Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Henderson County Fair Market Rent FY 2018 Henderson County, TN Rental Data

Fair Market Rent Prices in Henderson County, TN :
$493 $506 $673 $844 $917
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Henderson County are very low compared to the national average. This FMR area is less expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Henderson County is $673 per month.

The previous year, rent for a two-bedroom home was $669 per month. This is a 0.6% increase year-over-year.

This FMR rate applies to Lexington, TN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY47077N47077.

Additionally, This Fair Market Rent (FMR) area Henderson County, TN spans one county or city in Tennessee which is listed in the table below. Estimated population of Henderson County, TN FMR area is 27,769 people based on latest Census data.

Compared to the rest of Tennessee, the Henderson County FMR area is more expensive than 53% of the state.

Tennessee Rents Map

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

Median Rent Prices in Henderson 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 $ 516
1-BR 1-Bedroom $ 530
2-BR 2-Bedroom $ 705
3-BR 3-Bedroom $ 884
4-BR 4-Bedroom $ 960
Change Year:

There is just one county (listed below) within the Henderson County, TN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Jackson, Tn.

County / Region Est. Population
Henderson County, TN 27,769
Zip Codes in Henderson County, TN

There is 1 unique zip code in this Fair Market Rent (FMR) area:


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