Rent by ZIP · Shelby County
Rent in Cordova, TN 38018
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,780 (+2.9% vs FY2026). Renters in this ZIP code pay a median $1,716 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,500 | $1,440 | +4.2% | $1,350–1,650 | – |
| 1 bedroom | $1,630 | $1,570 | +3.8% | $1,467–1,793 | $1,442 ±$80 |
| 2 bedrooms | $1,780 | $1,730 | +2.9% | $1,602–1,958 | $1,574 ±$127 |
| 3 bedrooms | $2,350 | $2,280 | +3.1% | $2,115–2,585 | $1,870 ±$130 |
| 4 bedrooms | $2,710 | $2,660 | +1.9% | $2,439–2,981 | $2,083 ±$260 |
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 38018
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 |
|---|---|---|---|
| 38017 | Collierville | $1,660 | $1,694 |
| 38019 | Covington | $1,020 | $909 |
| 38016 | Cordova | $1,600 | $1,593 |
| 38015 | Burlison | $1,000 | $880 |
| 38023 | Drummonds | $1,250 | $1,027 |
| 38012 | Brownsville | $1,010 | $716 |
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.