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Rent by ZIP · Shelby County

Rent in Millington, TN 38054

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (-0.8% vs FY2026).

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–
2 bedrooms$1,250$1,260-0.8%$1,125–1,375–
3 bedrooms$1,650$1,660-0.6%$1,485–1,815–
4 bedrooms$1,900$1,940-2.1%$1,710–2,090–

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.

The Census doesn't publish reliable rent figures for this ZIP code, usually because few homes here are rented.

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38053Millington$1,250$1,040
38052Middleton$1,000$721
38057Moscow$1,000$806
38050Maury City$1,040–
38058Munford$1,220$834
38049Mason$1,140$784

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.