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RentData.org Logo Carroll County Fair Market Rent FY 2023 Carroll County, TN Rental Data

Fair Market Rent Prices in Carroll County, TN :
$609 $661 $747 $967 $1,003
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Carroll County are very low compared to the national average. This FMR area is less expensive than 92% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Carroll County is $747 per month.

The previous year, rent for a two-bedroom home was $676 per month. This is a 10.5% increase year-over-year.

This FMR rate applies to Mc Lemoresville, TN, Clarksburg, TN, Yuma, TN, Lavinia, TN, Hollow Rock, TN, Trezevant, TN, Wildersville, TN, Atwood, TN, Cedar Grove, TN, Huntingdon, TN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY47017N47017.

Additionally, This Fair Market Rent (FMR) area Carroll County, TN spans one county or city in Tennessee which is listed in the table below. Estimated population of Carroll County, TN FMR area is 27,841 people based on latest Census data.

Compared to the rest of Tennessee, the Carroll County FMR area is less expensive than 78% of the state.

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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 Carroll County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Carroll County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 651
1-BR 1-Bedroom $ 707
2-BR 2-Bedroom $ 798
3-BR 3-Bedroom $ 1033
4-BR 4-Bedroom $ 1072
Change Year:

There is just one county (listed below) within the Carroll County, TN FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Jackson, Tn.

County / Region Est. Population
Carroll County, TN 27,841
Zip Codes in Carroll County, TN

There are 13 unique zip codes in this Fair Market Rent (FMR) area:

38201, 38220, 38235, 38258, 38305, 38321, 38324, 38342, 38344, 38348, 38358, 38388 and 38390

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