RentData.org

RentData.org Logo Morgan County Fair Market Rent FY 2008 Morgan County, TN Rental Data

Fair Market Rent Prices in Morgan County, TN :
$413 $414 $501 $627 $730
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 Morgan County are very low compared to the national average. This FMR area is less expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Morgan County is $501 per month.

The previous year, rent for a two-bedroom home was $479 per month. This is a 4.59% increase year-over-year.

This FMR rate applies to Coalfield, TN, Rugby, TN, Petros, TN, Oakdale, TN, Sunbright, TN, Robbins, TN, Lancing, TN, Wartburg, TN, Harriman, TN and other cities within the region. The Metro Code or CBSA code for this region is NCNTY47129N47129.

Additionally, This Fair Market Rent (FMR) area Morgan County, TN spans one county or city in Tennessee which is listed in the table below. Estimated population of Morgan County, TN FMR area is 19,757 people based on latest Census data.

Compared to the rest of Tennessee, the Morgan County FMR area is less expensive than 53% of the state.

Tennessee Rents Map

Click on the map to view more another region.

See Nationwide Map

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

Median Rent Prices in Morgan 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 $ 427
1-BR 1-Bedroom $ 428
2-BR 2-Bedroom $ 515
3-BR 3-Bedroom $ 644
4-BR 4-Bedroom $ 736
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

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

County / Region Est. Population
Morgan County, TN 19,757
Zip Codes in Morgan County, TN

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

37719, 37733, 37748, 37770, 37829, 37845, 37852, 37872 and 37887

Lookup Fair Market Rent by Zip Code

What's Next?

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

Top