Lawrence County, TN

2024 Fair Market Rents

Tags: 2024 40th percentile 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 Lawrence County are Loretto, Iron City, Westpoint, and Saint Joseph. 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 Lawrence County use?

No Small Area Fair Market Rents were created by the HUD for this county/Metro FMR Area therefore Lawrence 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 Lawrence County compare?

Lawrence County ($898) has a 13.3% lower FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore has a lower gross rent.

Lawrence County is rank 54th out of 95 counties. This means the FMRs, or in other words, the gross rent is lower than 53 other counties. Lawrence County is the 42nd cheapest county in terms of FMRs.

Rent Tables Lawrence County, TN

Fair Market Rent (40th Percentile)

$679
studio
$683
1-Bedroom
$898
2-Bedroom
$1,102
3-Bedroom
$1,196
4-Bedroom

Median Rent (50th Percentile)

$717
studio
$721
1-Bedroom
$948
2-Bedroom
$1,164
3-Bedroom
$1,263
4-Bedroom

Fair Market Rents on this page apply to the following cities in Lawrence County, Tennessee: Loretto, Iron City, Westpoint, Saint Joseph, and Five Points.

These Fair Market Rents also apply to the following ZIP codes in Lawrence County, Tennessee: 38469, 38463, 38486, 38481, and 38457.

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Data Source

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