Refinance or buy a home with a low 3.5% down payment! Get Started Now ➔ Logo Jackson Fair Market Rent FY 2018 Jackson, TN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jackson, TN :
$530 $603 $734 $1,019 $1,167
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Jackson 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 Jackson is $734 per month.

The previous year, rent for a two-bedroom home was $687 per month. This is a 6.84% increase year-over-year.

This FMR rate applies to Milledgeville, TN, Jacks Creek, TN, Spring Creek, TN, Luray, TN, Hornsby, TN, Enville, TN, Oakfield, TN, Denmark, TN, Jackson, TN, Finger, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO27180M27180.

Additionally, This Fair Market Rent (FMR) area Jackson, TN HUD Metro FMR Area spans two counties or cities in Tennessee which ares listed in the table below. Estimated population of Jackson, TN HUD Metro FMR Area FMR area is 115,425 people based on latest Census data.

Compared to the rest of Tennessee, the Jackson FMR area is more expensive than 89% 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 Jackson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jackson

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 $ 564
1-BR 1-Bedroom $ 642
2-BR 2-Bedroom $ 782
3-BR 3-Bedroom $ 1086
4-BR 4-Bedroom $ 1243
Change Year:

The counties, cities, towns, and regions listed below fall into the Jackson, TN HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Memphis and Jackson, Tn.

County / Region Est. Population
Chester County, TN Metro 17,131
Madison County, TN Metro 98,294
Zip Codes in Jackson, TN HUD Metro FMR Area

There are 19 unique zip codes in this Fair Market Rent (FMR) area:

38044, 38302, 38303, 38308, 38313, 38315, 38332, 38334, 38340, 38345, 38347, 38352, 38356, 38359, 38362, 38366, 38368, 38378 and 38391

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