Cheyenne vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 8% cheaper for renters. A 2-bedroom rents for $836/mo vs $906/mo in Cheyenne — saving $840/year.
Rent by Unit Size
| Unit Size | Cheyenne | Knoxville | Difference |
|---|---|---|---|
| Studio | $586 | $566 | $20 |
| 1 Bedroom | $741 | $693 | $48 |
| 2 Bedrooms | $906 | $836 | $70 |
| 3 Bedrooms | $1,120 | $1,106 | $14 |
| 4 Bedrooms | $1,322 | $1,220 | $102 |
| Median Income | $46,984 | $54,020 | $7,036 |
Cheyenne
- Studio
- $586/mo
- 1 BR
- $741/mo
- 2 BR
- $906/mo
- 3 BR
- $1,120/mo
- 4 BR
- $1,322/mo
- Median Income
- $46,984/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 Cheyenne or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $906/mo in Cheyenne. That's $70/mo or $840/year more expensive in Cheyenne (8% higher).
What is the 2-bedroom rent in Cheyenne vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Cheyenne is $906/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Cheyenne and Knoxville?
The median household income in Cheyenne is $46,984/year. In Knoxville it is $54,020/year. Knoxville has the higher median income.
What is the studio rent in Cheyenne vs Knoxville?
A studio apartment Fair Market Rent in Cheyenne is $586/mo. In Knoxville it is $566/mo.