Chester County, TN

2024 Fair Market Rents

Tags: 2024 Jackson, TN HUD Metro FMR Area

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 Chester County are Henderson, Bethel Springs, Beech Bluff, and Pinson. 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 Chester County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Chester 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 Chester County compare?

Chester County ($1,138) has a 9.8% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore a higher gross rent.

Chester County is rank 24th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 71 other counties. Chester County is the 24th most expensive county in terms of FMRs.

Rent Tables Chester County, TN

Fair Market Rent (40th Percentile)

$771
studio
$866
1-Bedroom
$1,138
2-Bedroom
$1,558
3-Bedroom
$1,563
4-Bedroom

Median Rent (50th Percentile)

$834
studio
$937
1-Bedroom
$1,231
2-Bedroom
$1,685
3-Bedroom
$1,691
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
38044 $590 $660 $870 $1,190 $1,200
38313 $730 $820 $1,070 $1,470 $1,480
38315 $580 $660 $860 $1,180 $1,180
38332 $580 $660 $860 $1,180 $1,180
38334 $600 $680 $890 $1,220 $1,220
38340 $640 $720 $940 $1,290 $1,290
38345 $590 $660 $870 $1,190 $1,200
38347 $600 $680 $900 $1,220 $1,220
38352 $590 $660 $870 $1,190 $1,200
38356 $580 $660 $860 $1,180 $1,180
38359 $590 $660 $870 $1,190 $1,200
38366 $700 $780 $1,030 $1,410 $1,410
38368 $620 $690 $910 $1,250 $1,250
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38044 $531 $594 $783 $1,071 $1,080
38313 $657 $738 $963 $1,323 $1,332
38315 $522 $594 $774 $1,062 $1,062
38332 $522 $594 $774 $1,062 $1,062
38334 $540 $612 $801 $1,098 $1,098
38340 $576 $648 $846 $1,161 $1,161
38345 $531 $594 $783 $1,071 $1,080
38347 $540 $612 $810 $1,098 $1,098
38352 $531 $594 $783 $1,071 $1,080
38356 $522 $594 $774 $1,062 $1,062
38359 $531 $594 $783 $1,071 $1,080
38366 $630 $702 $927 $1,269 $1,269
38368 $558 $621 $819 $1,125 $1,125
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38044 $649 $726 $957 $1,309 $1,320
38313 $803 $902 $1,177 $1,617 $1,628
38315 $638 $726 $946 $1,298 $1,298
38332 $638 $726 $946 $1,298 $1,298
38334 $660 $748 $979 $1,342 $1,342
38340 $704 $792 $1,034 $1,419 $1,419
38345 $649 $726 $957 $1,309 $1,320
38347 $660 $748 $990 $1,342 $1,342
38352 $649 $726 $957 $1,309 $1,320
38356 $638 $726 $946 $1,298 $1,298
38359 $649 $726 $957 $1,309 $1,320
38366 $770 $858 $1,133 $1,551 $1,551
38368 $682 $759 $1,001 $1,375 $1,375

Fair Market Rents on this page apply to the following cities in Chester County, Tennessee: Henderson, Bethel Springs, Beech Bluff, Pinson, Medon, Huron, Reagan, Finger, Enville, Hornsby, Luray, Jacks Creek, and Milledgeville.

These Fair Market Rents also apply to the following ZIP codes in Chester County, Tennessee: 38340, 38315, 38313, 38366, 38356, 38345, 38368, 38334, 38332, 38044, 38352, 38347, and 38359.

Chester County, TN is considered part of the following metro FMR area: JACKSON, TN HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Madison County, TN.

More on Chester County, TN

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Data Source

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