Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,159$13,908 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sevier County, TN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sevier County, TN
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $883 | $10,596 | $35,320 | $16.98/hr |
| 1-Bedroom Apartment | $973 | $11,676 | $38,920 | $18.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,159 | $13,908 | $46,360 | $22.29/hr |
| 3-Bedroom Home | $1,522 | $18,264 | $60,880 | $29.27/hr |
| 4-Bedroom Home | $1,535 | $18,420 | $61,400 | $29.52/hr |
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Frequently Asked Questions About Rent in Sevier County, TN
What is the Fair Market Rent for a 2-bedroom in Sevier County, TN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sevier County, TN is $1,159 per month ($13,908 per year).
What hourly wage is needed to afford rent in Sevier County, TN?
To comfortably afford a 2-bedroom apartment at $1,159/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.29 per hour ($46,360/year).
What are the HUD Fair Market Rents by bedroom count in Sevier County, TN?
Official 2026 HUD rents in Sevier County, TN are: Studio: $883/mo, 1-Bedroom: $973/mo, 2-Bedroom: $1,159/mo, 3-Bedroom: $1,522/mo, and 4-Bedroom: $1,535/mo.
How do HUD Fair Market Rents compare to local incomes in Sevier County, TN?
At the local Census ACS median household income of $62,581/year ($5,215/month), the benchmark 2-bedroom Fair Market Rent represents 22.2% of monthly income.
How is the 30% housing affordability standard calculated in Sevier County, TN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,159/month, the required minimum annual gross income is calculated as ($1,159 × 12) ÷ 0.30 = $46,360 per year.