Morgan County, TN HUD Metro FMR Area · FY2026 area median income $82,500 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $289 | $433 | $578 | $722 | $867 | $1,011 | $1,156 |
| 1BR | $309 | $464 | $619 | $773 | $928 | $1,083 | $1,238 |
| 2BR | $371 | $557 | $743 | $928 | $1,114 | $1,300 | $1,486 |
| 3BR | $429 | $643 | $858 | $1,072 | $1,287 | $1,501 | $1,716 |
| 4BR | $478 | $717 | $957 | $1,196 | $1,435 | $1,674 | $1,914 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $17,340 | $28,900 | $34,680 | $46,240 |
| 2 persons | $19,800 | $33,000 | $39,600 | $52,800 |
| 3 persons | $22,290 | $37,150 | $44,580 | $59,440 |
| 4 persons | $24,750 | $41,250 | $49,500 | $66,000 |
| 5 persons | $26,730 | $44,550 | $53,460 | $71,280 |
| 6 persons | $28,710 | $47,850 | $57,420 | $76,560 |
| 7 persons | $30,690 | $51,150 | $61,380 | $81,840 |
| 8 persons | $32,670 | $54,450 | $65,340 | $87,120 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Morgan County to see the sources and uses, bond test, DSCR, and funding gap using these rents.