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RentData.org Logo Tennessee Fair Market Rent for 2008 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$395 $435 $531 $691 $763
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (42) has the 121st highest rent in the country out of 162 states and territories. The Fair Market Rent in Tennessee ranges from $501 for a 2-bedroom apartment in Benton County, TN to $743 for a 2-bedroom unit in Memphis, TN-MS-AR HUD Metro FMR Area.

For FY 2008, the Memphis, TN-MS-AR HUD Metro FMR Area (Fayette County) rent for a studio or efficiency is $615 per month and $1,021 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Tennessee is $531 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,429,853 people. So, there are around 364,478 people in Tennessee who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Tennessee Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Tennessee
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Knoxville, TN MSA Metro $457 $525 $633 $848 $875 71,330
Bedford County, TN $410 $501 $630 $789 $812 37,586
Benton County, TN $395 $396 $501 $619 $680 16,537
Bledsoe County, TN $328 $411 $501 $658 $678 12,367
Cleveland, TN MSA Metro $439 $448 $577 $724 $920 87,965
Campbell County, TN $416 $417 $501 $645 $768 39,854
Nashville-Davidson--Murfreesboro--Franklin, TN MSA Metro $551 $629 $723 $938 $965 12,826
Carroll County, TN $415 $416 $501 $618 $690 29,475
Johnson City, TN MSA Metro $365 $441 $547 $679 $847 56,742
Jackson, TN MSA Metro $472 $515 $650 $870 $894 15,540
Claiborne County, TN $326 $415 $501 $670 $752 29,862
Clay County, TN $405 $406 $501 $650 $669 7,976
Cocke County, TN $327 $403 $501 $600 $818 33,565
Coffee County, TN $449 $450 $540 $732 $800 48,014
Crockett County, TN $416 $452 $501 $653 $674 14,532
Cumberland County, TN $415 $416 $501 $710 $879 46,802
Decatur County, TN $375 $412 $501 $644 $733 11,731
DeKalb County, TN $416 $417 $501 $723 $747 17,423
Dyer County, TN $339 $398 $522 $696 $760 37,279
Memphis, TN-MS-AR HUD Metro FMR Area Metro $615 $669 $743 $990 $1,021 28,806
Fentress County, TN $405 $406 $501 $650 $669 16,625
Franklin County, TN $344 $413 $531 $772 $930 39,270
Gibson County, TN $410 $420 $501 $629 $696 48,152
Giles County, TN $353 $415 $548 $659 $678 29,447
Morristown, TN MSA Metro $429 $431 $517 $678 $764 20,659
Greene County, TN $325 $410 $501 $679 $697 62,909
Grundy County, TN $328 $411 $501 $658 $678 14,332
Chattanooga, TN-GA MSA Metro $513 $543 $639 $787 $925 307,896
Hancock County, TN $415 $416 $501 $641 $772 6,786
Hardeman County, TN $362 $449 $501 $678 $879 28,105
Hardin County, TN $367 $409 $501 $664 $684 25,578
Kingsport-Bristol-Bristol, TN-VA MSA Metro $401 $431 $535 $717 $857 53,563
Haywood County, TN $421 $436 $571 $682 $750 19,797
Henderson County, TN $352 $466 $544 $648 $669 25,522
Henry County, TN $328 $384 $505 $604 $735 31,115
Hickman County, TN HUD Metro FMR Area Metro $337 $468 $519 $757 $780 22,295
Houston County, TN $395 $396 $501 $619 $680 8,088
Humphreys County, TN $416 $451 $501 $714 $737 17,929
Jackson County, TN $405 $406 $501 $650 $669 10,984
Johnson County, TN $325 $404 $501 $672 $704 17,499
Lake County, TN $372 $416 $501 $650 $689 7,954
Lauderdale County, TN $440 $441 $531 $645 $666 27,101
Lawrence County, TN $345 $387 $501 $620 $707 39,926
Lewis County, TN $335 $390 $503 $641 $660 11,367
Lincoln County, TN $415 $416 $501 $612 $630 31,340
McMinn County, TN $442 $443 $533 $637 $850 49,015
McNairy County, TN $326 $383 $501 $723 $745 24,653
Macon County, TN HUD Metro FMR Area Metro $326 $396 $501 $597 $663 20,386
Marshall County, TN $405 $430 $564 $678 $851 26,767
Maury County, TN $433 $540 $666 $848 $873 69,498
Meigs County, TN $328 $411 $501 $658 $678 11,086
Monroe County, TN $395 $396 $503 $602 $768 38,961
Clarksville, TN-KY HUD Metro FMR Area Metro $518 $539 $626 $905 $931 134,768
Moore County, TN $440 $441 $528 $697 $719 5,740
Morgan County, TN $413 $414 $501 $627 $730 19,757
Obion County, TN $344 $415 $501 $661 $696 32,450
Overton County, TN $327 $411 $501 $612 $630 20,118
Perry County, TN $335 $390 $503 $641 $660 7,631
Pickett County, TN $405 $406 $501 $650 $669 4,945
Putnam County, TN $418 $419 $522 $751 $806 62,315
Rhea County, TN $325 $401 $501 $665 $684 28,400
Roane County, TN $440 $455 $528 $706 $725 51,910
Scott County, TN $416 $424 $501 $663 $882 21,127
Sevier County, TN $504 $546 $615 $740 $1,081 71,170
Smith County, TN HUD Metro FMR Area Metro $432 $433 $519 $692 $715 17,712
Stewart County, TN HUD Metro FMR Area Metro $335 $436 $515 $702 $724 12,370
Van Buren County, TN $405 $406 $501 $650 $669 5,508
Warren County, TN $406 $411 $529 $709 $843 38,276
Wayne County, TN $335 $390 $503 $641 $660 16,842
Weakley County, TN $364 $447 $501 $733 $883 34,895
White County, TN $375 $381 $501 $708 $727 23,102

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