2018 Fair Market Rent in Tennessee

Average Fair Market Rent Prices in Tennessee:

Studio / Efficiency	1-Bedroom	2-Bedroom	3-Bedroom	4-Bedroom
$476	$522	$657	$877	$1,002
0-BR	1-BR	2-BR	3-BR	4-BR

Tennessee (42) has the 87th highest rent in the country out of 112 states and territories. The Fair Market Rent in Tennessee ranges from $613 for a 2-bedroom apartment in Benton County, TN to $1,002 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2018, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $731 per month and $1,564 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 $657 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,717,460 people. So, there are around 407,619 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 HUD Metro FMR Area Metro	$549	$694	$846	$1,097	$1,417	75,129
Bedford County, TN	$519	$601	$709	$971	$1,202	45,058
Benton County, TN	$449	$510	$613	$878	$881	16,489
Bledsoe County, TN	$449	$528	$613	$769	$903	12,876
Cleveland, TN MSA Metro	$485	$571	$760	$965	$1,213	98,963
Campbell County, TN HUD Metro FMR Area Metro	$403	$461	$613	$777	$1,080	40,716
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro	$731	$816	$1,002	$1,327	$1,564	13,801
Carroll County, TN	$449	$461	$613	$769	$903	28,522
Johnson City, TN MSA Metro	$491	$530	$669	$843	$976	57,424
Jackson, TN HUD Metro FMR Area Metro	$530	$603	$734	$1,019	$1,167	17,131
Claiborne County, TN	$449	$489	$613	$769	$1,049	32,213
Clay County, TN	$449	$476	$613	$850	$903	7,861
Cocke County, TN	$449	$461	$613	$892	$903	35,662
Coffee County, TN	$434	$512	$681	$910	$935	52,796
Crockett County, TN HUD Metro FMR Area Metro	$482	$504	$658	$840	$1,149	14,586
Cumberland County, TN	$491	$494	$657	$846	$895	56,053
Decatur County, TN	$452	$534	$613	$804	$903	11,757
DeKalb County, TN	$449	$461	$613	$892	$903	18,723
Dyer County, TN	$472	$485	$645	$933	$936	38,335
Memphis, TN-MS-AR HUD Metro FMR Area Metro	$628	$705	$833	$1,136	$1,316	38,413
Fentress County, TN	$449	$483	$613	$779	$1,032	17,959
Franklin County, TN	$449	$461	$613	$892	$1,070	41,052
Gibson County, TN	$452	$534	$613	$816	$970	49,683
Giles County, TN	$459	$546	$627	$856	$973	29,485
Grainger County, TN HUD Metro FMR Area Metro	$403	$503	$613	$832	$835	22,657
Greene County, TN	$458	$461	$613	$784	$928	68,831
Grundy County, TN	$449	$506	$613	$874	$903	13,703
Morristown, TN MSA Metro	$489	$511	$677	$932	$935	62,544
Chattanooga, TN-GA MSA Metro	$542	$656	$806	$1,053	$1,302	336,463
Hancock County, TN	$449	$504	$613	$884	$1,080	6,819
Hardeman County, TN	$449	$461	$613	$825	$913	27,253
Hardin County, TN	$499	$512	$681	$854	$1,003	26,026
Kingsport-Bristol-Bristol, TN-VA MSA Metro	$505	$514	$684	$903	$982	56,833
Haywood County, TN	$494	$507	$674	$906	$1,059	18,787
Henderson County, TN	$493	$506	$673	$844	$917	27,769
Henry County, TN	$449	$461	$613	$830	$957	32,330
Hickman County, TN HUD Metro FMR Area Metro	$533	$603	$739	$927	$1,087	24,690
Houston County, TN	$449	$534	$613	$769	$859	8,426
Humphreys County, TN	$484	$524	$661	$847	$914	18,538
Jackson County, TN	$449	$461	$613	$866	$903	11,638
Johnson County, TN	$449	$534	$613	$769	$903	18,244
Lake County, TN	$449	$534	$613	$832	$835	7,832
Lauderdale County, TN	$449	$519	$613	$827	$965	27,815
Lawrence County, TN	$449	$512	$613	$785	$883	41,869
Lewis County, TN	$449	$534	$613	$892	$1,080	12,161
Lincoln County, TN	$460	$490	$628	$852	$855	33,361
McMinn County, TN	$458	$544	$625	$814	$870	52,266
McNairy County, TN	$449	$461	$613	$806	$1,080	26,075
Macon County, TN HUD Metro FMR Area Metro	$445	$480	$617	$812	$960	22,248
Marshall County, TN	$543	$547	$727	$911	$990	30,617
Maury County, TN HUD Metro FMR Area Metro	$576	$649	$766	$1,114	$1,208	80,956
Meigs County, TN	$455	$541	$621	$903	$915	11,753
Monroe County, TN	$451	$494	$635	$924	$1,017	44,519
Clarksville, TN-KY MSA Metro	$544	$660	$838	$1,169	$1,314	172,331
Moore County, TN	$449	$476	$613	$892	$903	6,362
Morgan County, TN HUD Metro FMR Area Metro	$431	$493	$656	$860	$1,078	21,987
Obion County, TN	$425	$482	$613	$834	$1,080	31,807
Overton County, TN	$455	$467	$621	$779	$846	22,083
Perry County, TN	$447	$466	$613	$769	$903	7,915
Pickett County, TN	$449	$476	$613	$769	$903	5,077
Putnam County, TN	$536	$539	$659	$948	$971	72,321
Rhea County, TN	$548	$563	$647	$839	$953	31,809
Roane County, TN HUD Metro FMR Area Metro	$495	$566	$753	$944	$1,143	54,181
Scott County, TN	$449	$461	$613	$858	$1,023	22,228
Sevier County, TN	$623	$628	$736	$1,061	$1,089	89,889
Smith County, TN HUD Metro FMR Area Metro	$471	$492	$654	$820	$1,074	19,166
Stewart County, TN	$449	$520	$613	$821	$903	13,324
Van Buren County, TN	$449	$461	$613	$769	$835	5,548
Warren County, TN	$454	$466	$620	$808	$1,089	39,839
Wayne County, TN	$449	$467	$613	$769	$845	17,021
Weakley County, TN	$391	$475	$613	$801	$984	35,021
White County, TN	$449	$476	$613	$832	$835	25,841

What's Next?

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

All Articles

RentData.org

Tennessee Fair Market Rent for 2018 Accurate Rental Price Data