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Rent by ZIP · Shelby County

Rent in Millington, TN 38053

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (-0.8% vs FY2026). Renters in this ZIP code pay a median $1,161 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,050$1,0500%$945–1,155–
1 bedroom$1,140$1,1400%$1,026–1,254$855 ±$340
2 bedrooms$1,250$1,260-0.8%$1,125–1,375$1,040 ±$129
3 bedrooms$1,650$1,660-0.6%$1,485–1,815$1,332 ±$81
4 bedrooms$1,900$1,940-2.1%$1,710–2,090$1,578 ±$326

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 38053

Median gross rent$1,161±$93 · all sizes
Renter households3,31633% of occupied homes
No cash rent158households

How rents are spread

Under $1,00038%
$1,000–1,49943%
$1,500–1,99911%
$2,000–2,4996%
$2,500–2,9991%
$3,000–3,4990%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38052Middleton$1,000$721
38050Maury City$1,040–
38049Mason$1,140$784
38057Moscow$1,000$806
38058Munford$1,220$834
38047Lenox$1,000–

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.