Ann Arbor vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 40% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,170/mo in Ann Arbor — saving $4,008/year.
Rent by Unit Size
| Unit Size | Ann Arbor | Knoxville | Difference |
|---|---|---|---|
| Studio | $781 | $566 | $215 |
| 1 Bedroom | $945 | $693 | $252 |
| 2 Bedrooms | $1,170 | $836 | $334 |
| 3 Bedrooms | $1,486 | $1,106 | $380 |
| 4 Bedrooms | $1,736 | $1,220 | $516 |
| Median Income | $58,245 | $54,020 | $4,225 |
Ann Arbor
- Studio
- $781/mo
- 1 BR
- $945/mo
- 2 BR
- $1,170/mo
- 3 BR
- $1,486/mo
- 4 BR
- $1,736/mo
- Median Income
- $58,245/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 Ann Arbor or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,170/mo in Ann Arbor. That's $334/mo or $4,008/year more expensive in Ann Arbor (40% higher).
What is the 2-bedroom rent in Ann Arbor vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Ann Arbor is $1,170/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Ann Arbor and Knoxville?
The median household income in Ann Arbor is $58,245/year. In Knoxville it is $54,020/year. Ann Arbor has the higher median income.
What is the studio rent in Ann Arbor vs Knoxville?
A studio apartment Fair Market Rent in Ann Arbor is $781/mo. In Knoxville it is $566/mo.