Average Rent in Chattanooga, GA
The Fair Market Rent for a 2-bedroom in Chattanooga, GA is $1,390 per month, based on HUD data. With a median household income of $68,666, a household would spend 24.3% of income on housing at Fair Market Rent. Rent has increased 12.8% year over year. The national median 2BR FMR is $1,250/mo for comparison.
Fair Market Rent by Bedroom
| Size | Monthly FMR |
|---|---|
| Studio | $1,211 |
| 1 Bedroom | $1,263 |
| 2 Bedroom | $1,390 |
| 3 Bedroom | $1,734 |
| 4 Bedroom | $1,853 |
Affordability
| Metric | Value |
|---|---|
| Median Household Income | $68,666 |
| Rent Burden (2BR FMR / Income) | 24.3% |
| Income Needed for 2BR (30% rule) | $55,600/yr |