Hamilton County, TN

2024 Fair Market Rents

Tags: 2024 Chattanooga, TN-GA MSA

Return to the state page to see where Tennessee ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Hamilton County are Chattanooga, Hixson, Ooltewah, and Signal Mountain. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Hamilton County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Hamilton County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Hamilton County compare?

Hamilton County ($1,232) has a 18.9% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore a higher gross rent.

Hamilton County is rank 16th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 79 other counties. Hamilton County is the 16th most expensive county in terms of FMRs.

Rent Tables Hamilton County, TN

Fair Market Rent (40th Percentile)

$1,068
studio
$1,085
1-Bedroom
$1,232
2-Bedroom
$1,569
3-Bedroom
$1,784
4-Bedroom

Median Rent (50th Percentile)

$1,159
studio
$1,178
1-Bedroom
$1,337
2-Bedroom
$1,703
3-Bedroom
$1,936
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37302 $1,030 $1,050 $1,190 $1,520 $1,720
37304 $1,130 $1,150 $1,300 $1,660 $1,880
37308 $1,070 $1,100 $1,300 $1,670 $1,860
37315 $1,360 $1,380 $1,570 $2,000 $2,270
37341 $1,190 $1,210 $1,370 $1,740 $1,980
37343 $1,150 $1,170 $1,330 $1,690 $1,930
37350 $1,050 $1,070 $1,210 $1,540 $1,750
37351 $1,140 $1,160 $1,340 $1,710 $2,030
37363 $1,360 $1,380 $1,570 $2,000 $2,270
37373 $1,190 $1,210 $1,370 $1,740 $1,980
37377 $1,360 $1,380 $1,570 $2,000 $2,270
37384 $1,130 $1,150 $1,300 $1,660 $1,880
37401 $1,130 $1,150 $1,300 $1,660 $1,880
37402 $1,010 $1,020 $1,160 $1,480 $1,680
37403 $1,230 $1,250 $1,420 $1,810 $2,060
37404 $950 $960 $1,090 $1,390 $1,580
37405 $1,270 $1,290 $1,470 $1,870 $2,130
37406 $910 $920 $1,050 $1,340 $1,520
37407 $930 $940 $1,070 $1,360 $1,550
37408 $1,160 $1,180 $1,340 $1,710 $1,940
37409 $1,050 $1,070 $1,210 $1,540 $1,750
37410 $870 $880 $1,000 $1,270 $1,450
37411 $1,010 $1,030 $1,170 $1,490 $1,690
37412 $1,080 $1,090 $1,240 $1,580 $1,800
37414 $1,130 $1,150 $1,300 $1,660 $1,880
37415 $1,210 $1,220 $1,390 $1,770 $2,010
37416 $1,110 $1,130 $1,280 $1,630 $1,850
37419 $950 $970 $1,100 $1,400 $1,590
37421 $1,410 $1,440 $1,630 $2,080 $2,360
37422 $1,130 $1,150 $1,300 $1,660 $1,880
37424 $1,130 $1,150 $1,300 $1,660 $1,880
37450 $1,130 $1,150 $1,300 $1,660 $1,880
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37302 $927 $945 $1,071 $1,368 $1,548
37304 $1,017 $1,035 $1,170 $1,494 $1,692
37308 $963 $990 $1,170 $1,503 $1,674
37315 $1,224 $1,242 $1,413 $1,800 $2,043
37341 $1,071 $1,089 $1,233 $1,566 $1,782
37343 $1,035 $1,053 $1,197 $1,521 $1,737
37350 $945 $963 $1,089 $1,386 $1,575
37351 $1,026 $1,044 $1,206 $1,539 $1,827
37363 $1,224 $1,242 $1,413 $1,800 $2,043
37373 $1,071 $1,089 $1,233 $1,566 $1,782
37377 $1,224 $1,242 $1,413 $1,800 $2,043
37384 $1,017 $1,035 $1,170 $1,494 $1,692
37401 $1,017 $1,035 $1,170 $1,494 $1,692
