Rent in Lake County, TN at a glance
2-bedroom rent (HUD)
$925$11,100 a year · HUD fiscal year 2026From October 1, 2026: $995 (+7.6%)How much rent can you afford in Lake County, TN?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Lake County, TN by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $700 | $8,400 | $28,000 | $13.46/hr |
| 1 bedroom | $705 | $8,460 | $28,200 | $13.56/hr |
| 2 bedroomsMost searched | $925 | $11,100 | $37,000 | $17.79/hr |
| 3 bedrooms | $1,174 | $14,088 | $46,960 | $22.58/hr |
| 4 bedrooms | $1,289 | $15,468 | $51,560 | $24.79/hr |
Cost of living in Lake County, TN: income, prices and a budget →
Living and working in Lake County, TN
Rent in Lake County, TN: common questions
How much is rent going up in Lake County, TN in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $995 for a two-bedroom, up 7.6% from $925. A one-bedroom goes from $705 to $761, a studio from $700 to $756.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Lake County, TN?
HUD's Fair Market Rent for 2026 is $705 for a one-bedroom and $925 for a two-bedroom, utilities included. That is $11,100 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Lake County, TN?
To keep a $925 two-bedroom at 30% of gross pay, one full-time worker needs $17.79 an hour, or $37,000 a year. A one-bedroom at $705 takes $13.56 an hour.
How much is a 1, 2 or 3-bedroom apartment in Lake County, TN?
At HUD's 2026 Fair Market Rent: studio $700, one bedroom $705, two $925, three $1,174 and four $1,289 a month.
Is rent affordable in Lake County, TN?
For the typical household, earning $28,814 a year ($2,401 a month, Census ACS), a two-bedroom at $925 takes 38.5% of income. Under 30% is the usual line for affordable; this is over it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($925 × 12) ÷ 0.30 = $37,000. Divided by 2,080 working hours, that is $17.79 an hour.