Tennessee · FIPS 47055 · HUD FY 2027
Giles County, Tennessee Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Giles County is $1,105 a month (rent plus utilities), 20% below the Tennessee average of $1,381 and 37% below the U.S. average of $1,761. That is up $104 (10.4%) from FY 2026. At 30% of income, a household needs about $44,200 a year to afford it.
- $1,1052-bedroom FMR+$104 (+10.4%) vs FY 2026
- $8451-bedroom FMRTennessee: $1,196 · U.S.: $1,478
- $44,200Income for a 2-bedroom$21/hour full-time
- 37 of 952BR rank in Tennessee1 = highest rent
| Unit | Giles County FY 2027 | FY 2026 | Change | Tennessee avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $839 | $758 | +$81 (+10.7%) | $1,141 | $1,379 | $33,560 |
| 1 bedroom | $845 | $763 | +$82 (+10.7%) | $1,196 | $1,478 | $33,800 |
| 2 bedrooms | $1,105 | $1,001 | +$104 (+10.4%) | $1,381 | $1,761 | $44,200 |
| 3 bedrooms | $1,317 | $1,200 | +$117 (+9.8%) | $1,771 | $2,266 | $52,680 |
| 4 bedrooms | $1,515 | $1,395 | +$120 (+8.6%) | $2,054 | $2,607 | $60,600 |
How Giles County compares
- Giles County is a non-metro county, so HUD sets one Fair Market Rent for the whole county.
- Across Tennessee, 2-bedroom FMRs run from $995 (Weakley County) to $1,798 (Cannon County).
- Studio to 4-bedroom: $839, $845, $1,105, $1,317, $1,515. HUD derives the other sizes from the 2-bedroom figure with fixed ratios, adjusted where local data warrant.
- HUD also publishes ZIP-level Small Area FMRs. For the 6 ZIP codes mostly in Giles County (by land area), the 2-bedroom figure ranges from $1,000 to $1,340.
Small Area FMRs by ZIP code in Giles County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 38455 | $930 | $1,020 | $1,220 | $1,580 | $1,790 | −$10 (−0.8%) | 10% above |
| 38460 | $760 | $760 | $1,000 | $1,190 | $1,360 | +$70 (+7.5%) | 10% below |
| 38472 | $1,020 | $1,030 | $1,220 | $1,540 | $1,730 | −$110 (−8.3%) | 10% above |
| 38473 | $1,020 | $1,020 | $1,340 | $1,600 | $1,840 | +$110 (+8.9%) | 21% above |
| 38477 | $870 | $900 | $1,130 | $1,390 | $1,620 | +$50 (+4.6%) | 2% above |
| 38478 | $840 | $850 | $1,110 | $1,320 | $1,520 | +$120 (+12.1%) | about the same as |
Sources
- U.S. Department of Housing and Urban Development, HUD User Fair Market Rents: FY 2027 FMRs (file dated August 26, 2026) and FY 2026 FMRs (file dated April 21, 2026).
- HUD User Small Area Fair Market Rents: FY 2027 SAFMRs (file dated August 31, 2026) and FY 2026 SAFMRs (file dated April 21, 2026).
- ZIP-to-county assignment: Census Bureau 2020 ZCTA-to-county relationship file (file dated December 9, 2021), largest land-area overlap.
Fair Market Rents are HUD’s estimate of gross rent (rent plus utilities) for a modest unit, set at the 40th percentile of recent-mover rents. FY 2027 is HUD’s fiscal year beginning October 1, 2026. Housing authorities set voucher payment standards from these figures; check yours.