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RentData.org Logo Lynn County Fair Market Rent FY 2024 Lynn County, TX HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Lynn County, TX :
$633 $758 $905 $1,264 $1,462
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 Lynn County 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 Lynn County is $905 per month.

The previous year, rent for a two-bedroom home was $826 per month. This is a 9.56% increase year-over-year.

This FMR rate applies to New Home, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO31180N48305.

Additionally, This Fair Market Rent (FMR) area Lynn County, TX HUD Metro FMR Area spans one county or city in Texas which is listed in the table below. Estimated population of Lynn County, TX HUD Metro FMR Area FMR area is 5,886 people based on latest Census data.

Compared to the rest of Texas, the Lynn County FMR area is less expensive than 75% 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 Lynn County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lynn 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 $ 825
1-BR 1-Bedroom $ 987
2-BR 2-Bedroom $ 1179
3-BR 3-Bedroom $ 1647
4-BR 4-Bedroom $ 1904
Change Year:
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Lynn County, TX HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Lubbock.

County / Region Est. Population
Lynn County, TX Metro 5,886
Zip Codes in Lynn County, TX HUD Metro FMR Area

There is 1 unique zip code in this Fair Market Rent (FMR) area:

79383

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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