Chicago-Naperville-Elgin vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 46% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,222/mo in Chicago-Naperville-Elgin — saving $4,632/year.
Rent by Unit Size
| Unit Size | Chicago-Naperville-Elgin | Knoxville | Difference |
|---|---|---|---|
| Studio | $849 | $566 | $283 |
| 1 Bedroom | $1,023 | $693 | $330 |
| 2 Bedrooms | $1,222 | $836 | $386 |
| 3 Bedrooms | $1,528 | $1,106 | $422 |
| 4 Bedrooms | $1,886 | $1,220 | $666 |
| Median Income | $79,852 | $54,020 | $25,832 |
Chicago-Naperville-Elgin
- Studio
- $849/mo
- 1 BR
- $1,023/mo
- 2 BR
- $1,222/mo
- 3 BR
- $1,528/mo
- 4 BR
- $1,886/mo
- Median Income
- $79,852/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 Chicago-Naperville-Elgin or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,222/mo in Chicago-Naperville-Elgin. That's $386/mo or $4,632/year more expensive in Chicago-Naperville-Elgin (46% higher).
What is the 2-bedroom rent in Chicago-Naperville-Elgin vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Chicago-Naperville-Elgin is $1,222/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Chicago-Naperville-Elgin and Knoxville?
The median household income in Chicago-Naperville-Elgin is $79,852/year. In Knoxville it is $54,020/year. Chicago-Naperville-Elgin has the higher median income.
What is the studio rent in Chicago-Naperville-Elgin vs Knoxville?
A studio apartment Fair Market Rent in Chicago-Naperville-Elgin is $849/mo. In Knoxville it is $566/mo.