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RentData.org Logo Tennessee Fair Market Rent for 2021 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$533 $564 $709 $942 $1,080
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (TN) has the 43rd highest rent in the country out of 56 states and territories. The Fair Market Rent in Tennessee ranges from $663 for a 2-bedroom apartment in Benton County, TN to $1,197 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2021, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $998 per month and $1,930 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 $709 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,775,260 people. So, there are around 416,289 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 $624 $729 $896 $1,182 $1,421 75,540
Bedford County, TN $599 $603 $795 $989 $1,170 46,855
Benton County, TN $514 $582 $663 $849 $961 16,155
Bledsoe County, TN $514 $549 $663 $949 $1,148 14,415
Cleveland, TN MSA Metro $536 $617 $813 $1,056 $1,212 103,665
Campbell County, TN HUD Metro FMR Area Metro $445 $509 $671 $914 $1,035 39,825
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $998 $1,031 $1,197 $1,539 $1,930 13,840
Carroll County, TN $514 $582 $663 $855 $899 28,135
Johnson City, TN MSA Metro $617 $621 $752 $956 $1,114 56,500
Jackson, TN HUD Metro FMR Area Metro $549 $661 $832 $1,147 $1,152 17,095
Claiborne County, TN $514 $530 $663 $825 $908 31,565
Clay County, TN $514 $519 $663 $949 $957 7,685
Cocke County, TN $500 $503 $663 $949 $1,148 35,260
Coffee County, TN $539 $543 $715 $974 $1,236 54,075
Crockett County, TN HUD Metro FMR Area Metro $444 $511 $673 $900 $1,165 14,555
Cumberland County, TN $500 $503 $663 $942 $1,050 58,180
Decatur County, TN $514 $582 $663 $825 $980 11,680
DeKalb County, TN $500 $503 $663 $919 $980 19,380
Dyer County, TN $443 $509 $671 $960 $1,001 37,750
Memphis, TN-MS-AR HUD Metro FMR Area Metro $686 $784 $911 $1,228 $1,412 39,335
Fentress County, TN $500 $503 $663 $837 $1,042 17,940
Franklin County, TN $509 $512 $663 $949 $1,090 41,395
Gibson County, TN $521 $570 $672 $923 $1,163 49,220
Giles County, TN $517 $585 $667 $871 $1,071 29,025
Grainger County, TN HUD Metro FMR Area Metro $481 $575 $689 $924 $934 22,940
Greene County, TN $548 $551 $663 $941 $1,125 68,520
Grundy County, TN $514 $514 $663 $888 $980 13,360
Morristown, TN MSA Metro $568 $571 $753 $1,028 $1,032 63,465
Chattanooga, TN-GA MSA Metro $636 $694 $838 $1,092 $1,306 354,590
Hancock County, TN $502 $505 $663 $898 $1,148 6,605
Hardeman County, TN $500 $503 $663 $867 $928 25,785
Hardin County, TN $504 $508 $669 $832 $1,018 25,815
Kingsport-Bristol-Bristol, TN-VA MSA Metro $513 $533 $701 $916 $1,008 56,400
Haywood County, TN $484 $503 $663 $899 $980 17,945
Henderson County, TN $514 $545 $663 $888 $899 27,890
Henry County, TN $507 $510 $663 $854 $904 32,265
Hickman County, TN HUD Metro FMR Area Metro $647 $685 $781 $1,013 $1,352 24,500
Houston County, TN $539 $543 $715 $889 $970 8,190
Humphreys County, TN $514 $582 $663 $915 $1,148 18,280
Jackson County, TN $500 $503 $663 $825 $899 11,575
Johnson County, TN $501 $504 $664 $826 $982 17,845
Lake County, TN $500 $503 $663 $825 $959 7,590
Lauderdale County, TN $500 $503 $663 $871 $1,040 26,495
Lawrence County, TN $520 $525 $671 $878 $1,042 42,590
Lewis County, TN $500 $503 $663 $901 $980 11,945
Lincoln County, TN $518 $537 $668 $927 $1,030 33,545
McMinn County, TN $541 $612 $698 $943 $947 52,570
McNairy County, TN $514 $561 $663 $873 $1,148 25,945
Macon County, TN HUD Metro FMR Area Metro $551 $555 $731 $909 $1,171 23,240
Marshall County, TN $571 $574 $757 $974 $1,027 31,755
Maury County, TN HUD Metro FMR Area Metro $730 $735 $945 $1,342 $1,452 87,605
Meigs County, TN $514 $582 $663 $949 $980 11,830
Monroe County, TN $437 $568 $663 $896 $899 45,700
Clarksville, TN-KY MSA Metro $576 $689 $872 $1,248 $1,510 192,120
Moore County, TN $514 $519 $663 $933 $980 6,300
Morgan County, TN HUD Metro FMR Area Metro $478 $520 $685 $945 $1,186 21,640
Obion County, TN $453 $545 $663 $854 $926 30,660
Overton County, TN $514 $519 $663 $916 $980 21,995
Perry County, TN $500 $503 $663 $925 $980 7,880
Pickett County, TN $501 $519 $663 $825 $980 5,070
Putnam County, TN $548 $552 $717 $987 $1,092 75,565
Rhea County, TN $516 $519 $684 $914 $1,142 32,480
Roane County, TN HUD Metro FMR Area Metro $512 $597 $776 $986 $1,201 52,925
Scott County, TN $500 $504 $663 $896 $899 21,950
Sevier County, TN $658 $687 $808 $1,067 $1,197 95,525
Smith County, TN HUD Metro FMR Area Metro $494 $546 $720 $908 $1,074 19,280
Stewart County, TN $520 $525 $671 $835 $1,162 13,250
Van Buren County, TN $500 $503 $663 $861 $980 5,675
Warren County, TN $525 $529 $697 $867 $1,042 40,210
Wayne County, TN $514 $556 $663 $898 $980 16,715
Weakley County, TN $514 $547 $663 $843 $977 33,775
White County, TN $525 $530 $677 $842 $918 26,395

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