Charlotte-Concord-Gastonia vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 30% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,084/mo in Charlotte-Concord-Gastonia — saving $2,976/year.
Rent by Unit Size
| Unit Size | Charlotte-Concord-Gastonia | Knoxville | Difference |
|---|---|---|---|
| Studio | $724 | $566 | $158 |
| 1 Bedroom | $881 | $693 | $188 |
| 2 Bedrooms | $1,084 | $836 | $248 |
| 3 Bedrooms | $1,328 | $1,106 | $222 |
| 4 Bedrooms | $1,555 | $1,220 | $335 |
| Median Income | $63,227 | $54,020 | $9,207 |
Charlotte-Concord-Gastonia
- Studio
- $724/mo
- 1 BR
- $881/mo
- 2 BR
- $1,084/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,555/mo
- Median Income
- $63,227/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 Charlotte-Concord-Gastonia or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,084/mo in Charlotte-Concord-Gastonia. That's $248/mo or $2,976/year more expensive in Charlotte-Concord-Gastonia (30% higher).
What is the 2-bedroom rent in Charlotte-Concord-Gastonia vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Charlotte-Concord-Gastonia is $1,084/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Charlotte-Concord-Gastonia and Knoxville?
The median household income in Charlotte-Concord-Gastonia is $63,227/year. In Knoxville it is $54,020/year. Charlotte-Concord-Gastonia has the higher median income.
What is the studio rent in Charlotte-Concord-Gastonia vs Knoxville?
A studio apartment Fair Market Rent in Charlotte-Concord-Gastonia is $724/mo. In Knoxville it is $566/mo.