Cleveland Fair Market Rent FY 2012 Cleveland, TN MSA Rental Data

Fair Market Rent prices in Cleveland are average compared to the national average. This FMR area is more expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cleveland is $628 per month.

The previous year, rent for a two-bedroom home was $621 per month. This is a 1.13% increase year-over-year.

This FMR rate applies to Old Fort, TN, Charleston, TN, Georgetown, TN, Mc Donald, TN, Cleveland, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO17420M17420.

Additionally, This Fair Market Rent (FMR) area Cleveland, TN MSA spans one county or city in Tennessee which is listed in the table below. Estimated population of Cleveland, TN MSA FMR area is 87,965 people based on latest Census data.

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

Median Rent Prices in Cleveland

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.

50^th Percentile Rental Prices: