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

Average Fair Market Rent Prices in Tennessee:
$588 $625 $774 $1,022 $1,188
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 $774 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 6,597,390 people. So, there are around 989,609 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
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Anderson County Metro $624 $729 $896 $1,182 $1,421 75,540
Bedford County $599 $603 $795 $989 $1,170 46,855
Benton County $514 $582 $663 $849 $961 16,155
Bledsoe County $514 $549 $663 $949 $1,148 14,415
Blount County Metro $624 $729 $896 $1,182 $1,421 127,135
Bradley County Metro $536 $617 $813 $1,056 $1,212 103,665
Campbell County Metro $445 $509 $671 $914 $1,035 39,825
Cannon County Metro $998 $1,031 $1,197 $1,539 $1,930 13,840
Carroll County $514 $582 $663 $855 $899 28,135
Carter County Metro $617 $621 $752 $956 $1,114 56,500
Cheatham County Metro $998 $1,031 $1,197 $1,539 $1,930 39,715
Chester County Metro $549 $661 $832 $1,147 $1,152 17,095
Claiborne County $514 $530 $663 $825 $908 31,565
Clay County $514 $519 $663 $949 $957 7,685
Cocke County $500 $503 $663 $949 $1,148 35,260
Coffee County $539 $543 $715 $974 $1,236 54,075
Crockett County Metro $444 $511 $673 $900 $1,165 14,555
Cumberland County $500 $503 $663 $942 $1,050 58,180
Davidson County Metro $998 $1,031 $1,197 $1,539 $1,930 678,320
Decatur County $514 $582 $663 $825 $980 11,680
DeKalb County $500 $503 $663 $919 $980 19,380
Dickson County Metro $998 $1,031 $1,197 $1,539 $1,930 51,340
Dyer County $443 $509 $671 $960 $1,001 37,750
Fayette County Metro $686 $784 $911 $1,228 $1,412 39,335
Fentress County $500 $503 $663 $837 $1,042 17,940
Franklin County $509 $512 $663 $949 $1,090 41,395
Gibson County $521 $570 $672 $923 $1,163 49,220
Giles County $517 $585 $667 $871 $1,071 29,025
Grainger County Metro $481 $575 $689 $924 $934 22,940
Greene County $548 $551 $663 $941 $1,125 68,520
Grundy County $514 $514 $663 $888 $980 13,360
Hamblen County Metro $568 $571 $753 $1,028 $1,032 63,465
Hamilton County Metro $636 $694 $838 $1,092 $1,306 354,590
Hancock County $502 $505 $663 $898 $1,148 6,605
Hardeman County $500 $503 $663 $867 $928 25,785
Hardin County $504 $508 $669 $832 $1,018 25,815
Hawkins County Metro $513 $533 $701 $916 $1,008 56,400
Haywood County $484 $503 $663 $899 $980 17,945
Henderson County $514 $545 $663 $888 $899 27,890
Henry County $507 $510 $663 $854 $904 32,265
Hickman County Metro $647 $685 $781 $1,013 $1,352 24,500
Houston County $539 $543 $715 $889 $970 8,190
Humphreys County $514 $582 $663 $915 $1,148 18,280
Jackson County $500 $503 $663 $825 $899 11,575
Jefferson County Metro $568 $571 $753 $1,028 $1,032 52,885
Johnson County $501 $504 $664 $826 $982 17,845
Knox County Metro $624 $729 $896 $1,182 $1,421 452,285
Lake County $500 $503 $663 $825 $959 7,590
Lauderdale County $500 $503 $663 $871 $1,040 26,495
Lawrence County $520 $525 $671 $878 $1,042 42,590
Lewis County $500 $503 $663 $901 $980 11,945
Lincoln County $518 $537 $668 $927 $1,030 33,545
Loudon County Metro $624 $729 $896 $1,182 $1,421 51,025
McMinn County $541 $612 $698 $943 $947 52,570
McNairy County $514 $561 $663 $873 $1,148 25,945
Macon County Metro $551 $555 $731 $909 $1,171 23,240
Madison County Metro $549 $661 $832 $1,147 $1,152 97,885
Marion County Metro $636 $694 $838 $1,092 $1,306 28,355
Marshall County $571 $574 $757 $974 $1,027 31,755
Maury County Metro $730 $735 $945 $1,342 $1,452 87,605
Meigs County $514 $582 $663 $949 $980 11,830
Monroe County $437 $568 $663 $896 $899 45,700
Montgomery County Metro $576 $689 $872 $1,248 $1,510 192,120
Moore County $514 $519 $663 $933 $980 6,300
Morgan County Metro $478 $520 $685 $945 $1,186 21,640
Obion County $453 $545 $663 $854 $926 30,660
Overton County $514 $519 $663 $916 $980 21,995
Perry County $500 $503 $663 $925 $980 7,880
Pickett County $501 $519 $663 $825 $980 5,070
Polk County Metro $536 $617 $813 $1,056 $1,212 16,720
Putnam County $548 $552 $717 $987 $1,092 75,565
Rhea County $516 $519 $684 $914 $1,142 32,480
Roane County Metro $512 $597 $776 $986 $1,201 52,925
Robertson County Metro $998 $1,031 $1,197 $1,539 $1,930 68,575
Rutherford County Metro $998 $1,031 $1,197 $1,539 $1,930 298,455
Scott County $500 $504 $663 $896 $899 21,950
Sequatchie County Metro $636 $694 $838 $1,092 $1,306 14,655
Sevier County $658 $687 $808 $1,067 $1,197 95,525
Shelby County Metro $686 $784 $911 $1,228 $1,412 937,845
Smith County Metro $494 $546 $720 $908 $1,074 19,280
Stewart County $520 $525 $671 $835 $1,162 13,250
Sullivan County Metro $513 $533 $701 $916 $1,008 156,520
Sumner County Metro $998 $1,031 $1,197 $1,539 $1,930 175,730
Tipton County Metro $686 $784 $911 $1,228 $1,412 61,435
Trousdale County Metro $998 $1,031 $1,197 $1,539 $1,930 8,775
Unicoi County Metro $617 $621 $752 $956 $1,114 17,830
Union County Metro $624 $729 $896 $1,182 $1,421 19,175
Van Buren County $500 $503 $663 $861 $980 5,675
Warren County $525 $529 $697 $867 $1,042 40,210
Washington County Metro $617 $621 $752 $956 $1,114 126,435
Wayne County $514 $556 $663 $898 $980 16,715
Weakley County $514 $547 $663 $843 $977 33,775
White County $525 $530 $677 $842 $918 26,395
Williamson County Metro $998 $1,031 $1,197 $1,539 $1,930 212,160
Wilson County Metro $998 $1,031 $1,197 $1,539 $1,930 128,875

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