Location: Weakley County, TN | Metro: Weakley County, TN
| Unit Size | Monthly FMR |
|---|---|
| Studio | $760 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $1,000 |
| 3 Bedrooms | $1,190 |
| 4 Bedrooms | $1,660 |
| 5 Bedrooms | $1,926 |
| 6 Bedrooms | $2,157 |
| 7 Bedrooms | $2,330 |
| 8 Bedrooms | $2,447 |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 38225 in the metro area for fiscal year 2026 is set at $930. This figure represents the maximum amount a landlord can charge for rent under the Section 8 Housing Choice Voucher program. It's important to note that this is not the rent you will receive; rather, it's the payment standard used to determine the rent subsidy for eligible tenants.
In comparison, the average rent in ZIP 38225, based on recent Census American Community Survey (ACS) data, is around $760. This indicates that the FMR is higher than the typical market rate, which could be beneficial for landlords participating in the Section 8 program.
The 28.5% renter share suggests that nearly three out of every ten households in ZIP 38225 are renters. This percentage points to a significant demand for rental properties, especially those affordable to low-income families who might rely on Section 8 vouchers.
If you're looking to acquire a property in this area, the median home value is approximately $179,610. This figure can help you estimate the potential investment required to purchase a property suitable for Section 8 tenants.
A key factor to verify before proceeding with your first Section 8 rental in ZIP 38225 is the property inspection requirements. The local housing authority will inspect your property to ensure it meets certain safety and quality standards. Make sure your property complies with these criteria to avoid delays or rejection.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.