Rent by ZIP · Shelby County
Rent in Cordova, TN 38016
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,600 (+1.9% vs FY2026). Renters in this ZIP code pay a median $1,595 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,350 | $1,280 | +5.5% | $1,215–1,485 | $1,054 ±$569 |
| 1 bedroom | $1,460 | $1,400 | +4.3% | $1,314–1,606 | $1,268 ±$125 |
| 2 bedrooms | $1,600 | $1,570 | +1.9% | $1,440–1,760 | $1,593 ±$123 |
| 3 bedrooms | $2,110 | $2,070 | +1.9% | $1,899–2,321 | $1,838 ±$119 |
| 4 bedrooms | $2,440 | $2,420 | +0.8% | $2,196–2,684 | $2,238 ±$387 |
Small Area FMRs for the Memphis, TN-MS-AR HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Memphis, TN-MS-AR HUD Metro FMR Area, 2 bedrooms: $1,301.
What renters pay in 38016
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 38015 | Burlison | $1,000 | $880 |
| 38017 | Collierville | $1,660 | $1,694 |
| 38018 | Cordova | $1,780 | $1,574 |
| 38019 | Covington | $1,020 | $909 |
| 38012 | Brownsville | $1,010 | $716 |
| 38011 | Brighton | $1,110 | $862 |
Fair Market Rents across Shelby County, TN · All TN counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.