2015 Fair Market Rent in Tennessee

Average Fair Market Rent Prices in Tennessee:

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$419	$478	$613	$821	$928
0-BR	1-BR	2-BR	3-BR	4-BR

Tennessee (42) has the 139th highest rent in the country out of 162 states and territories. The Fair Market Rent in Tennessee ranges from $581 for a 2-bedroom apartment in Benton County, TN to $850 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN MSA.

For FY 2015, the Nashville-Davidson--Murfreesboro--Franklin, TN MSA (Cannon County) rent for a studio or efficiency is $616 per month and $1,213 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 $613 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,654,916 people. So, there are around 398,237 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

County	0 BR	1 BR	2 BR	3 BR	4 BR	Est. Population
Knoxville, TN MSA Metro	$492	$628	$774	$1,034	$1,162	75,129
Bedford County, TN	$423	$525	$622	$877	$1,038	45,058
Benton County, TN	$395	$429	$581	$856	$1,029	16,489
Bledsoe County, TN	$395	$444	$581	$724	$821	12,876
Cleveland, TN MSA Metro	$470	$505	$683	$879	$1,132	98,963
Campbell County, TN	$395	$466	$581	$762	$1,029	40,716
Nashville-Davidson--Murfreesboro--Franklin, TN MSA Metro	$616	$710	$850	$1,130	$1,213	13,801
Carroll County, TN	$395	$429	$581	$724	$888	28,522
Johnson City, TN MSA Metro	$489	$580	$729	$997	$1,250	57,424
Jackson, TN MSA Metro	$403	$531	$678	$904	$987	17,131
Claiborne County, TN	$359	$485	$581	$724	$1,029	32,213
Clay County, TN	$395	$429	$581	$856	$861	7,861
Cocke County, TN	$395	$477	$581	$840	$843	35,662
Coffee County, TN	$397	$479	$635	$871	$928	52,796
Crockett County, TN	$415	$515	$611	$772	$940	14,586
Cumberland County, TN	$407	$501	$599	$750	$801	56,053
Decatur County, TN	$395	$490	$581	$757	$969	11,757
DeKalb County, TN	$395	$429	$581	$848	$851	18,723
Dyer County, TN	$440	$443	$599	$808	$811	38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro	$614	$702	$832	$1,137	$1,267	38,413
Fentress County, TN	$395	$429	$581	$740	$811	17,959
Franklin County, TN	$398	$432	$585	$782	$785	41,052
Gibson County, TN	$465	$468	$581	$795	$798	49,683
Giles County, TN	$396	$492	$583	$836	$839	29,485
Morristown, TN MSA Metro	$408	$451	$593	$795	$929	22,657
Greene County, TN	$395	$485	$581	$772	$783	68,831
Grundy County, TN	$395	$447	$581	$856	$859	13,703
Chattanooga, TN-GA MSA Metro	$476	$574	$714	$971	$1,094	336,463
Hancock County, TN	$395	$437	$581	$797	$1,029	6,819
Hardeman County, TN	$395	$490	$581	$731	$953	27,253
Hardin County, TN	$395	$429	$581	$727	$1,029	26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro	$461	$511	$658	$861	$974	56,833
Haywood County, TN	$364	$515	$611	$761	$817	18,787
Henderson County, TN	$425	$462	$625	$778	$835	27,769
Henry County, TN	$404	$502	$595	$741	$1,054	32,330
Hickman County, TN HUD Metro FMR Area Metro	$465	$475	$642	$946	$1,112	24,690
Houston County, TN	$346	$429	$581	$733	$776	8,426
Humphreys County, TN	$395	$490	$581	$761	$776	18,538
Jackson County, TN	$395	$429	$581	$856	$859	11,638
Johnson County, TN	$395	$429	$581	$724	$776	18,244
Lake County, TN	$454	$457	$581	$856	$935	7,832
Lauderdale County, TN	$395	$429	$581	$824	$1,019	27,815
Lawrence County, TN	$395	$448	$581	$724	$802	41,869
Lewis County, TN	$395	$490	$581	$856	$1,029	12,161
Lincoln County, TN	$395	$444	$581	$724	$977	33,361
McMinn County, TN	$362	$507	$609	$802	$917	52,266
McNairy County, TN	$369	$429	$581	$724	$782	26,075
Macon County, TN HUD Metro FMR Area Metro	$421	$429	$581	$724	$776	22,248
Marshall County, TN	$449	$489	$661	$842	$894	30,617
Maury County, TN	$561	$565	$750	$1,007	$1,151	80,956
Meigs County, TN	$395	$444	$581	$856	$859	11,753
Monroe County, TN	$401	$448	$590	$790	$834	44,519
Clarksville, TN-KY HUD Metro FMR Area Metro	$525	$599	$781	$1,035	$1,122	172,331
Moore County, TN	$395	$444	$581	$779	$821	6,362
Morgan County, TN	$395	$458	$581	$724	$891	21,987
Obion County, TN	$379	$429	$581	$725	$776	31,807
Overton County, TN	$411	$449	$604	$890	$1,070	22,083
Perry County, TN	$395	$490	$581	$724	$821	7,915
Pickett County, TN	$395	$444	$581	$724	$821	5,077
Putnam County, TN	$404	$456	$595	$851	$934	72,321
Rhea County, TN	$469	$474	$581	$777	$800	31,809
Roane County, TN	$426	$463	$627	$855	$859	54,181
Scott County, TN	$411	$490	$581	$817	$1,029	22,228
Sevier County, TN	$470	$517	$691	$861	$1,109	89,889
Smith County, TN HUD Metro FMR Area Metro	$412	$432	$581	$788	$810	19,166
Stewart County, TN HUD Metro FMR Area Metro	$391	$447	$581	$798	$835	13,324
Van Buren County, TN	$395	$444	$581	$724	$821	5,548
Warren County, TN	$395	$429	$581	$838	$1,029	39,839
Wayne County, TN	$395	$429	$581	$847	$1,029	17,021
Weakley County, TN	$434	$459	$581	$811	$815	35,021
White County, TN	$406	$442	$598	$777	$799	25,841

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Tennessee Fair Market Rent for 2015 Accurate Rental Price Data