Logo Morgan County Fair Market Rent FY 2018 Morgan County, TN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Morgan County, TN :
$431 $493 $656 $860 $1,078
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 Morgan County are very low compared to the national average. This FMR area is less expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Morgan County is $656 per month.

The previous year, rent for a two-bedroom home was $633 per month. This is a 3.63% increase year-over-year.

This FMR rate applies to Coalfield, TN, Rugby, TN, Petros, TN, Oakdale, TN, Sunbright, TN, Robbins, TN, Lancing, TN, Wartburg, TN, Harriman, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO28940N47129.

Additionally, This Fair Market Rent (FMR) area Morgan County, TN HUD Metro FMR Area spans one county or city in Tennessee which is listed in the table below. Estimated population of Morgan County, TN HUD Metro FMR Area FMR area is 21,987 people based on latest Census data.

Compared to the rest of Tennessee, the Morgan County FMR area is more expensive than 67% of the state.

Tennessee Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Morgan County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Morgan 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 $ 478
1-BR 1-Bedroom $ 547
2-BR 2-Bedroom $ 728
3-BR 3-Bedroom $ 954
4-BR 4-Bedroom $ 1196
Change Year:

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

County / Region Est. Population
Morgan County, TN Metro 21,987
Zip Codes in Morgan County, TN HUD Metro FMR Area

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

37719, 37733, 37748, 37770, 37829, 37845, 37852, 37872 and 37887

Lookup Fair Market Rent by Zip Code