -4.4%
- VSUS-ABOVE +20%
- VS-ST-HIGH +25% TN
- INC-ROOM 19%
- POP-MID 61K
- PHOTO-FINISH Shelby County
- VOUCH-90-110 $1,039–$1,269
- FY-2026 FY2026
Photo-finish peer: Shelby ($0 1BR gap)
Read with: Understanding rent burden
Fair Market Rents (2026)
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $1,105 | $1,060 | $-45 (-4.1%) |
| 1 Bedroom | $1,207 | $1,154 | $-53 (-4.4%) |
| 2 Bedroom | $1,355 | $1,274 | $-81 (-6.0%) |
| 3 Bedroom | $1,781 | $1,683 | $-98 (-5.5%) |
| 4 Bedroom | $2,086 | $1,959 | $-127 (-6.1%) |
Rent Burden Analysis
How much of household income goes to rent in Tipton County. The 30% threshold indicates cost burden.
How we calculate this
Rent burden = (FMR × 12) ÷ county median household income. Required income = (FMR × 12) ÷ 0.3, the federal 30%-of-gross-income rule HUD uses to define cost burden. Median household income is from the U.S. Census Bureau's American Community Survey; FMR is from HUD's FY2026 release. See methodology.
Where Tipton sits among every US county
2-bedroom Fair Market Rent vs. all 3,145 HUD counties
$1,274 Top 26% higher than 74% of 3,145 counties
Each bar is a $0.2K-wide band; taller bars hold more counties. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Department of Housing and Urban Development, Fair Market Rents · FY2026
How Tipton compares on 1-bedroom rent
1-bedroom FMR vs other Tennessee counties
- Davidson
Davidson County
$1,578 1BR FMR / mo
- Rutherford
Rutherford County
$1,578 1BR FMR / mo
- Williamson
Williamson County
$1,578 1BR FMR / mo
- Hamilton
Hamilton County
$1,263 1BR FMR / mo
- Knox
Knox County
$1,184 1BR FMR / mo
- Tipton
Tipton County
$1,154 1BR FMR / mo
- Shelby
Shelby County
$1,154 1BR FMR / mo
What this shows Tipton is highlighted. Nearby Tennessee counties by 1-bedroom FMR, highest to lowest: Davidson County ($1,578), Rutherford County ($1,578), Williamson County ($1,578), Hamilton County ($1,263), Knox County ($1,184), Tipton County (this county) ($1,154), Shelby County ($1,154).
Can Common Jobs Afford Rent Here?
Against a high local FMR of $1,154/mo, which of 15 common occupations still clear the 30% line using Tennessee BLS wages?
| Occupation | TN Salary | Rent Burden | Verdict |
|---|---|---|---|
| Software Developers | $117,340 | 11.8% | Affordable |
| General & Operations Managers | $102,850 | 13.5% | Affordable |
| Registered Nurses | $79,030 | 17.5% | Affordable |
| Accountants & Auditors | $75,500 | 18.3% | Affordable |
| Police & Sheriff's Patrol Officers | $59,410 | 23.3% | Affordable |
| Electricians | $59,190 | 23.4% | Affordable |
| Heavy & Tractor-Trailer Truck Drivers | $55,610 | 24.9% | Affordable |
| Paralegals & Legal Assistants | $55,270 | 25.1% | Affordable |
| Elementary School Teachers | $52,690 | 26.3% | Affordable |
| Customer Service Representatives | $40,130 | 34.5% | Stretched |
| Pharmacy Technicians | $38,130 | 36.3% | Stretched |
| Janitors & Cleaners | $31,220 | 44.4% | Stretched |
| Retail Salespersons | $30,770 | 45% | Stretched |
| Teaching Assistants | $28,030 | 49.4% | Stretched |
| Fast Food & Counter Workers | $27,840 | 49.7% | Stretched |
Rent Trends (2020–2026)
7-year Fair Market Rent history for Tipton County. Shows how HUD rental rates have changed over time.
Over the 6-year span HUD has tracked for Tipton (FY 2020-2026), the 1-bedroom Fair Market Rent has risen 52.8% overall, from $755 to $1,154. The path there hasn't been smooth: year-over-year moves have swung by as much as 27.1% (FY 2024), a volatility pattern that makes single-year comparisons a poor guide to the underlying trend.
| Year | Studio | 1 BR | 2 BR |
|---|---|---|---|
| FY 2026 ↓4.4% | $1,060 | $1,154 | $1,274 |
| FY 2025 ↑5.3% | $1,105 | $1,207 | $1,355 |
| FY 2024 ↑27.1% | $1,031 | $1,146 | $1,298 |
| FY 2023 ↑13.9% | $800 | $902 | $1,032 |
| FY 2022 ↑1.0% | $694 | $792 | $912 |
| FY 2021 ↑3.8% | $686 | $784 | $911 |
| FY 2020 | $665 | $755 | $884 |
Part of the Memphis, TN-MS-AR Metro Area
Tipton County is a outlying county of the Memphis, TN-MS-AR metropolitan statistical area, alongside 8 other metro-area counties.
