Logo Johnson City Fair Market Rent FY 2008 Johnson City, TN MSA Rental Data

Fair Market Rent Prices in Johnson City, TN :
$365 $441 $547 $679 $847
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 Johnson City are low compared to the national average. This FMR area is less expensive than 63% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Johnson City is $547 per month.

The previous year, rent for a two-bedroom home was $521 per month. This is a 4.99% increase year-over-year.

This FMR rate applies to Milligan College, TN, Mountain Home, TN, Flag Pond, TN, Watauga, TN, Butler, TN, Telford, TN, Hampton, TN, Roan Mountain, TN, Unicoi, TN, Mountain City, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO27740M27740.

Additionally, This Fair Market Rent (FMR) area Johnson City, TN MSA spans three counties or cities in Tennessee which ares listed in the table below. Estimated population of Johnson City, TN MSA FMR area is 181,607 people based on 2000 Census data.

Compared to the rest of Tennessee, the Johnson City FMR area is more 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 Johnson City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Johnson City

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 $ 384
1-BR 1-Bedroom $ 467
2-BR 2-Bedroom $ 584
3-BR 3-Bedroom $ 723
4-BR 4-Bedroom $ 929
Change Year:

The counties, cities, towns, and regions listed below fall into the Johnson City, TN MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Tri - Cities, Tn - Va.

County / Region Est. Population
Carter County, TN Metro 56,742
Unicoi County, TN Metro 17,667
Washington County, TN Metro 107,198
Zip Codes in Johnson City, TN MSA

There are 17 unique zip codes in this Fair Market Rent (FMR) area:

37601, 37602, 37604, 37605, 37614, 37640, 37643, 37650, 37657, 37658, 37682, 37683, 37684, 37687, 37690, 37692 and 37694

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