Chico vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 27% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,059/mo in Chico — saving $2,676/year.
Rent by Unit Size
| Unit Size | Chico | Knoxville | Difference |
|---|---|---|---|
| Studio | $698 | $566 | $132 |
| 1 Bedroom | $859 | $693 | $166 |
| 2 Bedrooms | $1,059 | $836 | $223 |
| 3 Bedrooms | $1,354 | $1,106 | $248 |
| 4 Bedrooms | $1,491 | $1,220 | $271 |
| Median Income | $66,884 | $54,020 | $12,864 |
Chico
- Studio
- $698/mo
- 1 BR
- $859/mo
- 2 BR
- $1,059/mo
- 3 BR
- $1,354/mo
- 4 BR
- $1,491/mo
- Median Income
- $66,884/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 Chico or Knoxville cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,059/mo in Chico. That's $223/mo or $2,676/year more expensive in Chico (27% higher).
What is the 2-bedroom rent in Chico vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Chico is $1,059/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Chico and Knoxville?
The median household income in Chico is $66,884/year. In Knoxville it is $54,020/year. Chico has the higher median income.
What is the studio rent in Chico vs Knoxville?
A studio apartment Fair Market Rent in Chico is $698/mo. In Knoxville it is $566/mo.