Location: Chattanooga, TN | Metro: Chattanooga, TN-GA MSA
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $940 |
| 1 Bedroom | $980 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,320 |
| 4 Bedrooms | $1,410 |
| 5 Bedrooms | $1,636 |
| 6 Bedrooms | $1,832 |
| 7 Bedrooms | $1,979 |
| 8 Bedrooms | $2,078 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $1,070 | $182,561 | 0.59% | F |
| 3BR | $1,320 | $266,140 | 0.5% | F |
| 4BR | $1,410 | $357,884 | 0.39% | F |
U.S. Census Bureau data (2024)
In ZIP code 30752 in Trenton, GA, the potential risks for a Section 8 landlord are significant. Tenant turnover is likely to be higher due to the disparity between the market rent of $893 and the Fair Market Rent (FMR) for FY 2024, which stands at $980. This difference suggests that tenants might prefer properties that offer the higher FMR subsidy, leading to increased churn.
Vacancy exposure is another concern, as the days on market (DOM) for rental listings is not available, indicating a lack of comprehensive data on how quickly properties are rented. Without this information, it's difficult to gauge the time properties might remain vacant, potentially leading to financial strain.
The deferred maintenance exposure is considerable, given the typical home value of $237,064 and the median income of $59,391. Landlords may face challenges in maintaining their properties up to standards required by the program, especially when the cost of repairs and upkeep can be a substantial portion of the median income, making it financially burdensome.
However, these risks are somewhat mitigated by the high proportion of renters in the area, with 24.5% of residents being renters. High renter density generally translates into higher demand for housing vouchers, which can stabilize occupancy rates and reduce vacancy periods.
Verdict: Moderate risk for a first-time Section 8 landlord.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.