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RentData.org Logo Johnson City Fair Market Rent FY 2021 Johnson City, TN MSA Rental Data

Fair Market Rent Prices in Johnson City, TN :
$617 $621 $752 $956 $1,114
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Johnson City are average compared to the national average. This FMR area is more expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Johnson City is $752 per month.

The previous year, rent for a two-bedroom home was $692 per month. This is a 8.67% increase year-over-year.

This FMR rate applies to Milligan College, TN, Watauga, TN, Butler, TN, Hampton, TN, Roan Mountain, TN, Mountain City, TN, Elizabethton, TN, Johnson City, TN and other cities within the region. The Metro Code or CBSA code for this region is METRO27740M27740.

Additionally, This Fair Market Rent (FMR) area Johnson City, TN MSA spans one county or city in Tennessee which is listed in the table below. Estimated population of Johnson City, TN MSA FMR area is 56,500 people based on latest Census data.

Compared to the rest of Tennessee, the Johnson City FMR area is more expensive than 83% 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 Johnson City. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Johnson City

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 $ 671
1-BR 1-Bedroom $ 676
2-BR 2-Bedroom $ 818
3-BR 3-Bedroom $ 1040
4-BR 4-Bedroom $ 1211
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Johnson City, TN MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Tri - Cities, Tn - Va.

County / Region Est. Population
Johnson City, TN Metro 56,500
Zip Codes in Johnson City, TN MSA

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

37601, 37604, 37640, 37643, 37658, 37682, 37683, 37687 and 37694

Lookup Fair Market Rent by Zip Code

What's Next?

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