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RentData.org Logo Tennessee Fair Market Rent for 2020 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$518 $557 $696 $926 $1,068
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (42) has the 83rd highest rent in the country out of 112 states and territories. The Fair Market Rent in Tennessee ranges from $649 for a 2-bedroom apartment in Benton County, TN to $1,136 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2020, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $898 per month and $1,822 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 $696 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,775,260 people. So, there are around 416,289 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 HUD Metro FMR Area Metro $624 $742 $915 $1,198 $1,476 75,540
Bedford County, TN $590 $594 $768 $979 $1,173 46,855
Benton County, TN $492 $551 $649 $856 $979 16,155
Bledsoe County, TN $492 $554 $649 $915 $1,139 14,415
Cleveland, TN MSA Metro $526 $613 $807 $1,029 $1,214 103,665
Campbell County, TN HUD Metro FMR Area Metro $453 $514 $677 $909 $1,097 39,825
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $898 $957 $1,136 $1,484 $1,822 13,840
Carroll County, TN $492 $570 $649 $809 $879 28,135
Johnson City, TN MSA Metro $558 $564 $692 $874 $1,020 56,500
Jackson, TN HUD Metro FMR Area Metro $516 $648 $792 $1,129 $1,133 17,095
Claiborne County, TN $492 $521 $649 $809 $965 31,565
Clay County, TN $492 $509 $649 $906 $969 7,685
Cocke County, TN $492 $493 $649 $936 $1,139 35,260
Coffee County, TN $532 $532 $701 $962 $1,137 54,075
Crockett County, TN HUD Metro FMR Area Metro $432 $503 $663 $876 $1,164 14,555
Cumberland County, TN $511 $514 $677 $934 $1,014 58,180
Decatur County, TN $492 $570 $649 $809 $969 11,680
DeKalb County, TN $492 $493 $649 $919 $969 19,380
Dyer County, TN $436 $508 $669 $965 $985 37,750
Memphis, TN-MS-AR HUD Metro FMR Area Metro $665 $755 $884 $1,203 $1,374 39,335
Fentress County, TN $492 $532 $649 $853 $1,095 17,940
Franklin County, TN $492 $498 $649 $936 $1,081 41,395
Gibson County, TN $504 $583 $664 $916 $1,166 49,220
Giles County, TN $492 $570 $649 $868 $1,065 29,025
Grainger County, TN HUD Metro FMR Area Metro $487 $621 $707 $931 $958 22,940
Greene County, TN $510 $514 $649 $885 $1,080 68,520
Grundy County, TN $492 $518 $649 $894 $969 13,360
Morristown, TN MSA Metro $557 $560 $738 $996 $1,000 63,465
Chattanooga, TN-GA MSA Metro $599 $686 $832 $1,081 $1,305 354,590
Hancock County, TN $492 $497 $649 $936 $1,139 6,605
Hardeman County, TN $492 $493 $649 $880 $957 25,785
Hardin County, TN $516 $516 $680 $847 $1,034 25,815
Kingsport-Bristol-Bristol, TN-VA MSA Metro $533 $542 $714 $933 $1,029 56,400
Haywood County, TN $449 $497 $655 $900 $978 17,945
Henderson County, TN $501 $503 $660 $832 $894 27,890
Henry County, TN $492 $518 $649 $871 $900 32,265
Hickman County, TN HUD Metro FMR Area Metro $617 $691 $787 $981 $1,382 24,500
Houston County, TN $517 $557 $681 $849 $923 8,190
Humphreys County, TN $493 $571 $650 $874 $1,019 18,280
Jackson County, TN $492 $493 $649 $809 $879 11,575
Johnson County, TN $492 $527 $649 $809 $969 17,845
Lake County, TN $492 $497 $649 $823 $879 7,590
Lauderdale County, TN $492 $503 $649 $856 $1,013 26,495
Lawrence County, TN $499 $538 $658 $863 $985 42,590
Lewis County, TN $498 $515 $657 $865 $981 11,945
Lincoln County, TN $497 $516 $655 $900 $911 33,545
McMinn County, TN $492 $570 $649 $876 $879 52,570
McNairy County, TN $492 $513 $649 $856 $1,139 25,945
Macon County, TN HUD Metro FMR Area Metro $544 $560 $694 $886 $1,108 23,240
Marshall County, TN $563 $567 $747 $948 $1,012 31,755
Maury County, TN HUD Metro FMR Area Metro $706 $739 $900 $1,298 $1,390 87,605
Meigs County, TN $492 $570 $649 $936 $969 11,830
Monroe County, TN $423 $565 $649 $936 $977 45,700
Clarksville, TN-KY MSA Metro $578 $691 $869 $1,239 $1,477 192,120
Moore County, TN $492 $509 $649 $919 $969 6,300
Morgan County, TN HUD Metro FMR Area Metro $495 $545 $718 $966 $1,261 21,640
Obion County, TN $466 $534 $649 $858 $1,028 30,660
Overton County, TN $492 $493 $649 $849 $969 21,995
Perry County, TN $490 $493 $649 $890 $969 7,880
Pickett County, TN $492 $509 $649 $809 $969 5,070
Putnam County, TN $552 $556 $710 $985 $1,041 75,565
Rhea County, TN $510 $513 $676 $895 $1,108 32,480
Roane County, TN HUD Metro FMR Area Metro $535 $623 $821 $1,023 $1,255 52,925
Scott County, TN $492 $493 $649 $876 $879 21,950
Sevier County, TN $656 $663 $768 $1,050 $1,167 95,525
Smith County, TN HUD Metro FMR Area Metro $525 $528 $696 $867 $1,086 19,280
Stewart County, TN $509 $526 $671 $836 $1,178 13,250
Van Buren County, TN $492 $493 $649 $809 $969 5,675
Warren County, TN $514 $514 $677 $844 $1,068 40,210
Wayne County, TN $492 $515 $649 $829 $969 16,715
Weakley County, TN $457 $529 $649 $845 $982 33,775
White County, TN $492 $509 $649 $841 $879 26,395

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