Rent by ZIP · Hamilton County
Rent in Chattanooga, TN 37406
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,160 (-3.3% vs FY2026). Renters in this ZIP code pay a median $982 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,020 | $1,050 | -2.9% | $918–1,122 | – |
| 1 bedroom | $1,070 | $1,090 | -1.8% | $963–1,177 | $850 ±$258 |
| 2 bedrooms | $1,160 | $1,200 | -3.3% | $1,044–1,276 | $932 ±$50 |
| 3 bedrooms | $1,430 | $1,500 | -4.7% | $1,287–1,573 | $1,155 ±$175 |
| 4 bedrooms | $1,520 | $1,600 | -5% | $1,368–1,672 | $1,375 ±$327 |
Small Area FMRs for the Chattanooga, TN-GA MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Chattanooga, TN-GA MSA, 2 bedrooms: $1,340.
What renters pay in 37406
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 37405 | Chattanooga | $1,690 | $1,488 |
| 37407 | Chattanooga | $1,130 | $880 |
| 37404 | Chattanooga | $1,270 | $1,047 |
| 37408 | Chattanooga | $1,690 | $1,657 |
| 37403 | Chattanooga | $1,620 | $1,699 |
| 37409 | Chattanooga | $1,440 | $1,458 |
Fair Market Rents across Hamilton County, TN · All TN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.