2008 Fair Market Rent in Tennessee

Average Fair Market Rent Prices in Tennessee:

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$421	$466	$562	$731	$801
0-BR	1-BR	2-BR	3-BR	4-BR

Tennessee (TN) has the 41st highest rent in the country out of 54 states and territories. The Fair Market Rent in Tennessee ranges from $501 for a 2-bedroom apartment in Benton County, TN to $743 for a 2-bedroom unit in Memphis, TN-MS-AR HUD Metro FMR Area.

For FY 2008, the Memphis, TN-MS-AR HUD Metro FMR Area (Fayette County) rent for a studio or efficiency is $615 per month and $1,021 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Tennessee is $562 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 5,689,283 people. So, there are around 853,392 people in Tennessee who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Tennessee Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Tennessee

County	0 BR	1 BR	2 BR	3 BR	4 BR	Est. Population
Anderson County Metro	$457	$525	$633	$848	$875	71,330
Bedford County	$410	$501	$630	$789	$812	37,586
Benton County	$395	$396	$501	$619	$680	16,537
Bledsoe County	$328	$411	$501	$658	$678	12,367
Blount County Metro	$457	$525	$633	$848	$875	105,823
Bradley County Metro	$439	$448	$577	$724	$920	87,965
Campbell County	$416	$417	$501	$645	$768	39,854
Cannon County Metro	$551	$629	$723	$938	$965	12,826
Carroll County	$415	$416	$501	$618	$690	29,475
Carter County Metro	$365	$441	$547	$679	$847	56,742
Cheatham County Metro	$551	$629	$723	$938	$965	35,912
Chester County Metro	$472	$515	$650	$870	$894	15,540
Claiborne County	$326	$415	$501	$670	$752	29,862
Clay County	$405	$406	$501	$650	$669	7,976
Cocke County	$327	$403	$501	$600	$818	33,565
Coffee County	$449	$450	$540	$732	$800	48,014
Crockett County	$416	$452	$501	$653	$674	14,532
Cumberland County	$415	$416	$501	$710	$879	46,802
Davidson County Metro	$551	$629	$723	$938	$965	569,891
Decatur County	$375	$412	$501	$644	$733	11,731
DeKalb County	$416	$417	$501	$723	$747	17,423
Dickson County Metro	$551	$629	$723	$938	$965	43,156
Dyer County	$339	$398	$522	$696	$760	37,279
Fayette County Metro	$615	$669	$743	$990	$1,021	28,806
Fentress County	$405	$406	$501	$650	$669	16,625
Franklin County	$344	$413	$531	$772	$930	39,270
Gibson County	$410	$420	$501	$629	$696	48,152
Giles County	$353	$415	$548	$659	$678	29,447
Grainger County Metro	$429	$431	$517	$678	$764	20,659
Greene County	$325	$410	$501	$679	$697	62,909
Grundy County	$328	$411	$501	$658	$678	14,332
Hamblen County Metro	$429	$431	$517	$678	$764	58,128
Hamilton County Metro	$513	$543	$639	$787	$925	307,896
Hancock County	$415	$416	$501	$641	$772	6,786
Hardeman County	$362	$449	$501	$678	$879	28,105
Hardin County	$367	$409	$501	$664	$684	25,578
Hawkins County Metro	$401	$431	$535	$717	$857	53,563
Haywood County	$421	$436	$571	$682	$750	19,797
Henderson County	$352	$466	$544	$648	$669	25,522
Henry County	$328	$384	$505	$604	$735	31,115
Hickman County Metro	$337	$468	$519	$757	$780	22,295
Houston County	$395	$396	$501	$619	$680	8,088
Humphreys County	$416	$451	$501	$714	$737	17,929
Jackson County	$405	$406	$501	$650	$669	10,984
Jefferson County Metro	$429	$431	$517	$678	$764	44,294
Johnson County	$325	$404	$501	$672	$704	17,499
Knox County Metro	$457	$525	$633	$848	$875	382,032
Lake County	$372	$416	$501	$650	$689	7,954
Lauderdale County	$440	$441	$531	$645	$666	27,101
Lawrence County	$345	$387	$501	$620	$707	39,926
Lewis County	$335	$390	$503	$641	$660	11,367
Lincoln County	$415	$416	$501	$612	$630	31,340
Loudon County Metro	$457	$525	$633	$848	$875	39,086
McMinn County	$442	$443	$533	$637	$850	49,015
McNairy County	$326	$383	$501	$723	$745	24,653
Macon County Metro	$326	$396	$501	$597	$663	20,386
Madison County Metro	$472	$515	$650	$870	$894	91,837
Marion County Metro	$513	$543	$639	$787	$925	27,776
Marshall County	$405	$430	$564	$678	$851	26,767
Maury County	$433	$540	$666	$848	$873	69,498
Meigs County	$328	$411	$501	$658	$678	11,086
Monroe County	$395	$396	$503	$602	$768	38,961
Montgomery County Metro	$518	$539	$626	$905	$931	134,768
Moore County	$440	$441	$528	$697	$719	5,740
Morgan County	$413	$414	$501	$627	$730	19,757
Obion County	$344	$415	$501	$661	$696	32,450
Overton County	$327	$411	$501	$612	$630	20,118
Perry County	$335	$390	$503	$641	$660	7,631
Pickett County	$405	$406	$501	$650	$669	4,945
Polk County Metro	$439	$448	$577	$724	$920	16,050
Putnam County	$418	$419	$522	$751	$806	62,315
Rhea County	$325	$401	$501	$665	$684	28,400
Roane County	$440	$455	$528	$706	$725	51,910
Robertson County Metro	$551	$629	$723	$938	$965	54,433
Rutherford County Metro	$551	$629	$723	$938	$965	182,023
Scott County	$416	$424	$501	$663	$882	21,127
Sequatchie County Metro	$513	$543	$639	$787	$925	11,370
Sevier County	$504	$546	$615	$740	$1,081	71,170
Shelby County Metro	$615	$669	$743	$990	$1,021	897,472
Smith County Metro	$432	$433	$519	$692	$715	17,712
Stewart County Metro	$335	$436	$515	$702	$724	12,370
Sullivan County Metro	$401	$431	$535	$717	$857	153,048
Sumner County Metro	$551	$629	$723	$938	$965	130,449
Tipton County Metro	$615	$669	$743	$990	$1,021	51,271
Trousdale County Metro	$551	$629	$723	$938	$965	7,259
Unicoi County Metro	$365	$441	$547	$679	$847	17,667
Union County Metro	$457	$525	$633	$848	$875	17,808
Van Buren County	$405	$406	$501	$650	$669	5,508
Warren County	$406	$411	$529	$709	$843	38,276
Washington County Metro	$365	$441	$547	$679	$847	107,198
Wayne County	$335	$390	$503	$641	$660	16,842
Weakley County	$364	$447	$501	$733	$883	34,895
White County	$375	$381	$501	$708	$727	23,102
Williamson County Metro	$551	$629	$723	$938	$965	126,638
Wilson County Metro	$551	$629	$723	$938	$965	88,809

What's Next?

Here are some additional resources you may also be interested in:

RentData.org

Tennessee Fair Market Rent for 2008 Accurate Rental Price Data