Marion County, TN

2024 Fair Market Rents

Tags: 2024 Chattanooga, TN-GA MSA

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 Marion County are Whitwell, Jasper, Guild, and Whiteside. 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 Marion County use?

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

Marion County ($1,232) has a 18.9% higher FMR for 2-Bedroom housing than the average of Tennessee ($1,036) and therefore a higher gross rent.

Marion County is rank 16th out of 95 counties. This means the FMRs, or in other words, the gross rent is higher than 79 other counties. Marion County is the 16th most expensive county in terms of FMRs.

Rent Tables Marion County, TN

Fair Market Rent (40th Percentile)

$1,068
studio
$1,085
1-Bedroom
$1,232
2-Bedroom
$1,569
3-Bedroom
$1,784
4-Bedroom

Median Rent (50th Percentile)

$1,159
studio
$1,178
1-Bedroom
$1,337
2-Bedroom
$1,703
3-Bedroom
$1,936
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
37340 $1,020 $1,040 $1,180 $1,500 $1,710
37347 $820 $840 $950 $1,210 $1,380
37396 $960 $980 $1,110 $1,420 $1,610
37397 $880 $900 $1,020 $1,300 $1,480
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37340 $918 $936 $1,062 $1,350 $1,539
37347 $738 $756 $855 $1,089 $1,242
37396 $864 $882 $999 $1,278 $1,449
37397 $792 $810 $918 $1,170 $1,332
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
37340 $1,122 $1,144 $1,298 $1,650 $1,881
37347 $902 $924 $1,045 $1,331 $1,518
37396 $1,056 $1,078 $1,221 $1,562 $1,771
37397 $968 $990 $1,122 $1,430 $1,628

Fair Market Rents on this page apply to the following cities in Marion County, Tennessee: Whitwell, Jasper, Guild, and Whiteside.

These Fair Market Rents also apply to the following ZIP codes in Marion County, Tennessee: 37397, 37347, 37340, and 37396.

Marion County, TN is considered part of the following metro FMR area: CHATTANOOGA, TN-GA MSA.

Other counties in the same metro FMR area are: Hamilton County, TN, and Sequatchie County, TN.

More on Marion County, TN

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Data Source

HUD Seal

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