Tipton County ranks #5 of 9 counties in this metro area by 1-bedroom FMR. Every county sharing this metro, highest to lowest: Shelby County ($1,154), DeSoto County ($1,154), Crittenden County ($1,154), Fayette County ($1,154), Tipton County (this county) ($1,154), Tunica County ($1,073), Marshall County ($846), Tate County ($830), Benton County ($768).
Nationwide peers by 2BR FMR & rent burden
Two PlainRent-derived comparison paths for Tipton County, both outside Tennessee so the link neighborhoods are not the same-state geography lattice above. Axes stay disjoint: burden peers exclude the FMR peer set.
Similar 2-bedroom FMR
Nearest HUD 2BR Fair Market Rents outside TN (FY2026).
Similar rent burden
Nearest 2BR FMR as a share of median household income (outside TN).
Nearby Counties in Tennessee
Largest counties by population in Tennessee
Showing the 8 largest of 94 other counties in Tennessee.
Frequently Asked Questions
What is the average rent in Tipton County?
The FY 2026 Fair Market Rent for a 1-bedroom in Tipton County is $1,154 per month. A 2-bedroom is $1,274 and a studio is $1,060.
How does Tipton County rent compare to the national average?
Rent in Tipton County is 20% above the national average. A 1-bedroom here costs $1,154 compared to $959 nationally.
Where does Tipton County rank nationally for Fair Market Rent?
According to HUD's FY 2026 Fair Market Rent schedule, Tipton County's 2-bedroom FMR of $1,274 ranks #818 most expensive among 3,145 HUD counties, placing it in the middle half of HUD counties.
What income do I need to afford rent in Tipton County?
Based on the 30% affordability rule, you need an annual income of at least $46,160 ($3,847/month) to afford a 1-bedroom at Fair Market Rent in Tipton County.
Is rent going up or down in Tipton County?
The 1-bedroom Fair Market Rent in Tipton County decreased by 4.4% from FY 2025 to FY 2026, going from $1,207 to $1,154.
Which jobs can afford rent in Tipton County?
Based on Tennessee BLS salary data and the 30% affordability rule, jobs like Software Developers, General and Operations Managers, Registered Nurses can afford a 1-bedroom at $1,154/mo. 9 of 15 common occupations are affordable here.
How much has rent changed in Tipton County over time?
The 1-bedroom Fair Market Rent in Tipton County went from $755 in FY 2020 to $1,154 in FY 2026, a total change of +52.8% over 6 years.
How does Fair Market Rent affect Section 8 vouchers in Tipton County?
In Tipton County, the FY 2026 FMR of $1,154/mo for a 1-bedroom sets the baseline that local housing authorities use for Section 8 payment standards.
What does Fair Market Rent mean for Tipton County?
For Tipton County, it's the specific 40th-percentile rent HUD publishes each year ($1,154/mo for a 1-bedroom in FY 2026).
Is the rental market tight or loose in Tipton County?
The ACS rental vacancy rate here is 3.0%, a tight rental market where HUD's annual FMR schedule can lag what landlords are actually asking.
What is the unemployment rate in Tipton County?
The county's BLS unemployment rate has averaged 3.7% over the past 12 months, close to the typical US county range.
Data sources
What this means for renters
Treat Tipton's FY2026 Fair Market Rent as HUD's affordability benchmark, not a single market quote.
- Budget to roughly 30% of income: the FY2026 1-bedroom FMR of $1,154 implies about $46,160/yr to rent without being cost-burdened. Run your numbers
- Tennessee counties vary widely around this figure - compare specific counties before assuming this applies to yours. Compare vs Shelby
- See where Tipton ranks nationally on rent. National rankings
Fair Market Rent is HUD's 40th-percentile policy benchmark used to set Housing Choice Voucher payment standards. Actual asking rents can run higher or lower, and HUD updates FMRs once a year. This site is informational and not financial or relocation advice.
Every figure on PlainRent is rendered directly from HUD's published Fair Market Rent records, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of FY 2026.