Montgomery County, TN

2024 Fair Market Rents

Tags: 2024 Clarksville, TN-KY 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 Montgomery County are Clarksville, Fort Campbell, Adams, and Woodlawn. 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 Montgomery County use?

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

Montgomery County ($1,246) has a 20.3% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore a higher gross rent.

Montgomery County is rank 15th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 80 other counties. Montgomery County is the 15th most expensive county in terms of FMRs.

Rent Tables Montgomery County, TN

Fair Market Rent (40th Percentile)

$887
studio
$970
1-Bedroom
$1,246
2-Bedroom
$1,750
3-Bedroom
$2,114
4-Bedroom

Median Rent (50th Percentile)

$944
studio
$1,032
1-Bedroom
$1,326
2-Bedroom
$1,862
3-Bedroom
$2,250
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
37010 $1,270 $1,350 $1,670 $2,270 $2,750
37040 $880 $970 $1,240 $1,740 $2,100
37041 $930 $1,010 $1,300 $1,830 $2,210
37042 $910 $1,000 $1,280 $1,800 $2,170
37079 $750 $900 $1,060 $1,480 $1,800
37142 $730 $830 $1,020 $1,410 $1,710
37191 $690 $760 $970 $1,360 $1,650
42223 $1,080 $1,180 $1,510 $2,120 $2,560
37079 $750 $900 $1,060 $1,480 $1,800
37010 $1,270 $1,350 $1,670 $2,270 $2,750
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37010 $1,143 $1,215 $1,503 $2,043 $2,475
37040 $792 $873 $1,116 $1,566 $1,890
37041 $837 $909 $1,170 $1,647 $1,989
37042 $819 $900 $1,152 $1,620 $1,953
37079 $675 $810 $954 $1,332 $1,620
37142 $657 $747 $918 $1,269 $1,539
37191 $621 $684 $873 $1,224 $1,485
42223 $972 $1,062 $1,359 $1,908 $2,304
37079 $675 $810 $954 $1,332 $1,620
37010 $1,143 $1,215 $1,503 $2,043 $2,475
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37010 $1,397 $1,485 $1,837 $2,497 $3,025
37040 $968 $1,067 $1,364 $1,914 $2,310
37041 $1,023 $1,111 $1,430 $2,013 $2,431
37042 $1,001 $1,100 $1,408 $1,980 $2,387
37079 $825 $990 $1,166 $1,628 $1,980
37142 $803 $913 $1,122 $1,551 $1,881
37191 $759 $836 $1,067 $1,496 $1,815
42223 $1,188 $1,298 $1,661 $2,332 $2,816
37079 $825 $990 $1,166 $1,628 $1,980
37010 $1,397 $1,485 $1,837 $2,497 $3,025

Fair Market Rents on this page apply to the following cities in Montgomery County, Tennessee: Clarksville, Fort Campbell, Adams, Woodlawn, Indian Mound, and Palmyra.

These Fair Market Rents also apply to the following ZIP codes in Montgomery County, Tennessee: 37042, 37040, 42223, 37010, 37191, 37079, 37142, 37041, and 37044.

Montgomery County, TN is considered part of the following metro FMR area: CLARKSVILLE, TN-KY HUD METRO FMR AREA.

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Data Source

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