Logo McMinn County Fair Market Rent FY 2016 McMinn County, TN Rental Data

Fair Market Rent Prices in McMinn County, TN :
$374 $503 $606 $784 $912
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 McMinn County are very low compared to the national average. This FMR area is less expensive than 95% of other FMR areas. Fair Market Rent for a two-bedroom apartment in McMinn County is $606 per month.

The previous year, rent for a two-bedroom home was $609 per month. This is a 0.49% decrease year-over-year.

This FMR rate applies to Delano, TN, Calhoun, TN, Ten Mile, TN, Niota, TN, Riceville, TN, Englewood, TN, Etowah, TN, Decatur, TN, Madisonville, TN, Athens, TN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY47107N47107.

Additionally, This Fair Market Rent (FMR) area McMinn County, TN spans one county or city in Tennessee which is listed in the table below. Estimated population of McMinn County, TN FMR area is 52,266 people based on 2010 Census data.

Compared to the rest of Tennessee, the McMinn County FMR area is less expensive than 58% 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 McMinn County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in McMinn 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 $ 400
1-BR 1-Bedroom $ 539
2-BR 2-Bedroom $ 649
3-BR 3-Bedroom $ 840
4-BR 4-Bedroom $ 976
Change Year:

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

County / Region Est. Population
McMinn County, TN 52,266
Zip Codes in McMinn County, TN

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

37303, 37309, 37322, 37325, 37329, 37331, 37354, 37370, 37371, 37826 and 37880

Lookup Fair Market Rent by Zip Code