Logo Grainger County Fair Market Rent FY 2019 Grainger County, TN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Grainger County, TN :
$427 $554 $637 $842 $861
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Grainger County are very low compared to the national average. This FMR area is less expensive than 96% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Grainger County is $637 per month.

The previous year, rent for a two-bedroom home was $613 per month. This is a 3.92% increase year-over-year.

This FMR rate applies to Powder Springs, TN, Washburn, TN, Mascot, TN, Mooresburg, TN, Luttrell, TN, Blaine, TN, Bean Station, TN, Rutledge, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO28940M34100.

Additionally, This Fair Market Rent (FMR) area Grainger County, TN HUD Metro FMR Area spans one county or city in Tennessee which is listed in the table below. Estimated population of Grainger County, TN HUD Metro FMR Area FMR area is 22,657 people based on 2010 Census data.

Compared to the rest of Tennessee, the Grainger County FMR area is less expensive than 70% 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 Grainger County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Grainger County

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 $ 458
1-BR 1-Bedroom $ 594
2-BR 2-Bedroom $ 683
3-BR 3-Bedroom $ 903
4-BR 4-Bedroom $ 923
Change Year:

There is just one county (listed below) within the Grainger County, TN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Knoxville and Tri - Cities, Tn - Va.

County / Region Est. Population
Grainger County, TN Metro 22,657
Zip Codes in Grainger County, TN HUD Metro FMR Area

There are 8 unique zip codes in this Fair Market Rent (FMR) area:

37708, 37709, 37779, 37806, 37811, 37848, 37861 and 37888

Lookup Fair Market Rent by Zip Code