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RentData.org Logo Lynn County Fair Market Rent FY 2017 Lynn County, TX HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lynn County, TX :
$483 $572 $700 $961 $965
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 Lynn County are low compared to the national average. This FMR area is less expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lynn County is $700 per month.

The previous year, rent for a two-bedroom home was $658 per month. This is a 6.38% increase year-over-year.

This FMR rate applies to New Home, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO31180N48305.

Additionally, This Fair Market Rent (FMR) area Lynn County, TX HUD Metro FMR Area spans one county or city in Texas which is listed in the table below. Estimated population of Lynn County, TX HUD Metro FMR Area FMR area is 5,915 people based on 2010 Census data.

Compared to the rest of Texas, the Lynn County FMR area is less expensive than 90% 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 Lynn County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lynn 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 $ 494
1-BR 1-Bedroom $ 584
2-BR 2-Bedroom $ 715
3-BR 3-Bedroom $ 982
4-BR 4-Bedroom $ 986
Change Year:

There is just one county (listed below) within the Lynn County, TX HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lubbock.

County / Region Est. Population
Lynn County, TX Metro 5,915
Zip Codes in Lynn County, TX HUD Metro FMR Area

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

79383

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