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Rent by ZIP · Wayne County

Rent in Iron City, TN 38463

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,070 (+8.1% vs FY2026). Renters in this ZIP code pay a median $672 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$790$720+9.7%$711–869–
1 bedroom$820$750+9.3%$738–902–
2 bedrooms$1,070$990+8.1%$963–1,177–
3 bedrooms$1,310$1,200+9.2%$1,179–1,441$672 ±$100
4 bedrooms$1,430$1,360+5.1%$1,287–1,573–

Small Area FMRs for the Wayne 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 Wayne County, TN, 2 bedrooms: $995.

What renters pay in 38463

Median gross rent$672±$100 · all sizes
Renter households455% of occupied homes
No cash rent21households

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38462Hohenwald$1,080$668
38464Lawrenceburg$1,010$814
38461Hampshire$1,220–
38460Goodspring$1,000–
38459Frankewing$1,120–
38468Leoma$1,370$1,055

Fair Market Rents across Wayne 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.