Smith County
FY 2026 HUD Fair Market Rents in Tennessee. Population: 20,034.
Fair Market Rents (2026)
Studio
National avg: $893
$796/mo
↑ 0.4% YoY
-11% vs US
1 Bedroom
National avg: $959
$801/mo
↑ 0.4% YoY
-16% vs US
2 Bedroom
National avg: $1,175
$1,051/mo
↑ 0.4% YoY
-11% vs US
3 Bedroom
National avg: $1,525
$1,368/mo
↓ 1.1% YoY
-10% vs US
4 Bedroom
National avg: $1,756
$1,392/mo
↑ 0.3% YoY
-21% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $793 | $796 | +$3 (+0.4%) |
| 1 Bedroom | $798 | $801 | +$3 (+0.4%) |
| 2 Bedroom | $1,047 | $1,051 | +$4 (+0.4%) |
| 3 Bedroom | $1,383 | $1,368 | $-15 (-1.1%) |
| 4 Bedroom | $1,388 | $1,392 | +$4 (+0.3%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$32,040
$2,670/month gross
Required annual income for 2 BR
$42,040
$3,503/month gross
Other Counties in Tennessee
Wayne County
1 BR: $705/mo
Blount County
1 BR: $1,184/mo
Campbell County
1 BR: $722/mo
Union County
1 BR: $1,184/mo
Carter County
1 BR: $893/mo
Crockett County
1 BR: $842/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.