Rent in 38241 (Palmersville, TN)
In ZIP 38241 (Palmersville, TN), a 2-bedroom typically rents for $540–$995 a month, 46% below the Weakley County Fair Market Rent of $995. Other sizes: studio $756, 1 bed $761, 3 beds $558–$1,190, 4 beds $1,663. Owner-occupied homes in Weakley County pay about 0.48% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Range | Best guess | County FMR |
|---|---|---|---|
| Studio | $756 | $756 | $756used above |
| 1 bed | $761 | $761 | $761used above |
| 2 beds | $540–$995 | $540 | $99546% below |
| 3 beds | $558–$1,190 | $558 | $1,19053% below |
| 4 beds | $1,663 | $1,663 | $1,663used above |
- Studio: HUD Fair Market Rent (county) $756 (Oct 1, 2026)
- 1 bed: HUD Fair Market Rent (county) $761 (Oct 1, 2026)
- 2 beds: Census ACS 5-year median gross rent $540 ±$153 (Dec 31, 2024); HUD Fair Market Rent (county) $995 (Oct 1, 2026)
- 3 beds: Census ACS 5-year median gross rent $558 ±$242 (Dec 31, 2024); HUD Fair Market Rent (county) $1,190 (Oct 1, 2026)
- 4 beds: HUD Fair Market Rent (county) $1,663 (Oct 1, 2026)
Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
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Frequently asked questions
- What is the rent for a 2-bedroom in 38241?
- Typically $540–$995 a month, with a best guess of $540. That is 46% below the Weakley County Fair Market Rent ($995).
- What is the rent for a 1-bedroom in 38241?
- $761 a month, the HUD Fair Market Rent for Weakley County; there is no ZIP-level figure for 38241.
- What is the rent for a 3-bedroom in 38241?
- Typically $558–$1,190 a month, with a best guess of $558. That is 53% below the Weakley County Fair Market Rent ($1,190).
- What is the rent for a studio in 38241?
- $756 a month, the HUD Fair Market Rent for Weakley County; there is no ZIP-level figure for 38241.
- What is the rent for a 4-bedroom in 38241?
- $1,663 a month, the HUD Fair Market Rent for Weakley County; there is no ZIP-level figure for 38241.
- What is the property tax rate in ZIP 38241?
- Owner-occupied homes in Weakley County pay a typical 0.48% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do the 38241 rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).