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RentData.org Logo Tennessee Fair Market Rent for 2015 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$419 $478 $613 $821 $928
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 93rd highest rent in the country out of 108 states and territories. The Fair Market Rent in Tennessee ranges from $581 for a 2-bedroom apartment in Benton County, TN to $850 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN MSA.

For FY 2015, the Nashville-Davidson--Murfreesboro--Franklin, TN MSA (Cannon County) rent for a studio or efficiency is $616 per month and $1,213 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Tennessee is $613 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,654,916 people. So, there are around 398,237 people in Tennessee who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Tennessee. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Tennessee Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Tennessee
Change Year:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Knoxville, TN MSA Metro $492 $628 $774 $1,034 $1,162 75,129
Bedford County, TN $423 $525 $622 $877 $1,038 45,058
Benton County, TN $395 $429 $581 $856 $1,029 16,489
Bledsoe County, TN $395 $444 $581 $724 $821 12,876
Cleveland, TN MSA Metro $470 $505 $683 $879 $1,132 98,963
Campbell County, TN $395 $466 $581 $762 $1,029 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN MSA Metro $616 $710 $850 $1,130 $1,213 13,801
Carroll County, TN $395 $429 $581 $724 $888 28,522
Johnson City, TN MSA Metro $489 $580 $729 $997 $1,250 57,424
Jackson, TN MSA Metro $403 $531 $678 $904 $987 17,131
Claiborne County, TN $359 $485 $581 $724 $1,029 32,213
Clay County, TN $395 $429 $581 $856 $861 7,861
Cocke County, TN $395 $477 $581 $840 $843 35,662
Coffee County, TN $397 $479 $635 $871 $928 52,796
Crockett County, TN $415 $515 $611 $772 $940 14,586
Cumberland County, TN $407 $501 $599 $750 $801 56,053
Decatur County, TN $395 $490 $581 $757 $969 11,757
DeKalb County, TN $395 $429 $581 $848 $851 18,723
Dyer County, TN $440 $443 $599 $808 $811 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $614 $702 $832 $1,137 $1,267 38,413
Fentress County, TN $395 $429 $581 $740 $811 17,959
Franklin County, TN $398 $432 $585 $782 $785 41,052
Gibson County, TN $465 $468 $581 $795 $798 49,683
Giles County, TN $396 $492 $583 $836 $839 29,485
Morristown, TN MSA Metro $408 $451 $593 $795 $929 22,657
Greene County, TN $395 $485 $581 $772 $783 68,831
Grundy County, TN $395 $447 $581 $856 $859 13,703
Chattanooga, TN-GA MSA Metro $476 $574 $714 $971 $1,094 336,463
Hancock County, TN $395 $437 $581 $797 $1,029 6,819
Hardeman County, TN $395 $490 $581 $731 $953 27,253
Hardin County, TN $395 $429 $581 $727 $1,029 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $461 $511 $658 $861 $974 56,833
Haywood County, TN $364 $515 $611 $761 $817 18,787
Henderson County, TN $425 $462 $625 $778 $835 27,769
Henry County, TN $404 $502 $595 $741 $1,054 32,330
Hickman County, TN HUD Metro FMR Area Metro $465 $475 $642 $946 $1,112 24,690
Houston County, TN $346 $429 $581 $733 $776 8,426
Humphreys County, TN $395 $490 $581 $761 $776 18,538
Jackson County, TN $395 $429 $581 $856 $859 11,638
Johnson County, TN $395 $429 $581 $724 $776 18,244
Lake County, TN $454 $457 $581 $856 $935 7,832
Lauderdale County, TN $395 $429 $581 $824 $1,019 27,815
Lawrence County, TN $395 $448 $581 $724 $802 41,869
Lewis County, TN $395 $490 $581 $856 $1,029 12,161
Lincoln County, TN $395 $444 $581 $724 $977 33,361
McMinn County, TN $362 $507 $609 $802 $917 52,266
McNairy County, TN $369 $429 $581 $724 $782 26,075
Macon County, TN HUD Metro FMR Area Metro $421 $429 $581 $724 $776 22,248
Marshall County, TN $449 $489 $661 $842 $894 30,617
Maury County, TN $561 $565 $750 $1,007 $1,151 80,956
Meigs County, TN $395 $444 $581 $856 $859 11,753
Monroe County, TN $401 $448 $590 $790 $834 44,519
Clarksville, TN-KY HUD Metro FMR Area Metro $525 $599 $781 $1,035 $1,122 172,331
Moore County, TN $395 $444 $581 $779 $821 6,362
Morgan County, TN $395 $458 $581 $724 $891 21,987
Obion County, TN $379 $429 $581 $725 $776 31,807
Overton County, TN $411 $449 $604 $890 $1,070 22,083
Perry County, TN $395 $490 $581 $724 $821 7,915
Pickett County, TN $395 $444 $581 $724 $821 5,077
Putnam County, TN $404 $456 $595 $851 $934 72,321
Rhea County, TN $469 $474 $581 $777 $800 31,809
Roane County, TN $426 $463 $627 $855 $859 54,181
Scott County, TN $411 $490 $581 $817 $1,029 22,228
Sevier County, TN $470 $517 $691 $861 $1,109 89,889
Smith County, TN HUD Metro FMR Area Metro $412 $432 $581 $788 $810 19,166
Stewart County, TN HUD Metro FMR Area Metro $391 $447 $581 $798 $835 13,324
Van Buren County, TN $395 $444 $581 $724 $821 5,548
Warren County, TN $395 $429 $581 $838 $1,029 39,839
Wayne County, TN $395 $429 $581 $847 $1,029 17,021
Weakley County, TN $434 $459 $581 $811 $815 35,021
White County, TN $406 $442 $598 $777 $799 25,841
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