Albuquerque vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 15% cheaper for renters. A 2-bedroom rents for $836/mo vs $958/mo in Albuquerque — saving $1,464/year.
Rent by Unit Size
| Unit Size | Albuquerque | Knoxville | Difference |
|---|---|---|---|
| Studio | $647 | $566 | $81 |
| 1 Bedroom | $793 | $693 | $100 |
| 2 Bedrooms | $958 | $836 | $122 |
| 3 Bedrooms | $1,161 | $1,106 | $55 |
| 4 Bedrooms | $1,339 | $1,220 | $119 |
| Median Income | $49,585 | $54,020 | $4,435 |
Albuquerque
- Studio
- $647/mo
- 1 BR
- $793/mo
- 2 BR
- $958/mo
- 3 BR
- $1,161/mo
- 4 BR
- $1,339/mo
- Median Income
- $49,585/yr
Knoxville
- Studio
- $566/mo
- 1 BR
- $693/mo
- 2 BR
- $836/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,220/mo
- Median Income
- $54,020/yr
Frequently Asked Questions
Is Albuquerque or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $958/mo in Albuquerque. That's $122/mo or $1,464/year more expensive in Albuquerque (15% higher).
What is the 2-bedroom rent in Albuquerque vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Albuquerque is $958/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Albuquerque and Knoxville?
The median household income in Albuquerque is $49,585/year. In Knoxville it is $54,020/year. Knoxville has the higher median income.
What is the studio rent in Albuquerque vs Knoxville?
A studio apartment Fair Market Rent in Albuquerque is $647/mo. In Knoxville it is $566/mo.