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RentData.org Logo Chattanooga Fair Market Rent FY 2017 Chattanooga, TN-GA MSA Rental Data

Fair Market Rent Prices in Chattanooga, GA :
$562 $661 $822 $1,084 $1,343
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Chattanooga are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chattanooga is $822 per month.

The previous year, rent for a two-bedroom home was $767 per month. This is a 7.17% increase year-over-year.

This FMR rate applies to Graysville, GA, Lupton City, TN, Whiteside, TN, Bakewell, TN, Guild, TN, Soddy Daisy, TN, Wildwood, GA, Collegedale, TN, Birchwood, TN, Sale Creek, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO16860M16860.

Additionally, This Fair Market Rent (FMR) area Chattanooga, TN-GA MSA spans six counties or cities in which ares listed in the table below. Estimated population of Chattanooga, TN-GA MSA FMR area is 528,143 people based on latest Census data.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Chattanooga. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Chattanooga

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 600
1-BR 1-Bedroom $ 706
2-BR 2-Bedroom $ 878
3-BR 3-Bedroom $ 1158
4-BR 4-Bedroom $ 1435
Change Year:

The counties, cities, towns, and regions listed below fall into the Chattanooga, TN-GA MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Chattanooga.

County / Region Est. Population
Catoosa County, GA Metro 63,942
Dade County, GA Metro 16,633
Walker County, GA Metro 68,756
Hamilton County, TN Metro 336,463
Marion County, TN Metro 28,237
Sequatchie County, TN Metro 14,112
Zip Codes in Chattanooga, TN-GA MSA

There are 51 unique zip codes in this Fair Market Rent (FMR) area:

30707, 30710, 30725, 30726, 30728, 30736, 30738, 30739, 30740, 30741, 30742, 30750, 30752, 30755, 30757, 37302, 37304, 37308, 37315, 37340, 37341, 37343, 37347, 37350, 37351, 37363, 37373, 37377, 37384, 37396, 37397, 37401, 37402, 37403, 37404, 37405, 37406, 37407, 37408, 37409, 37410, 37411, 37412, 37414, 37415, 37416, 37419, 37421, 37422, 37424 and 37450

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