Logo Lawrence County Fair Market Rent FY 2021 Lawrence County, TN Rental Data

Fair Market Rent Prices in Lawrence County, TN :
$520 $525 $671 $878 $1,042
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 Lawrence 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 Lawrence County is $671 per month.

The previous year, rent for a two-bedroom home was $658 per month. This is a 1.98% increase year-over-year.

This FMR rate applies to Five Points, TN, Saint Joseph, TN, Westpoint, TN, Iron City, TN, Loretto, TN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY47099N47099.

Additionally, This Fair Market Rent (FMR) area Lawrence County, TN spans one county or city in Tennessee which is listed in the table below. Estimated population of Lawrence County, TN FMR area is 0 people based on 2000 Census data.

Compared to the rest of Tennessee, the Lawrence County FMR area is less expensive than 55% 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 Lawrence County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lawrence 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 $ 546
1-BR 1-Bedroom $ 551
2-BR 2-Bedroom $ 704
3-BR 3-Bedroom $ 921
4-BR 4-Bedroom $ 1093
Change Year:

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

County / Region Est. Population
Lawrence County, TN 0
Zip Codes in Lawrence County, TN

There are 5 unique zip codes in this Fair Market Rent (FMR) area:

38457, 38463, 38469, 38481 and 38486

Lookup Fair Market Rent by Zip Code