Giles County, TN

2024 Fair Market Rents

Tags: 2024 Tennessee

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 Giles County are Lawrenceburg, Pulaski, Mount Pleasant, and Summertown. 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 Giles County use?

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

Giles County ($900) has a 13.1% lower FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore has a lower gross rent.

Giles County is rank 53rd out of 95 counties. This means the FMRs, or in other words, the gross rent is lower than 52 other counties. Giles County is the 43rd cheapest county in terms of FMRs.

Rent Tables Giles County, TN

Fair Market Rent (40th Percentile)

$739
studio
$759
1-Bedroom
$900
2-Bedroom
$1,106
3-Bedroom
$1,480
4-Bedroom

Median Rent (50th Percentile)

$783
studio
$804
1-Bedroom
$954
2-Bedroom
$1,172
3-Bedroom
$1,569
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
38451 $830 $840 $1,100 $1,420 $1,470
38472 $1,010 $1,020 $1,340 $1,730 $1,790
38474 $750 $760 $1,000 $1,330 $1,400
38483 $750 $760 $1,000 $1,330 $1,400
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38451 $747 $756 $990 $1,278 $1,323
38472 $909 $918 $1,206 $1,557 $1,611
38474 $675 $684 $900 $1,197 $1,260
38483 $675 $684 $900 $1,197 $1,260
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
38451 $913 $924 $1,210 $1,562 $1,617
38472 $1,111 $1,122 $1,474 $1,903 $1,969
38474 $825 $836 $1,100 $1,463 $1,540
38483 $825 $836 $1,100 $1,463 $1,540

Fair Market Rents on this page apply to the following cities in Giles County, Tennessee: Lawrenceburg, Pulaski, Mount Pleasant, Summertown, Leoma, Culleoka, Ethridge, Ardmore, Lynnville, Prospect, Cornersville, Goodspring, Minor Hill, Dellrose, Elkton, and Frankewing.

These Fair Market Rents also apply to the following ZIP codes in Giles County, Tennessee: 38464, 38478, 38474, 38483, 38468, 38451, 38456, 38449, 38472, 38477, 37047, 38460, 38473, 38453, 38455, and 38459.

More on Giles 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.