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RentData.org Logo Tennessee Fair Market Rent for 2019 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$487 $534 $668 $889 $1,022
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 45th highest rent in the country out of 56 states and territories. The Fair Market Rent in Tennessee ranges from $619 for a 2-bedroom apartment in Benton County, TN to $1,103 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2019, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $830 per month and $1,738 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 $668 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:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Knoxville, TN HUD Metro FMR Area Metro $566 $698 $855 $1,114 $1,405 75,129
Bedford County, TN $554 $558 $714 $937 $1,161 45,058
Benton County, TN $457 $530 $619 $853 $915 16,489
Bledsoe County, TN $457 $541 $619 $776 $919 12,876
Cleveland, TN MSA Metro $513 $604 $799 $1,024 $1,233 98,963
Campbell County, TN HUD Metro FMR Area Metro $415 $468 $619 $809 $1,052 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $830 $911 $1,103 $1,455 $1,738 13,801
Carroll County, TN $457 $513 $619 $776 $919 28,522
Johnson City, TN MSA Metro $534 $552 $689 $863 $980 57,424
Jackson, TN HUD Metro FMR Area Metro $498 $634 $775 $1,085 $1,172 17,131
Claiborne County, TN $457 $487 $619 $776 $979 32,213
Clay County, TN $457 $481 $619 $870 $919 7,861
Cocke County, TN $457 $468 $619 $887 $919 35,662
Coffee County, TN $502 $515 $681 $919 $994 52,796
Crockett County, TN HUD Metro FMR Area Metro $438 $509 $668 $873 $1,146 14,586
Cumberland County, TN $484 $487 $644 $866 $898 56,053
Decatur County, TN $457 $541 $619 $776 $919 11,757
DeKalb County, TN $457 $468 $619 $895 $919 18,723
Dyer County, TN $473 $485 $642 $928 $971 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $658 $742 $875 $1,194 $1,372 38,413
Fentress County, TN $457 $541 $619 $830 $1,058 17,959
Franklin County, TN $457 $468 $619 $895 $1,060 41,052
Gibson County, TN $457 $542 $620 $846 $1,022 49,683
Giles County, TN $457 $541 $619 $842 $1,027 29,485
Grainger County, TN HUD Metro FMR Area Metro $427 $554 $637 $842 $861 22,657
Greene County, TN $472 $475 $619 $812 $968 68,831
Grundy County, TN $457 $496 $619 $866 $919 13,703
Morristown, TN MSA Metro $515 $544 $720 $970 $973 62,544
Chattanooga, TN-GA MSA Metro $585 $694 $847 $1,099 $1,344 336,463
Hancock County, TN $457 $488 $619 $893 $1,087 6,819
Hardeman County, TN $457 $468 $619 $845 $926 27,253
Hardin County, TN $495 $528 $671 $841 $996 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $515 $529 $700 $924 $1,015 56,833
Haywood County, TN $445 $491 $649 $895 $1,019 18,787
Henderson County, TN $485 $497 $658 $824 $889 27,769
Henry County, TN $457 $484 $619 $849 $939 32,330
Hickman County, TN HUD Metro FMR Area Metro $594 $701 $803 $1,006 $1,410 24,690
Houston County, TN $457 $541 $619 $776 $859 8,426
Humphreys County, TN $474 $530 $643 $838 $979 18,538
Jackson County, TN $457 $468 $619 $803 $837 11,638
Johnson County, TN $457 $541 $619 $776 $919 18,244
Lake County, TN $457 $518 $619 $825 $837 7,832
Lauderdale County, TN $458 $518 $621 $828 $968 27,815
Lawrence County, TN $457 $508 $619 $805 $861 41,869
Lewis County, TN $463 $488 $628 $826 $972 12,161
Lincoln County, TN $465 $488 $630 $848 $852 33,361
McMinn County, TN $457 $541 $619 $807 $842 52,266
McNairy County, TN $457 $468 $619 $813 $1,087 26,075
Macon County, TN HUD Metro FMR Area Metro $500 $548 $677 $882 $1,062 22,248
Marshall County, TN $534 $538 $711 $902 $961 30,617
Maury County, TN HUD Metro FMR Area Metro $635 $726 $859 $1,242 $1,339 80,956
Meigs County, TN $457 $541 $619 $895 $919 11,753
Monroe County, TN $406 $517 $623 $901 $968 44,519
Clarksville, TN-KY MSA Metro $563 $689 $867 $1,220 $1,404 172,331
Moore County, TN $457 $481 $619 $889 $919 6,362
Morgan County, TN HUD Metro FMR Area Metro $449 $507 $670 $891 $1,166 21,987
Obion County, TN $439 $499 $619 $841 $1,087 31,807
Overton County, TN $457 $468 $619 $788 $919 22,083
Perry County, TN $465 $468 $619 $804 $919 7,915
Pickett County, TN $457 $481 $619 $776 $919 5,077
Putnam County, TN $538 $538 $668 $952 $991 72,321
Rhea County, TN $498 $507 $648 $840 $981 31,809
Roane County, TN HUD Metro FMR Area Metro $515 $581 $769 $963 $1,181 54,181
Scott County, TN $457 $468 $619 $855 $921 22,228
Sevier County, TN $616 $625 $724 $1,030 $1,130 89,889
Smith County, TN HUD Metro FMR Area Metro $517 $529 $700 $877 $1,125 19,166
Stewart County, TN $459 $516 $622 $779 $923 13,324
Van Buren County, TN $457 $468 $619 $776 $919 5,548
Warren County, TN $468 $480 $635 $798 $1,073 39,839
Wayne County, TN $457 $468 $619 $776 $919 17,021
Weakley County, TN $427 $487 $619 $814 $971 35,021
White County, TN $457 $481 $619 $834 $837 25,841

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