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Rent by ZIP · Hamilton County

Rent in Chattanooga, TN 37416

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,290 (-5.1% vs FY2026). Renters in this ZIP code pay a median $1,119 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,140$1,180-3.4%$1,026–1,254–
1 bedroom$1,190$1,240-4%$1,071–1,309$1,096 ±$101
2 bedrooms$1,290$1,360-5.1%$1,161–1,419$1,099 ±$101
3 bedrooms$1,600$1,700-5.9%$1,440–1,760$1,252 ±$288
4 bedrooms$1,700$1,810-6.1%$1,530–1,870–

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 37416

Median gross rent$1,119±$70 · all sizes
Renter households2,43540% of occupied homes
No cash rent59households

How rents are spread

Under $1,00035%
$1,000–1,49949%
$1,500–1,99915%
$2,000–2,4992%
$2,500–2,9990%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
37415Chattanooga$1,500$1,337
37419Chattanooga$1,250$980
37412Chattanooga$1,330$1,116
37411Chattanooga$1,260$1,110
37421Chattanooga$1,730$1,420
37410Chattanooga$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.