37402 $909 $918 $1,044 $1,332 $1,512
37403 $1,107 $1,125 $1,278 $1,629 $1,854
37404 $855 $864 $981 $1,251 $1,422
37405 $1,143 $1,161 $1,323 $1,683 $1,917
37406 $819 $828 $945 $1,206 $1,368
37407 $837 $846 $963 $1,224 $1,395
37408 $1,044 $1,062 $1,206 $1,539 $1,746
37409 $945 $963 $1,089 $1,386 $1,575
37410 $783 $792 $900 $1,143 $1,305
37411 $909 $927 $1,053 $1,341 $1,521
37412 $972 $981 $1,116 $1,422 $1,620
37414 $1,017 $1,035 $1,170 $1,494 $1,692
37415 $1,089 $1,098 $1,251 $1,593 $1,809
37416 $999 $1,017 $1,152 $1,467 $1,665
37419 $855 $873 $990 $1,260 $1,431
37421 $1,269 $1,296 $1,467 $1,872 $2,124
37422 $1,017 $1,035 $1,170 $1,494 $1,692
37424 $1,017 $1,035 $1,170 $1,494 $1,692
37450 $1,017 $1,035 $1,170 $1,494 $1,692
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37302 $1,133 $1,155 $1,309 $1,672 $1,892
37304 $1,243 $1,265 $1,430 $1,826 $2,068
37308 $1,177 $1,210 $1,430 $1,837 $2,046
37315 $1,496 $1,518 $1,727 $2,200 $2,497
37341 $1,309 $1,331 $1,507 $1,914 $2,178
37343 $1,265 $1,287 $1,463 $1,859 $2,123
37350 $1,155 $1,177 $1,331 $1,694 $1,925
37351 $1,254 $1,276 $1,474 $1,881 $2,233
37363 $1,496 $1,518 $1,727 $2,200 $2,497
37373 $1,309 $1,331 $1,507 $1,914 $2,178
37377 $1,496 $1,518 $1,727 $2,200 $2,497
37384 $1,243 $1,265 $1,430 $1,826 $2,068
37401 $1,243 $1,265 $1,430 $1,826 $2,068
37402 $1,111 $1,122 $1,276 $1,628 $1,848
37403 $1,353 $1,375 $1,562 $1,991 $2,266
37404 $1,045 $1,056 $1,199 $1,529 $1,738
37405 $1,397 $1,419 $1,617 $2,057 $2,343
37406 $1,001 $1,012 $1,155 $1,474 $1,672
37407 $1,023 $1,034 $1,177 $1,496 $1,705
37408 $1,276 $1,298 $1,474 $1,881 $2,134
37409 $1,155 $1,177 $1,331 $1,694 $1,925
37410 $957 $968 $1,100 $1,397 $1,595
37411 $1,111 $1,133 $1,287 $1,639 $1,859
37412 $1,188 $1,199 $1,364 $1,738 $1,980
37414 $1,243 $1,265 $1,430 $1,826 $2,068
37415 $1,331 $1,342 $1,529 $1,947 $2,211
37416 $1,221 $1,243 $1,408 $1,793 $2,035
37419 $1,045 $1,067 $1,210 $1,540 $1,749
37421 $1,551 $1,584 $1,793 $2,288 $2,596
37422 $1,243 $1,265 $1,430 $1,826 $2,068
37424 $1,243 $1,265 $1,430 $1,826 $2,068
37450 $1,243 $1,265 $1,430 $1,826 $2,068

Fair Market Rents on this page apply to the following cities in Hamilton County, Tennessee: Chattanooga, Hixson, Ooltewah, Signal Mountain, Harrison, Apison, Sale Creek, Birchwood, Lookout Mountain, Collegedale, Soddy Daisy, Lupton City, and Bakewell.

These Fair Market Rents also apply to the following ZIP codes in Hamilton County, Tennessee: 37421, 37343, 37363, 37415, 37412, 37377, 37411, 37416, 37341, 37405, 37406, 37404, 37407, 37419, 37302, 37373, 37409, 37410, 37308, and 37350.

Hamilton County, TN is considered part of the following metro FMR area: CHATTANOOGA, TN-GA MSA.

Other counties in the same metro FMR area are: Marion County, TN, and Sequatchie County, TN.

More on Hamilton County, TN

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Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.