Tennessee · FIPS 47121 · HUD FY 2027
Meigs County, Tennessee Fair Market Rent
HUD’s FY 2027 Fair Market Rent for a 2-bedroom in Meigs County is $1,045 a month (rent plus utilities), 24% below the Tennessee average of $1,381 and 41% below the U.S. average of $1,761. That is up $120 (13.0%) from FY 2026. At 30% of income, a household needs about $41,800 a year to afford it.
- $1,0452-bedroom FMR+$120 (+13.0%) vs FY 2026
- $7991-bedroom FMRTennessee: $1,196 · U.S.: $1,478
- $41,800Income for a 2-bedroom$20/hour full-time
- 49 of 952BR rank in Tennessee1 = highest rent
| Unit | Meigs County FY 2027 | FY 2026 | Change | Tennessee avg | U.S. avg | Income needed |
|---|---|---|---|---|---|---|
| Studio | $794 | $700 | +$94 (+13.4%) | $1,141 | $1,379 | $31,760 |
| 1 bedroom | $799 | $705 | +$94 (+13.3%) | $1,196 | $1,478 | $31,960 |
| 2 bedrooms | $1,045 | $925 | +$120 (+13.0%) | $1,381 | $1,761 | $41,800 |
| 3 bedrooms | $1,254 | $1,227 | +$27 (+2.2%) | $1,771 | $2,266 | $50,160 |
| 4 bedrooms | $1,433 | $1,289 | +$144 (+11.2%) | $2,054 | $2,607 | $57,320 |
How Meigs County compares
- Meigs 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: $794, $799, $1,045, $1,254, $1,433. 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 2 ZIP codes mostly in Meigs County (by land area), the 2-bedroom figure ranges from $1,000 to $1,060.
Small Area FMRs by ZIP code in Meigs County
| ZIP | Studio | 1BR | 2BR | 3BR | 4BR | 2BR vs FY 2026 | 2BR vs area FMR |
|---|---|---|---|---|---|---|---|
| 37322 | $800 | $820 | $1,060 | $1,270 | $1,450 | +$130 (+14.0%) | 1% above |
| 37880 | $830 | $830 | $1,000 | $1,290 | $1,650 | +$10 (+1.0%) | 4% below |
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.