RentData.org

RentData.org Logo Chattanooga Fair Market Rent FY 2022 Chattanooga, TN-GA MSA Rental Data

Fair Market Rent Prices in Chattanooga, GA :
$721 $742 $883 $1,148 $1,380
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Chattanooga are high compared to the national average. This FMR area is more expensive than 78% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Chattanooga is $883 per month.

The previous year, rent for a two-bedroom home was $838 per month. This is a 5.37% increase year-over-year.

This FMR rate applies to Graysville, GA, Rock Spring, GA, Cohutta, GA, Fort Oglethorpe, GA, Tunnel Hill, GA, Chickamauga, GA, Rossville, GA, Ringgold, GA 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 one county or city in Georgia which is listed in the table below. Estimated population of Chattanooga, TN-GA MSA FMR area is 65,870 people based on latest Census data.

Compared to the rest of Georgia, the Chattanooga FMR area is more expensive than 89% of the state.

Georgia Rents Map

Click on the map to view more another region.

See Nationwide Map

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 $ 775
1-BR 1-Bedroom $ 797
2-BR 2-Bedroom $ 949
3-BR 3-Bedroom $ 1234
4-BR 4-Bedroom $ 1484
Change Year:

There is just one county (listed below) within the Chattanooga, TN-GA MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Chattanooga.

County / Region Est. Population
Chattanooga, GA Metro 65,870
Zip Codes in Chattanooga, TN-GA MSA

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

30707, 30710, 30726, 30736, 30739, 30741, 30742 and 30755

Lookup Fair Market Rent by Zip Code
Top