Fayette County, TN

2025 Fair Market Rents

Tags: 2025 Memphis, TN-MS-AR HUD Metro FMR Area

On this Page:

Return to the state page to see where Tennessee ranks nationally and to view information on other counties. Click on the map to view a different county.

The top four largest cities in Fayette County are Collierville, Arlington, Somerville, and Oakland. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Fayette County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Fayette County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Fayette County compare?

Fayette County ($1,355) has a 21% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,120) and therefore a higher gross rent.

Fayette County is rank 20th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 75 other counties. Fayette County is the 20th most expensive county in terms of FMRs.

Rent Tables Fayette County, TN

Fair Market Rent (40th Percentile)

$1,105
studio
$1,207
1-Bedroom
$1,355
2-Bedroom
$1,781
3-Bedroom
$2,086
4-Bedroom

Median Rent (50th Percentile)

$1,192
studio
$1,303
1-Bedroom
$1,462
2-Bedroom
$1,922
3-Bedroom
$2,251
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38002 $1,550 $1,690 $1,900 $2,500 $2,930
38017 $1,470 $1,600 $1,800 $2,370 $2,770
38028 $1,290 $1,410 $1,580 $2,080 $2,430
38036 $1,480 $1,610 $1,810 $2,390 $2,800
38039 $930 $1,040 $1,170 $1,540 $1,800
38042 $930 $1,040 $1,170 $1,540 $1,800
38046 $930 $1,040 $1,170 $1,540 $1,800
38048 $930 $1,040 $1,170 $1,540 $1,800
38049 $930 $1,040 $1,170 $1,540 $1,800
38057 $930 $1,040 $1,170 $1,540 $1,800
38060 $1,330 $1,470 $1,670 $2,200 $2,560
38066 $930 $1,040 $1,170 $1,540 $1,800
38068 $930 $1,040 $1,170 $1,540 $1,800
38069 $930 $1,040 $1,170 $1,540 $1,800
38075 $930 $1,040 $1,170 $1,540 $1,800
38076 $950 $1,040 $1,170 $1,540 $1,800
38039 $930 $1,040 $1,170 $1,540 $1,800
38042 $930 $1,040 $1,170 $1,540 $1,800
38075 $930 $1,040 $1,170 $1,540 $1,800
38049 $930 $1,040 $1,170 $1,540 $1,800
38068 $930 $1,040 $1,170 $1,540 $1,800
38069 $930 $1,040 $1,170 $1,540 $1,800
38075 $930 $1,040 $1,170 $1,540 $1,800
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38002 $1,395 $1,521 $1,710 $2,250 $2,637
38017 $1,323 $1,440 $1,620 $2,133 $2,493
38028 $1,161 $1,269 $1,422 $1,872 $2,187
38036 $1,332 $1,449 $1,629 $2,151 $2,520
38039 $837 $936 $1,053 $1,386 $1,620
38042 $837 $936 $1,053 $1,386 $1,620
38046 $837 $936 $1,053 $1,386 $1,620
38048 $837 $936 $1,053 $1,386 $1,620
38049 $837 $936 $1,053 $1,386 $1,620
38057 $837 $936 $1,053 $1,386 $1,620
38060 $1,197 $1,323 $1,503 $1,980 $2,304
38066 $837 $936 $1,053 $1,386 $1,620
38068 $837 $936 $1,053 $1,386 $1,620
38069 $837 $936 $1,053 $1,386 $1,620
38075 $837 $936 $1,053 $1,386 $1,620
38076 $855 $936 $1,053 $1,386 $1,620
38039 $837 $936 $1,053 $1,386 $1,620
38042 $837 $936 $1,053 $1,386 $1,620
38075 $837 $936 $1,053 $1,386 $1,620
38049 $837 $936 $1,053 $1,386 $1,620
38068 $837 $936 $1,053 $1,386 $1,620
38069 $837 $936 $1,053 $1,386 $1,620
38075 $837 $936 $1,053 $1,386 $1,620
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38002 $1,705 $1,859 $2,090 $2,750 $3,223
38017 $1,617 $1,760 $1,980 $2,607 $3,047
38028 $1,419 $1,551 $1,738 $2,288 $2,673
38036 $1,628 $1,771 $1,991 $2,629 $3,080
38039 $1,023 $1,144 $1,287 $1,694 $1,980
38042 $1,023 $1,144 $1,287 $1,694 $1,980
38046 $1,023 $1,144 $1,287 $1,694 $1,980
38048 $1,023 $1,144 $1,287 $1,694 $1,980
38049 $1,023 $1,144 $1,287 $1,694 $1,980
38057 $1,023 $1,144 $1,287 $1,694 $1,980
38060 $1,463 $1,617 $1,837 $2,420 $2,816
38066 $1,023 $1,144 $1,287 $1,694 $1,980
38068 $1,023 $1,144 $1,287 $1,694 $1,980
38069 $1,023 $1,144 $1,287 $1,694 $1,980
38075 $1,023 $1,144 $1,287 $1,694 $1,980
38076 $1,045 $1,144 $1,287 $1,694 $1,980
38039 $1,023 $1,144 $1,287 $1,694 $1,980
38042 $1,023 $1,144 $1,287 $1,694 $1,980
38075 $1,023 $1,144 $1,287 $1,694 $1,980
38049 $1,023 $1,144 $1,287 $1,694 $1,980
38068 $1,023 $1,144 $1,287 $1,694 $1,980
38069 $1,023 $1,144 $1,287 $1,694 $1,980
38075 $1,023 $1,144 $1,287 $1,694 $1,980

Fair Market Rents on this page apply to the following cities in Fayette County, Tennessee: Collierville, Arlington, Somerville, Oakland, Eads, Mason, Moscow, Whiteville, Rossville, Stanton, Grand Junction, Hickory Valley, Williston, Macon, La Grange, Laconia, and Gallaway.

These Fair Market Rents also apply to the following ZIP codes in Fayette County, Tennessee: 38017, 38002, 38068, 38060, 38028, 38049, 38057, 38075, 38066, 38069, 38039, 38042, 38076, 38048, 38046, 38045, and 38036.

Fayette County, TN is considered part of the following metro FMR area: MEMPHIS, TN-MS-AR HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Shelby County, TN, and Tipton County, TN.

More on Fayette County, TN

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

Fair Market Rents are published by the Department of Housing And Urban Development.