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RentData.org Logo Tennessee Fair Market Rent for 2014 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$407 $465 $596 $798 $902
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 89th highest rent in the country out of 108 states and territories. The Fair Market Rent in Tennessee ranges from $563 for a 2-bedroom apartment in Benton County, TN to $851 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN MSA.

For FY 2014, the Nashville-Davidson--Murfreesboro--Franklin, TN MSA (Cannon County) rent for a studio or efficiency is $616 per month and $1,214 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 $596 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,654,916 people. So, there are around 398,237 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
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Knoxville, TN MSA Metro $492 $628 $774 $1,034 $1,162 75,129
Bedford County, TN $419 $520 $616 $868 $1,028 45,058
Benton County, TN $383 $416 $563 $830 $997 16,489
Bledsoe County, TN $383 $430 $563 $701 $796 12,876
Cleveland, TN MSA Metro $446 $480 $649 $835 $1,075 98,963
Campbell County, TN $383 $451 $563 $739 $997 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN MSA Metro $616 $711 $851 $1,131 $1,214 13,801
Carroll County, TN $383 $416 $563 $701 $861 28,522
Johnson City, TN MSA Metro $433 $514 $646 $883 $1,108 57,424
Jackson, TN MSA Metro $408 $537 $685 $913 $997 17,131
Claiborne County, TN $348 $470 $563 $701 $997 32,213
Clay County, TN $383 $416 $563 $830 $834 7,861
Cocke County, TN $383 $462 $563 $814 $817 35,662
Coffee County, TN $384 $464 $615 $844 $899 52,796
Crockett County, TN $396 $491 $582 $735 $895 14,586
Cumberland County, TN $400 $492 $588 $736 $786 56,053
Decatur County, TN $383 $475 $563 $733 $939 11,757
DeKalb County, TN $383 $416 $563 $822 $825 18,723
Dyer County, TN $424 $426 $577 $778 $781 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $576 $658 $780 $1,066 $1,188 38,413
Fentress County, TN $383 $416 $563 $717 $785 17,959
Franklin County, TN $396 $431 $583 $779 $782 41,052
Gibson County, TN $451 $454 $563 $771 $774 49,683
Giles County, TN $421 $522 $619 $888 $891 29,485
Morristown, TN MSA Metro $439 $485 $637 $854 $998 22,657
Greene County, TN $397 $487 $584 $776 $787 68,831
Grundy County, TN $383 $433 $563 $830 $832 13,703
Chattanooga, TN-GA MSA Metro $452 $546 $679 $923 $1,041 336,463
Hancock County, TN $383 $423 $563 $773 $997 6,819
Hardeman County, TN $383 $475 $563 $708 $924 27,253
Hardin County, TN $383 $416 $563 $705 $997 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $432 $480 $617 $807 $913 56,833
Haywood County, TN $380 $538 $638 $795 $853 18,787
Henderson County, TN $384 $418 $565 $704 $755 27,769
Henry County, TN $394 $488 $579 $721 $1,025 32,330
Hickman County, TN HUD Metro FMR Area Metro $458 $467 $632 $931 $1,095 24,690
Houston County, TN $335 $416 $563 $710 $752 8,426
Humphreys County, TN $383 $475 $563 $737 $752 18,538
Jackson County, TN $383 $416 $563 $830 $832 11,638
Johnson County, TN $383 $416 $563 $701 $752 18,244
Lake County, TN $440 $442 $563 $830 $906 7,832
Lauderdale County, TN $383 $416 $563 $798 $988 27,815
Lawrence County, TN $383 $435 $563 $701 $777 41,869
Lewis County, TN $383 $475 $563 $830 $997 12,161
Lincoln County, TN $383 $430 $563 $701 $946 33,361
McMinn County, TN $348 $487 $585 $770 $880 52,266
McNairy County, TN $358 $416 $563 $701 $757 26,075
Macon County, TN HUD Metro FMR Area Metro $408 $416 $563 $701 $752 22,248
Marshall County, TN $442 $481 $651 $829 $881 30,617
Maury County, TN $462 $465 $618 $830 $948 80,956
Meigs County, TN $383 $430 $563 $830 $832 11,753
Monroe County, TN $383 $427 $563 $753 $796 44,519
Clarksville, TN-KY HUD Metro FMR Area Metro $516 $588 $767 $1,016 $1,102 172,331
Moore County, TN $408 $459 $601 $805 $850 6,362
Morgan County, TN $383 $444 $563 $701 $863 21,987
Obion County, TN $368 $416 $563 $702 $752 31,807
Overton County, TN $383 $419 $563 $830 $997 22,083
Perry County, TN $383 $475 $563 $701 $796 7,915
Pickett County, TN $383 $430 $563 $701 $796 5,077
Putnam County, TN $406 $458 $598 $855 $939 72,321
Rhea County, TN $455 $459 $563 $753 $775 31,809
Roane County, TN $413 $449 $608 $829 $833 54,181
Scott County, TN $398 $475 $563 $791 $997 22,228
Sevier County, TN $491 $541 $723 $900 $1,160 89,889
Smith County, TN HUD Metro FMR Area Metro $406 $426 $573 $777 $799 19,166
Stewart County, TN HUD Metro FMR Area Metro $379 $433 $563 $773 $809 13,324
Van Buren County, TN $383 $430 $563 $701 $796 5,548
Warren County, TN $383 $416 $563 $812 $997 39,839
Wayne County, TN $383 $416 $563 $821 $997 17,021
Weakley County, TN $421 $445 $563 $786 $790 35,021
White County, TN $404 $439 $594 $771 $794 25,841

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