Clay County, TN Fair Market Rent FY2027

Part of the Clay County, TN non-metro FMR area. Fair Market Rents apply from October 1, 2026.

$756Efficiency +8.0%
$7611 bedroom +7.9%
$9952 bedrooms +7.6%
$1,3603 bedrooms +5.8%
$1,3654 bedrooms +5.9%

FY2027 vs FY2026

Unit sizeFY2027FY2026Change
Efficiency$756$700+8.0%
1 bedroom$761$705+7.9%
2 bedrooms$995$925+7.6%
3 bedrooms$1,360$1,286+5.8%
4 bedrooms$1,365$1,289+5.9%

FY2026 income limits

Median family income: $60,300

Household size12345678
Extremely low (30%)$16,400$21,640$27,320$33,000$38,680$44,360$48,400$51,500
Very low (50%)$27,300$31,200$35,100$39,000$42,150$45,250$48,400$51,500
Low income (80%)$43,700$49,950$56,200$62,400$67,400$72,400$77,400$82,400

Section 8 income limits set by HUD for FY2026; programs may use different limits.

Two-bedroom FMR since 1983

FY1983: $2431983FY1985: $253FY1986: $253FY1987: $259FY1988: $266FY1989: $2701989FY1990: $276FY1991: $283FY1992: $292FY1993: $299FY1994: $2971994FY1995: $289FY1996: $337FY1997: $341FY1998: $348FY1999: $3521999FY2000: $352FY2001: $355FY2002: $364FY2003: $375FY2004: $3752004FY2005: $440FY2006: $460FY2007: $479FY2008: $501FY2009: $5222009FY2010: $539FY2011: $540FY2012: $506FY2013: $570FY2014: $5632014FY2015: $581FY2016: $586FY2017: $608FY2018: $613FY2019: $6192019FY2020: $649FY2021: $663FY2022: $676FY2023: $747FY2024: $8612024FY2025: $899FY2026: $925FY2027: $9952027

Questions and answers

What is the Fair Market Rent in Clay County, TN for FY2027?

HUD set the FY2027 Fair Market Rents for Clay County, TN at $756 for an efficiency, $761 for one bedroom, $995 for two bedrooms, $1,360 for three and $1,365 for four bedrooms.

How much did Fair Market Rent change in Clay County, TN?

The two-bedroom FMR changed from $925 in FY2026 to $995 in FY2027 (+7.6%).

What are the HUD income limits for Clay County, TN?

For FY2026 the median family income is $60,300. The low-income (80%) limit for a family of four is $62,400, very low income (50%) $39,000 and extremely low income $33,000.