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RentData.org Logo Tyler Fair Market Rent FY 2022 Tyler, TX MSA Rental Data

Fair Market Rent Prices in Tyler, TX :
$852 $857 $1,037 $1,308 $1,669
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Tyler are high compared to the national average. This FMR area is more expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Tyler is $1,037 per month.

The previous year, rent for a two-bedroom home was $1,085 per month. This is a 4.42% decrease year-over-year.

This FMR rate applies to Winona, TX, Arp, TX, Van, TX, Grand Saline, TX, Mineola, TX, Flint, TX, Whitehouse, TX, Lindale, TX, Tyler, TX and other cities within the region. The Metro Code or CBSA code for this region is METRO46340M46340.

Additionally, This Fair Market Rent (FMR) area Tyler, TX MSA spans one county or city in Texas which is listed in the table below. Estimated population of Tyler, TX MSA FMR area is 222,275 people based on latest Census data.

Compared to the rest of Texas, the Tyler FMR area is more expensive than 94% of the state.

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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 Tyler. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Tyler

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 909
1-BR 1-Bedroom $ 914
2-BR 2-Bedroom $ 1106
3-BR 3-Bedroom $ 1395
4-BR 4-Bedroom $ 1780
Change Year:

There is just one county (listed below) within the Tyler, TX MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Dallas - Ft. Worth and Tyler - Longview (Lfkn & Ncgd).

County / Region Est. Population
Tyler, TX Metro 222,275
Zip Codes in Tyler, TX MSA

There are 23 unique zip codes in this Fair Market Rent (FMR) area:

75140, 75701, 75702, 75703, 75704, 75705, 75706, 75707, 75708, 75709, 75710, 75711, 75712, 75713, 75750, 75762, 75771, 75773, 75790, 75791, 75792, 75798 and 75799

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