Asheville vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 32% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,106/mo in Asheville — saving $3,240/year.
Rent by Unit Size
| Unit Size | Asheville | Knoxville | Difference |
|---|---|---|---|
| Studio | $689 | $566 | $123 |
| 1 Bedroom | $875 | $693 | $182 |
| 2 Bedrooms | $1,106 | $836 | $270 |
| 3 Bedrooms | $1,316 | $1,106 | $210 |
| 4 Bedrooms | $1,577 | $1,220 | $357 |
| Median Income | $64,400 | $54,020 | $10,380 |
Asheville
- Studio
- $689/mo
- 1 BR
- $875/mo
- 2 BR
- $1,106/mo
- 3 BR
- $1,316/mo
- 4 BR
- $1,577/mo
- Median Income
- $64,400/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 Asheville or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,106/mo in Asheville. That's $270/mo or $3,240/year more expensive in Asheville (32% higher).
What is the 2-bedroom rent in Asheville vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Asheville is $1,106/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Asheville and Knoxville?
The median household income in Asheville is $64,400/year. In Knoxville it is $54,020/year. Asheville has the higher median income.
What is the studio rent in Asheville vs Knoxville?
A studio apartment Fair Market Rent in Asheville is $689/mo. In Knoxville it is $566/mo.