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RentData.org Logo Tennessee Fair Market Rent for 2017 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$466 $511 $646 $861 $980
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 47th highest rent in the country out of 56 states and territories. The Fair Market Rent in Tennessee ranges from $608 for a 2-bedroom apartment in Benton County, TN to $959 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2017, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $700 per month and $1,503 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 $646 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,717,460 people. So, there are around 407,619 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 HUD Metro FMR Area Metro $520 $669 $811 $1,057 $1,374 75,129
Bedford County, TN $501 $595 $686 $977 $1,187 45,058
Benton County, TN $444 $457 $608 $846 $849 16,489
Bledsoe County, TN $444 $527 $608 $761 $891 12,876
Cleveland, TN MSA Metro $473 $561 $745 $950 $1,198 98,963
Campbell County, TN HUD Metro FMR Area Metro $389 $457 $608 $764 $1,071 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $700 $780 $959 $1,274 $1,503 13,801
Carroll County, TN $444 $457 $608 $761 $891 28,522
Johnson City, TN MSA Metro $472 $527 $668 $846 $1,000 57,424
Jackson, TN HUD Metro FMR Area Metro $500 $566 $687 $948 $1,097 17,131
Claiborne County, TN $444 $502 $608 $761 $1,066 32,213
Clay County, TN $444 $468 $608 $793 $891 7,861
Cocke County, TN $444 $457 $608 $885 $891 35,662
Coffee County, TN $440 $521 $693 $919 $955 52,796
Crockett County, TN HUD Metro FMR Area Metro $448 $475 $608 $772 $1,058 14,586
Cumberland County, TN $490 $505 $671 $844 $925 56,053
Decatur County, TN $502 $527 $608 $829 $973 11,757
DeKalb County, TN $444 $457 $608 $851 $854 18,723
Dyer County, TN $456 $470 $625 $910 $930 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $631 $707 $835 $1,137 $1,331 38,413
Fentress County, TN $444 $457 $608 $761 $934 17,959
Franklin County, TN $444 $457 $608 $876 $1,007 41,052
Gibson County, TN $502 $524 $608 $809 $933 49,683
Giles County, TN $444 $527 $608 $830 $912 29,485
Grainger County, TN HUD Metro FMR Area Metro $389 $460 $608 $854 $894 22,657
Greene County, TN $494 $497 $661 $845 $987 68,831
Grundy County, TN $444 $496 $608 $849 $891 13,703
Morristown, TN MSA Metro $480 $502 $667 $930 $933 62,544
Chattanooga, TN-GA MSA Metro $562 $661 $822 $1,084 $1,343 336,463
Hancock County, TN $444 $495 $608 $827 $1,071 6,819
Hardeman County, TN $444 $457 $608 $789 $871 27,253
Hardin County, TN $501 $516 $686 $858 $1,005 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $453 $479 $636 $836 $914 56,833
Haywood County, TN $488 $521 $668 $877 $979 18,787
Henderson County, TN $488 $503 $669 $837 $922 27,769
Henry County, TN $444 $457 $608 $787 $1,028 32,330
Hickman County, TN HUD Metro FMR Area Metro $510 $584 $717 $954 $988 24,690
Houston County, TN $444 $487 $608 $776 $892 8,426
Humphreys County, TN $466 $488 $638 $798 $879 18,538
Jackson County, TN $444 $510 $608 $885 $891 11,638
Johnson County, TN $444 $527 $608 $761 $866 18,244
Lake County, TN $444 $527 $608 $835 $838 7,832
Lauderdale County, TN $444 $479 $608 $832 $961 27,815
Lawrence County, TN $444 $503 $608 $773 $892 41,869
Lewis County, TN $444 $527 $608 $885 $1,071 12,161
Lincoln County, TN $446 $469 $611 $839 $842 33,361
McMinn County, TN $467 $549 $640 $824 $919 52,266
McNairy County, TN $444 $457 $608 $785 $1,010 26,075
Macon County, TN HUD Metro FMR Area Metro $433 $461 $608 $782 $944 22,248
Marshall County, TN $522 $525 $698 $873 $962 30,617
Maury County, TN HUD Metro FMR Area Metro $588 $642 $755 $1,099 $1,230 80,956
Meigs County, TN $444 $527 $608 $885 $891 11,753
Monroe County, TN $455 $458 $609 $887 $898 44,519
Clarksville, TN-KY MSA Metro $487 $596 $768 $1,056 $1,173 172,331
Moore County, TN $444 $468 $608 $871 $891 6,362
Morgan County, TN HUD Metro FMR Area Metro $405 $476 $633 $835 $959 21,987
Obion County, TN $415 $457 $608 $828 $1,042 31,807
Overton County, TN $444 $457 $608 $761 $914 22,083
Perry County, TN $397 $472 $608 $761 $891 7,915
Pickett County, TN $444 $468 $608 $761 $891 5,077
Putnam County, TN $505 $508 $617 $847 $850 72,321
Rhea County, TN $530 $556 $641 $825 $939 31,809
Roane County, TN HUD Metro FMR Area Metro $461 $542 $721 $906 $1,082 54,181
Scott County, TN $444 $457 $608 $868 $1,071 22,228
Sevier County, TN $576 $596 $710 $988 $991 89,889
Smith County, TN HUD Metro FMR Area Metro $446 $471 $626 $783 $945 19,166
Stewart County, TN $444 $527 $608 $885 $891 13,324
Van Buren County, TN $444 $457 $608 $761 $838 5,548
Warren County, TN $444 $457 $608 $830 $1,071 39,839
Wayne County, TN $444 $462 $608 $761 $838 17,021
Weakley County, TN $386 $468 $608 $799 $926 35,021
White County, TN $444 $468 $608 $833 $838 25,841

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