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Rent by ZIP · Madison County

Rent in Oakfield, TN 38362

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,450 (-5.2% vs FY2026). Renters in this ZIP code pay a median $1,029 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,010$1,050-3.8%$909–1,111–
1 bedroom$1,110$1,170-5.1%$999–1,221–
2 bedrooms$1,450$1,530-5.2%$1,305–1,595–
3 bedrooms$1,840$2,040-9.8%$1,656–2,024–
4 bedrooms$2,000$2,130-6.1%$1,800–2,200–

Small Area FMRs for the Jackson, TN 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 Jackson, TN HUD Metro FMR Area, 2 bedrooms: $1,375.

What renters pay in 38362

Median gross rent$1,029±$426 · all sizes
Renter households9827% of occupied homes
No cash rent0households

How rents are spread

Under $1,00046%
$1,000–1,49954%
$1,500–1,9990%
$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
38361Morris Chapel$1,030–
38363Parsons$1,010$747
38359Milledgeville$1,140–
38365Pickwick Dam$1,220–
38358Milan$1,000$818
38366Pinson$1,140$974

Fair Market Rents across Madison 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.