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RentData.org Logo Tennessee Fair Market Rent for 2022 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$555 $582 $727 $961 $1,094
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (42) has the 85th highest rent in the country out of 112 states and territories. The Fair Market Rent in Tennessee ranges from $676 for a 2-bedroom apartment in Benton County, TN to $1,253 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2022, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $1,079 per month and $1,975 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 $727 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 $717 $800 $980 $1,287 $1,512 75,540
Bedford County, TN $630 $635 $835 $1,032 $1,181 46,855
Benton County, TN $547 $579 $676 $836 $999 16,155
Bledsoe County, TN $510 $514 $676 $960 $1,157 14,415
Cleveland, TN MSA Metro $570 $631 $830 $1,079 $1,224 103,665
Campbell County, TN HUD Metro FMR Area Metro $473 $541 $712 $964 $1,034 39,825
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $1,079 $1,100 $1,253 $1,587 $1,975 13,840
Carroll County, TN $547 $593 $676 $869 $917 28,135
Johnson City, TN MSA Metro $609 $648 $781 $997 $1,182 56,500
Jackson, TN HUD Metro FMR Area Metro $561 $651 $845 $1,160 $1,165 17,095
Claiborne County, TN $547 $569 $676 $850 $917 31,565
Clay County, TN $528 $532 $676 $960 $1,080 7,685
Cocke County, TN $510 $514 $676 $960 $1,154 35,260
Coffee County, TN $561 $564 $739 $996 $1,265 54,075
Crockett County, TN HUD Metro FMR Area Metro $462 $529 $696 $919 $1,191 14,555
Cumberland County, TN $541 $545 $695 $987 $1,093 58,180
Decatur County, TN $547 $593 $676 $836 $979 11,680
DeKalb County, TN $510 $514 $676 $907 $979 19,380
Dyer County, TN $457 $523 $688 $977 $1,060 37,750
Memphis, TN-MS-AR HUD Metro FMR Area Metro $694 $792 $912 $1,219 $1,404 39,335
Fentress County, TN $510 $514 $676 $836 $1,013 17,940
Franklin County, TN $539 $542 $677 $941 $1,052 41,395
Gibson County, TN HUD Metro FMR Area Metro $470 $569 $708 $962 $1,212 49,220
Giles County, TN $568 $616 $702 $889 $1,121 29,025
Grainger County, TN HUD Metro FMR Area Metro $549 $553 $699 $944 $948 22,940
Greene County, TN $583 $593 $676 $960 $1,134 68,520
Grundy County, TN $527 $531 $676 $883 $979 13,360
Morristown, TN HUD Metro FMR Area Metro $577 $581 $763 $1,054 $1,128 63,465
Chattanooga, TN-GA MSA Metro $721 $742 $883 $1,148 $1,380 354,590
Hancock County, TN $523 $526 $676 $904 $1,157 6,605
Hardeman County, TN $510 $514 $676 $881 $922 25,785
Hardin County, TN $510 $514 $676 $848 $990 25,815
Kingsport-Bristol-Bristol, TN-VA MSA Metro $524 $546 $702 $920 $1,012 56,400
Haywood County, TN $508 $514 $676 $897 $966 17,945
Henderson County, TN $547 $593 $676 $913 $917 27,890
Henry County, TN $510 $514 $676 $852 $917 32,265
Hickman County, TN $583 $617 $703 $960 $1,217 24,500
Houston County, TN $561 $565 $743 $918 $1,008 8,190
Humphreys County, TN $547 $593 $676 $953 $1,157 18,280
Jackson County, TN $510 $514 $676 $836 $917 11,575
Johnson County, TN $547 $557 $676 $836 $979 17,845
Lake County, TN $510 $514 $676 $836 $998 7,590
Lauderdale County, TN $510 $514 $676 $892 $1,083 26,495
Lawrence County, TN $543 $547 $703 $907 $1,061 42,590
Lewis County, TN $510 $514 $676 $865 $1,155 11,945
Lincoln County, TN $547 $585 $676 $960 $1,102 33,545
McMinn County, TN $584 $610 $699 $944 $948 52,570
McNairy County, TN $547 $582 $676 $905 $1,070 25,945
Macon County, TN HUD Metro FMR Area Metro $556 $559 $736 $940 $1,153 23,240
Marshall County, TN $596 $600 $789 $1,005 $1,070 31,755
Maury County, TN HUD Metro FMR Area Metro $728 $733 $964 $1,329 $1,436 87,605
Meigs County, TN $547 $579 $676 $960 $979 11,830
Monroe County, TN $453 $556 $682 $907 $925 45,700
Clarksville, TN-KY HUD Metro FMR Area Metro $634 $707 $910 $1,293 $1,558 192,120
Moore County, TN $528 $532 $676 $958 $979 6,300
Morgan County, TN HUD Metro FMR Area Metro $521 $541 $712 $1,011 $1,126 21,640
Obion County, TN $480 $557 $676 $845 $917 30,660
Overton County, TN $540 $544 $676 $913 $917 21,995
Perry County, TN $518 $522 $676 $929 $979 7,880
Pickett County, TN $511 $532 $676 $836 $979 5,070
Putnam County, TN $572 $576 $758 $1,035 $1,185 75,565
Rhea County, TN $521 $524 $690 $935 $1,051 32,480
Roane County, TN HUD Metro FMR Area Metro $543 $666 $818 $1,066 $1,228 52,925
Scott County, TN $532 $535 $676 $913 $917 21,950
Sevier County, TN $674 $706 $840 $1,083 $1,163 95,525
Smith County, TN HUD Metro FMR Area Metro $486 $551 $725 $920 $1,043 19,280
Stewart County, TN HUD Metro FMR Area Metro $487 $531 $699 $872 $1,196 13,250
Van Buren County, TN $530 $533 $676 $885 $979 5,675
Warren County, TN $539 $543 $714 $895 $1,029 40,210
Wayne County, TN $547 $579 $676 $936 $979 16,715
Weakley County, TN $547 $561 $676 $836 $1,009 33,775
White County, TN $563 $566 $720 $890 $976 26,395

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