FMR History — Jackson County, TN

Historical Fair Market Rents from FY2017 to FY2026. Current FMR page →

The 2-bedroom FMR in Jackson County, TN has changed from $608 in FY2017 to $925 in FY2026 — a +52.1% change over 9 years.

Fiscal Year Studio 1BR 2BR YoY 2BR 2BR in FY2026 $ 3BR 4BR
FY2026 (Latest) $700 $705 $925 +2.9% $925 $1,217 $1,289
FY2025 $681 $685 $899 +4.4% $923 $1,159 $1,259
FY2024 $651 $655 $861 +15.3% $909 $1,041 $1,209
FY2023 $564 $567 $747 +10.5% $811 $909 $1,003
FY2022 $510 $514 $676 +2% $765 $836 $917
FY2021 $500 $503 $663 +2.2% $810 $825 $899
FY2020 $492 $493 $649 +4.8% $830 $809 $879
FY2019 $457 $468 $619 +1% $801 $803 $837
FY2018 $449 $461 $613 +0.8% $808 $866 $903
FY2017 $444 $510 $608 $821 $885 $891

Related Pages

Understanding FMR Trends

Fair Market Rents are published each fall for the upcoming fiscal year (October through September). HUD adjusts FMRs annually based on local rental market surveys, American Community Survey (ACS) data, and Consumer Price Index (CPI) adjustments. Periods of rapid rent growth — such as the 2021–2023 period of post-pandemic inflation — are reflected in sharp FMR increases, while periods of market cooling may produce flat or modestly rising FMRs.

Historical data is useful for housing advocates, economists, and policymakers analyzing long-term trends in housing affordability. A rising FMR generally indicates a tightening rental market; a FMR that grows slower than household incomes suggests improving affordability, while one that outpaces income growth signals worsening cost burden.