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Rent by ZIP · Putnam County

Rent in Cookeville, TN 38506

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,250 (+8.7% vs FY2026). Renters in this ZIP code pay a median $1,007 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$910$860+5.8%$819–1,001–
1 bedroom$1,000$920+8.7%$900–1,100$652 ±$289
2 bedrooms$1,250$1,150+8.7%$1,125–1,375$986 ±$97
3 bedrooms$1,680$1,570+7%$1,512–1,848$1,120 ±$170
4 bedrooms$1,780$1,730+2.9%$1,602–1,958$1,871 ±$420

Small Area FMRs for the Putnam 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 Putnam County, TN, 2 bedrooms: $1,102.

What renters pay in 38506

Median gross rent$1,007±$95 · all sizes
Renter households3,15425% of occupied homes
No cash rent320households

How rents are spread

Under $1,00049%
$1,000–1,49931%
$1,500–1,99912%
$2,000–2,4996%
$2,500–2,9990%
$3,000–3,4990%
$3,500+1%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
38501Cookeville$1,120$919
38541Allons$1,260$765
38543Alpine$1,000–
38544Baxter$1,100$870
38545Bloomington Springs$1,030–
38547Brush Creek$1,060–

Fair Market Rents across Putnam 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.