Rent by ZIP · Hamilton County
Rent in Chattanooga, TN 37407
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,130 (-4.2% vs FY2026). Renters in this ZIP code pay a median $942 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,000 | $1,030 | -2.9% | $900–1,100 | – |
| 1 bedroom | $1,040 | $1,070 | -2.8% | $936–1,144 | $625 ±$219 |
| 2 bedrooms | $1,130 | $1,180 | -4.2% | $1,017–1,243 | $880 ±$98 |
| 3 bedrooms | $1,400 | $1,470 | -4.8% | $1,260–1,540 | $1,362 ±$279 |
| 4 bedrooms | $1,490 | $1,570 | -5.1% | $1,341–1,639 | $1,149 ±$441 |
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 37407
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 |
|---|---|---|---|
| 37406 | Chattanooga | $1,160 | $932 |
| 37408 | Chattanooga | $1,690 | $1,657 |
| 37405 | Chattanooga | $1,690 | $1,488 |
| 37409 | Chattanooga | $1,440 | $1,458 |
| 37404 | Chattanooga | $1,270 | $1,047 |
| 37410 | Chattanooga | $1,070 | $761 |
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.