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RentData.org Logo Lynn County Fair Market Rent FY 2014 Lynn County, TX Rental Data

Fair Market Rent Prices in Lynn County, TX :
$451 $537 $637 $939 $942
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 Lynn County are average compared to the national average. This FMR area is more expensive than 55% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lynn County is $637 per month.

The previous year, rent for a two-bedroom home was $626 per month. This is a 1.76% 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 NCNTY48305N48305.

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

Compared to the rest of Texas, the Lynn County FMR area is less expensive than 53% 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 $ 451
1-BR 1-Bedroom $ 537
2-BR 2-Bedroom $ 637
3-BR 3-Bedroom $ 939
4-BR 4-Bedroom $ 942
Change Year:

There is just one county (listed below) within the Lynn County, TX 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 5,915
Zip Codes in Lynn County, TX

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

79383

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