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RentData.org Logo Tennessee Fair Market Rent for 2018 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$476 $522 $657 $877 $1,002
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 44th highest rent in the country out of 56 states and territories. The Fair Market Rent in Tennessee ranges from $613 for a 2-bedroom apartment in Benton County, TN to $1,002 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2018, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $731 per month and $1,564 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 $657 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:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Knoxville, TN HUD Metro FMR Area Metro $549 $694 $846 $1,097 $1,417 75,129
Bedford County, TN $519 $601 $709 $971 $1,202 45,058
Benton County, TN $449 $510 $613 $878 $881 16,489
Bledsoe County, TN $449 $528 $613 $769 $903 12,876
Cleveland, TN MSA Metro $485 $571 $760 $965 $1,213 98,963
Campbell County, TN HUD Metro FMR Area Metro $403 $461 $613 $777 $1,080 40,716
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $731 $816 $1,002 $1,327 $1,564 13,801
Carroll County, TN $449 $461 $613 $769 $903 28,522
Johnson City, TN MSA Metro $491 $530 $669 $843 $976 57,424
Jackson, TN HUD Metro FMR Area Metro $530 $603 $734 $1,019 $1,167 17,131
Claiborne County, TN $449 $489 $613 $769 $1,049 32,213
Clay County, TN $449 $476 $613 $850 $903 7,861
Cocke County, TN $449 $461 $613 $892 $903 35,662
Coffee County, TN $434 $512 $681 $910 $935 52,796
Crockett County, TN HUD Metro FMR Area Metro $482 $504 $658 $840 $1,149 14,586
Cumberland County, TN $491 $494 $657 $846 $895 56,053
Decatur County, TN $452 $534 $613 $804 $903 11,757
DeKalb County, TN $449 $461 $613 $892 $903 18,723
Dyer County, TN $472 $485 $645 $933 $936 38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro $628 $705 $833 $1,136 $1,316 38,413
Fentress County, TN $449 $483 $613 $779 $1,032 17,959
Franklin County, TN $449 $461 $613 $892 $1,070 41,052
Gibson County, TN $452 $534 $613 $816 $970 49,683
Giles County, TN $459 $546 $627 $856 $973 29,485
Grainger County, TN HUD Metro FMR Area Metro $403 $503 $613 $832 $835 22,657
Greene County, TN $458 $461 $613 $784 $928 68,831
Grundy County, TN $449 $506 $613 $874 $903 13,703
Morristown, TN MSA Metro $489 $511 $677 $932 $935 62,544
Chattanooga, TN-GA MSA Metro $542 $656 $806 $1,053 $1,302 336,463
Hancock County, TN $449 $504 $613 $884 $1,080 6,819
Hardeman County, TN $449 $461 $613 $825 $913 27,253
Hardin County, TN $499 $512 $681 $854 $1,003 26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro $505 $514 $684 $903 $982 56,833
Haywood County, TN $494 $507 $674 $906 $1,059 18,787
Henderson County, TN $493 $506 $673 $844 $917 27,769
Henry County, TN $449 $461 $613 $830 $957 32,330
Hickman County, TN HUD Metro FMR Area Metro $533 $603 $739 $927 $1,087 24,690
Houston County, TN $449 $534 $613 $769 $859 8,426
Humphreys County, TN $484 $524 $661 $847 $914 18,538
Jackson County, TN $449 $461 $613 $866 $903 11,638
Johnson County, TN $449 $534 $613 $769 $903 18,244
Lake County, TN $449 $534 $613 $832 $835 7,832
Lauderdale County, TN $449 $519 $613 $827 $965 27,815
Lawrence County, TN $449 $512 $613 $785 $883 41,869
Lewis County, TN $449 $534 $613 $892 $1,080 12,161
Lincoln County, TN $460 $490 $628 $852 $855 33,361
McMinn County, TN $458 $544 $625 $814 $870 52,266
McNairy County, TN $449 $461 $613 $806 $1,080 26,075
Macon County, TN HUD Metro FMR Area Metro $445 $480 $617 $812 $960 22,248
Marshall County, TN $543 $547 $727 $911 $990 30,617
Maury County, TN HUD Metro FMR Area Metro $576 $649 $766 $1,114 $1,208 80,956
Meigs County, TN $455 $541 $621 $903 $915 11,753
Monroe County, TN $451 $494 $635 $924 $1,017 44,519
Clarksville, TN-KY MSA Metro $544 $660 $838 $1,169 $1,314 172,331
Moore County, TN $449 $476 $613 $892 $903 6,362
Morgan County, TN HUD Metro FMR Area Metro $431 $493 $656 $860 $1,078 21,987
Obion County, TN $425 $482 $613 $834 $1,080 31,807
Overton County, TN $455 $467 $621 $779 $846 22,083
Perry County, TN $447 $466 $613 $769 $903 7,915
Pickett County, TN $449 $476 $613 $769 $903 5,077
Putnam County, TN $536 $539 $659 $948 $971 72,321
Rhea County, TN $548 $563 $647 $839 $953 31,809
Roane County, TN HUD Metro FMR Area Metro $495 $566 $753 $944 $1,143 54,181
Scott County, TN $449 $461 $613 $858 $1,023 22,228
Sevier County, TN $623 $628 $736 $1,061 $1,089 89,889
Smith County, TN HUD Metro FMR Area Metro $471 $492 $654 $820 $1,074 19,166
Stewart County, TN $449 $520 $613 $821 $903 13,324
Van Buren County, TN $449 $461 $613 $769 $835 5,548
Warren County, TN $454 $466 $620 $808 $1,089 39,839
Wayne County, TN $449 $467 $613 $769 $845 17,021
Weakley County, TN $391 $475 $613 $801 $984 35,021
White County, TN $449 $476 $613 $832 $835 25,841
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