PlainRent

Wayne County

FY 2026 HUD Fair Market Rents in Tennessee. Population: 16,325.

Fair Market Rents (2026)

Studio
National avg: $893
$700/mo
↑ 2.8% YoY -22% vs US
1 Bedroom
National avg: $959
$705/mo
↑ 2.9% YoY -26% vs US
2 Bedroom
National avg: $1,175
$925/mo
↑ 2.9% YoY -21% vs US
3 Bedroom
National avg: $1,525
$1,109/mo
↑ 2.4% YoY -27% vs US
4 Bedroom
National avg: $1,756
$1,289/mo
↑ 8.1% YoY -27% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $681 $700 +$19 (+2.8%)
1 Bedroom $685 $705 +$20 (+2.9%)
2 Bedroom $899 $925 +$26 (+2.9%)
3 Bedroom $1,083 $1,109 +$26 (+2.4%)
4 Bedroom $1,192 $1,289 +$97 (+8.1%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$28,200
$2,350/month gross
Required annual income for 2 BR
$37,000
$3,083/month gross

Other Counties in Tennessee

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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.