Johnson City Fair Market Rent FY 2012 Johnson City, TN MSA Rental Data

Fair Market Rent prices in Johnson City are low compared to the national average. This FMR area is less expensive than 66% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Johnson City is $575 per month.

The previous year, rent for a two-bedroom home was $589 per month. This is a 2.38% decrease year-over-year.

This FMR rate applies to Milligan College, TN, Watauga, TN, Butler, TN, Hampton, TN, Roan Mountain, TN, Mountain City, TN, Elizabethton, TN, Johnson 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 one county or city in Tennessee which is listed in the table below. Estimated population of Johnson City, TN MSA FMR area is 56,742 people based on latest Census data.

Compared to the rest of Tennessee, the Johnson City FMR area is more expensive than 78% of the state.

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.

50^th Percentile Rental Prices: