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RentData.org Logo Tennessee Fair Market Rent for 2024 Accurate Rental Price Data

Average Fair Market Rent Prices in Tennessee:
$728 $757 $939 $1,225 $1,386
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Tennessee (42) has the 63rd highest rent in the country out of 112 states and territories. The Fair Market Rent in Tennessee ranges from $861 for a 2-bedroom apartment in Benton County, TN to $1,619 for a 2-bedroom unit in Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area.

For FY 2024, the Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area (Cannon County) rent for a studio or efficiency is $1,404 per month and $2,482 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 $939 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Tennessee is around 2,835,576 people. So, there are around 425,336 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 $985 $1,000 $1,221 $1,578 $1,833 76,513
Bedford County, TN $835 $906 $1,017 $1,261 $1,359 48,937
Benton County, TN $651 $655 $861 $1,062 $1,461 16,133
Bledsoe County, TN $651 $655 $861 $1,208 $1,461 14,961
Cleveland, TN MSA Metro $789 $848 $1,114 $1,462 $1,529 106,924
Campbell County, TN HUD Metro FMR Area Metro $618 $695 $912 $1,202 $1,215 39,818
Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area Metro $1,404 $1,442 $1,619 $2,035 $2,482 14,374
Carroll County, TN $707 $767 $861 $1,098 $1,219 27,841
Johnson City, TN MSA Metro $864 $870 $1,070 $1,343 $1,561 56,452
Jackson, TN HUD Metro FMR Area Metro $771 $866 $1,138 $1,558 $1,563 17,260
Claiborne County, TN $707 $767 $861 $1,127 $1,147 31,827
Clay County, TN $651 $655 $861 $1,213 $1,277 7,640
Cocke County, TN $651 $655 $861 $1,156 $1,160 35,797
Coffee County, TN $721 $726 $931 $1,283 $1,519 56,024
Crockett County, TN HUD Metro FMR Area Metro $755 $756 $993 $1,213 $1,563 14,310
Cumberland County, TN $719 $723 $881 $1,242 $1,400 60,016
Decatur County, TN $651 $655 $861 $1,154 $1,209 11,663
DeKalb County, TN $671 $676 $888 $1,074 $1,507 20,104
Dyer County, TN $681 $685 $861 $1,213 $1,315 37,201
Memphis, TN-MS-AR HUD Metro FMR Area Metro $1,031 $1,146 $1,298 $1,711 $1,995 40,612
Fentress County, TN $651 $655 $861 $1,093 $1,298 18,405
Franklin County, TN $731 $735 $909 $1,175 $1,384 41,999
Gibson County, TN HUD Metro FMR Area Metro $654 $722 $861 $1,213 $1,461 49,193
Giles County, TN $739 $759 $900 $1,106 $1,480 29,403
Grainger County, TN HUD Metro FMR Area Metro $683 $687 $903 $1,198 $1,203 23,268
Greene County, TN $584 $767 $861 $1,213 $1,371 69,077
Grundy County, TN $707 $742 $861 $1,069 $1,209 13,371
Morristown, TN HUD Metro FMR Area Metro $787 $792 $1,023 $1,375 $1,653 64,479
Chattanooga, TN-GA MSA Metro $1,068 $1,085 $1,232 $1,569 $1,784 364,718
Hancock County, TN $707 $767 $861 $1,041 $1,384 6,568
Hardeman County, TN $651 $655 $861 $1,213 $1,232 25,247
Hardin County, TN $651 $655 $861 $1,142 $1,147 25,665
Kingsport-Bristol-Bristol, TN-VA MSA Metro $677 $717 $905 $1,179 $1,335 56,735
Haywood County, TN $651 $655 $861 $1,144 $1,392 17,391
Henderson County, TN $717 $778 $873 $1,112 $1,163 27,956
Henry County, TN $682 $686 $902 $1,091 $1,201 32,251
Hickman County, TN $707 $767 $861 $1,213 $1,461 25,017
Houston County, TN $707 $718 $861 $1,067 $1,297 8,201
Humphreys County, TN $707 $767 $861 $1,183 $1,256 18,528
Jackson County, TN $651 $655 $861 $1,041 $1,209 11,767
Johnson County, TN $707 $761 $861 $1,063 $1,209 17,755
Lake County, TN $690 $694 $861 $1,118 $1,209 7,273
Lauderdale County, TN $651 $655 $861 $1,130 $1,376 25,689
Lawrence County, TN $679 $683 $898 $1,102 $1,196 43,780
Lewis County, TN $651 $655 $861 $1,091 $1,461 12,131
Lincoln County, TN $707 $767 $861 $1,213 $1,450 34,158
McMinn County, TN $719 $813 $950 $1,234 $1,265 53,392
McNairy County, TN $651 $655 $861 $1,189 $1,329 25,814
Macon County, TN HUD Metro FMR Area Metro $789 $794 $927 $1,185 $1,404 24,208
Marshall County, TN $764 $769 $1,010 $1,311 $1,345 33,708
Maury County, TN HUD Metro FMR Area Metro $1,011 $1,018 $1,337 $1,725 $1,784 94,615
Meigs County, TN $651 $655 $861 $1,204 $1,209 12,237
Monroe County, TN $584 $685 $861 $1,153 $1,176 46,413
Clarksville, TN-KY HUD Metro FMR Area Metro $887 $970 $1,246 $1,750 $2,114 204,992
Moore County, TN $704 $709 $887 $1,146 $1,245 6,396
Morgan County, TN HUD Metro FMR Area Metro $651 $655 $861 $1,142 $1,147 21,538
Obion County, TN $717 $721 $861 $1,098 $1,147 30,343
Overton County, TN $684 $688 $861 $1,096 $1,147 22,171
Perry County, TN $686 $690 $907 $1,097 $1,229 8,020
Pickett County, TN $725 $729 $913 $1,104 $1,282 5,068
Putnam County, TN $760 $764 $991 $1,368 $1,578 78,542
Rhea County, TN $651 $655 $861 $1,142 $1,147 32,964
Roane County, TN HUD Metro FMR Area Metro $793 $824 $980 $1,272 $1,663 53,331
Scott County, TN $707 $708 $861 $1,180 $1,364 22,020
Sevier County, TN $834 $896 $1,082 $1,403 $1,441 98,007
Smith County, TN HUD Metro FMR Area Metro $619 $691 $908 $1,209 $1,214 19,926
Stewart County, TN HUD Metro FMR Area Metro $677 $816 $960 $1,333 $1,629 13,553
Van Buren County, TN $680 $684 $861 $1,163 $1,209 5,813
Warren County, TN $679 $683 $898 $1,086 $1,207 40,971
Wayne County, TN $651 $655 $861 $1,043 $1,147 16,638
Weakley County, TN $707 $728 $861 $1,041 $1,461 33,377
White County, TN $730 $734 $965 $1,167 $1,285 27,087

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