Cleveland, TN MSA
FY 2026 HUD Fair Market Rents for the Cleveland, TN MSA metro area. Population: 126,479.
Fair Market Rents (2026)
Studio
National avg: $893
$850/mo
↑ 2.4% YoY
-5% vs US
1 Bedroom
National avg: $959
$940/mo
↑ 2.0% YoY
-2% vs US
2 Bedroom
National avg: $1,175
$1,233/mo
↑ 1.9% YoY
+5% vs US
3 Bedroom
National avg: $1,525
$1,584/mo
↑ 0.3% YoY
+4% vs US
4 Bedroom
National avg: $1,756
$1,633/mo
↑ 1.8% YoY
-7% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $830 | $850 | +$20 (+2.4%) |
| 1 Bedroom | $922 | $940 | +$18 (+2.0%) |
| 2 Bedroom | $1,210 | $1,233 | +$23 (+1.9%) |
| 3 Bedroom | $1,579 | $1,584 | +$5 (+0.3%) |
| 4 Bedroom | $1,604 | $1,633 | +$29 (+1.8%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$37,600
$3,133/month gross
Required annual income for 2 BR
$49,320
$4,110/month gross
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.