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RentData.org Logo Jackson Fair Market Rent FY 2024 Jackson, TN HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Jackson, TN :
$771 $866 $1,138 $1,558 $1,563
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Jackson are high compared to the national average. This FMR area is more expensive than 77% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Jackson is $1,138 per month.

The previous year, rent for a two-bedroom home was $937 per month. This is a 21.45% increase year-over-year.

This FMR rate applies to Jacks Creek, TN, Milledgeville, TN, Luray, TN, Hornsby, TN, Enville, TN, Finger, TN, Reagan, TN, Huron, TN, Medon, TN, Pinson, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO27180M27180.

Additionally, This Fair Market Rent (FMR) area Jackson, TN HUD Metro FMR Area spans one county or city in Tennessee which is listed in the table below. Estimated population of Jackson, TN HUD Metro FMR Area FMR area is 17,260 people based on latest Census data.

Compared to the rest of Tennessee, the Jackson FMR area is more expensive than 91% 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 Jackson. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Jackson

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 $ 834
1-BR 1-Bedroom $ 937
2-BR 2-Bedroom $ 1231
3-BR 3-Bedroom $ 1685
4-BR 4-Bedroom $ 1691
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Jackson, TN HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Memphis and Jackson, Tn.

County / Region Est. Population
Jackson, TN Metro 17,260
Zip Codes in Jackson, TN HUD Metro FMR Area

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

38044, 38313, 38315, 38332, 38334, 38340, 38345, 38347, 38352, 38356, 38359, 38366 and 38368

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What's Next?

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