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RentData.org Logo Jackson Fair Market Rent FY 2016 Jackson, TN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jackson, TN :
$455 $612 $738 $1,015 $1,148
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Jackson are average compared to the national average. This FMR area is more expensive than 74% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jackson is $738 per month.

This FMR rate applies to Jacks Creek, TN, Milledgeville, TN, Luray, TN, Hornsby, TN, Enville, TN, Finger, TN, Reagan, TN, Huron, TN, Medon, TN, Pinson, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO27180M27180.

Additionally, This Fair Market Rent (FMR) area Jackson, TN HUD Metro FMR Area spans one county or city in Tennessee which is listed in the table below. Estimated population of Jackson, TN HUD Metro FMR Area FMR area is 17,131 people based on latest Census data.

Compared to the rest of Tennessee, the Jackson FMR area is more expensive than 91% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Jackson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jackson

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 486
1-BR 1-Bedroom $ 654
2-BR 2-Bedroom $ 788
3-BR 3-Bedroom $ 1084
4-BR 4-Bedroom $ 1226
Change Year:

There is just one county (listed below) within the Jackson, TN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Memphis and Jackson, Tn.

County / Region Est. Population
Jackson, TN Metro 17,131
Zip Codes in Jackson, TN HUD Metro FMR Area

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

38044, 38313, 38315, 38332, 38334, 38340, 38345, 38347, 38352, 38356, 38359, 38366 and 38368

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