Fair Market Rent · Tennessee
Fair Market Rent in Madison County, TN
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Madison County is $1,375 a month, +9.1% from FY2026. Madison County is part of the Jackson, TN HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $957 | $869 | +10.1% | $861–1,053 |
| 1 bedroom | $1,051 | $960 | +9.5% | $946–1,156 |
| 2 bedrooms | $1,375 | $1,260 | +9.1% | $1,238–1,513 |
| 3 bedrooms | $1,730 | $1,677 | +3.2% | $1,557–1,903 |
| 4 bedrooms | $1,898 | $1,758 | +8% | $1,708–2,088 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Madison County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 38301 | Jackson | $1,310 | $1,032 | $998 |
| 38305 | Jackson | $1,500 | $1,205 | $1,249 |
| 38313 | Beech Bluff | $1,200 | – | $863 |
| 38355 | Medina | $1,400 | – | $1,248 |
| 38356 | Medon | $1,170 | $673 | $684 |
| 38362 | Oakfield | $1,450 | – | $1,029 |
| 38366 | Pinson | $1,140 | $974 | $948 |
| 38391 | Denmark | $1,480 | – | $1,288 |
| 38392 | Mercer | $1,170 | – | – |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.