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RentData.org Logo Tennessee Fair Market Rent for 2016 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$445 $492 $627 $831 $948
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 47th highest rent in the country out of 56 states and territories. The Fair Market Rent in Tennessee ranges from $586 for a 2-bedroom apartment in Benton County, TN to $925 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2016, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $661 per month and $1,433 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 $627 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,717,460 people. So, there are around 407,619 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 HUD Metro FMR Area Metro $498 $663 $807 $1,051 $1,353 75,129
Bedford County, TN $474 $563 $652 $950 $1,109 45,058
Benton County, TN $426 $438 $586 $854 $867 16,489
Bledsoe County, TN $426 $498 $586 $727 $852 12,876
Cleveland, TN MSA Metro $472 $572 $765 $966 $1,233 98,963
Campbell County, TN HUD Metro FMR Area Metro $377 $438 $586 $750 $1,023 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $661 $756 $925 $1,228 $1,433 13,801
Carroll County, TN $426 $438 $586 $727 $909 28,522
Johnson City, TN MSA Metro $452 $517 $658 $857 $1,079 57,424
Jackson, TN HUD Metro FMR Area Metro $455 $612 $738 $1,015 $1,148 17,131
Claiborne County, TN $426 $494 $586 $727 $1,023 32,213
Clay County, TN $426 $438 $586 $727 $803 7,861
Cocke County, TN $426 $438 $586 $849 $852 35,662
Coffee County, TN $407 $493 $660 $883 $905 52,796
Crockett County, TN HUD Metro FMR Area Metro $507 $525 $671 $836 $1,136 14,586
Cumberland County, TN $466 $479 $641 $795 $879 56,053
Decatur County, TN $482 $506 $586 $799 $954 11,757
DeKalb County, TN $426 $438 $586 $800 $803 18,723
Dyer County, TN $447 $451 $603 $824 $827 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $602 $700 $827 $1,128 $1,309 38,413
Fentress County, TN $426 $438 $586 $727 $826 17,959
Franklin County, TN $426 $438 $586 $808 $881 41,052
Gibson County, TN $458 $461 $586 $807 $873 49,683
Giles County, TN $433 $512 $595 $799 $865 29,485
Morristown, TN HUD Metro FMR Area Metro $377 $438 $586 $854 $885 22,657
Greene County, TN $442 $445 $586 $757 $842 68,831
Grundy County, TN $426 $472 $586 $779 $852 13,703
Morristown, TN MSA Metro $454 $470 $629 $901 $923 62,544
Chattanooga, TN-GA MSA Metro $515 $616 $767 $1,019 $1,247 336,463
Hancock County, TN $426 $449 $586 $773 $1,015 6,819
Hardeman County, TN $426 $456 $586 $748 $844 27,253
Hardin County, TN $458 $471 $630 $782 $1,100 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $431 $499 $660 $860 $946 56,833
Haywood County, TN $396 $485 $642 $814 $933 18,787
Henderson County, TN $455 $468 $626 $777 $858 27,769
Henry County, TN $434 $445 $596 $740 $866 32,330
Hickman County, TN HUD Metro FMR Area Metro $482 $498 $666 $910 $913 24,690
Houston County, TN $361 $438 $586 $752 $880 8,426
Humphreys County, TN $452 $474 $621 $771 $851 18,538
Jackson County, TN $426 $486 $586 $849 $852 11,638
Johnson County, TN $426 $506 $586 $727 $1,023 18,244
Lake County, TN $426 $490 $586 $849 $852 7,832
Lauderdale County, TN $426 $445 $586 $794 $944 27,815
Lawrence County, TN $361 $478 $586 $733 $872 41,869
Lewis County, TN $426 $506 $586 $854 $1,023 12,161
Lincoln County, TN $431 $453 $593 $805 $813 33,361
McMinn County, TN $374 $503 $606 $784 $912 52,266
McNairy County, TN $426 $438 $586 $747 $803 26,075
Macon County, TN HUD Metro FMR Area Metro $424 $438 $586 $727 $909 22,248
Marshall County, TN $502 $516 $690 $856 $946 30,617
Maury County, TN HUD Metro FMR Area Metro $553 $580 $692 $994 $1,128 80,956
Meigs County, TN $426 $487 $586 $849 $852 11,753
Monroe County, TN $449 $452 $605 $857 $898 44,519
Clarksville, TN-KY MSA Metro $514 $605 $797 $1,077 $1,188 172,331
Moore County, TN $426 $454 $586 $784 $852 6,362
Morgan County, TN HUD Metro FMR Area Metro $405 $537 $621 $826 $973 21,987
Obion County, TN $426 $438 $586 $775 $912 31,807
Overton County, TN $431 $443 $593 $736 $963 22,083
Perry County, TN $367 $493 $586 $727 $852 7,915
Pickett County, TN $426 $454 $586 $770 $852 5,077
Putnam County, TN $523 $526 $658 $899 $902 72,321
Rhea County, TN $492 $517 $598 $764 $869 31,809
Roane County, TN HUD Metro FMR Area Metro $447 $519 $695 $907 $986 54,181
Scott County, TN $426 $438 $586 $854 $1,023 22,228
Sevier County, TN $556 $563 $696 $934 $954 89,889
Smith County, TN HUD Metro FMR Area Metro $443 $457 $612 $770 $852 19,166
Stewart County, TN $426 $491 $586 $854 $894 13,324
Van Buren County, TN $440 $452 $605 $751 $829 5,548
Warren County, TN $426 $438 $586 $816 $1,023 39,839
Wayne County, TN $426 $506 $586 $727 $954 17,021
Weakley County, TN $361 $455 $586 $783 $839 35,021
White County, TN $426 $438 $586 $775 $803 25,841
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