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Rent by ZIP · Obion County

Rent in Obion, TN 38240

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,170 (+4.5% vs FY2026). Renters in this ZIP code pay a median $968 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$890$870+2.3%$801–979–
1 bedroom$890$880+1.1%$801–979–
2 bedrooms$1,170$1,120+4.5%$1,053–1,287$726 ±$119
3 bedrooms$1,480$1,440+2.8%$1,332–1,628$1,072 ±$80
4 bedrooms$1,540$1,480+4.1%$1,386–1,694–

Small Area FMRs for the Obion County, TN. This ZIP code is in more than one HUD area; figures are for the main one. 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 Obion County, TN, 2 bedrooms: $995.

What renters pay in 38240

Median gross rent$968±$216 · all sizes
Renter households23731% of occupied homes
No cash rent77households

How rents are spread

Under $1,00054%
$1,000–1,49933%
$1,500–1,99914%
$2,000–2,4990%
$2,500–2,9990%
$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
38241Palmersville$1,000$540
38242Paris$1,030$809
38237Martin$1,050$903
38236Mansfield$1,010–
38235Mc Lemoresville$1,150–
38233Kenton$1,000$689

Fair Market Rents across Obion 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.