Lake County, TN

2024 Fair Market Rents

Tags: 2024 40th percentile Tennessee

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The top two largest cities in Lake County are Tiptonville and Wynnburg. 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 Lake County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Lake County uses 40th percentile Fair Market Rents.

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 Lake County compare?

Lake County ($861) has a 16.9% lower FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore has a lower gross rent.

Lake County is rank 81st out of 95 counties. This means the FMRs, or in other words, the gross rent is lower than 80 other counties. Lake County is the 15th cheapest county in terms of FMRs.

Rent Tables Lake County, TN

Fair Market Rent (40th Percentile)

$690
studio
$694
1-Bedroom
$861
2-Bedroom
$1,118
3-Bedroom
$1,209
4-Bedroom

Median Rent (50th Percentile)

$690
studio
$694
1-Bedroom
$861
2-Bedroom
$1,118
3-Bedroom
$1,209
4-Bedroom

Fair Market Rents on this page apply to the following cities in Lake County, Tennessee: Tiptonville and Wynnburg.

These Fair Market Rents also apply to the following ZIP codes in Lake County, Tennessee: 38079 and 38077.

More on Lake County, TN

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Data Source

HUD Seal

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