Great Falls vs Knoxville
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Great Falls is 6% cheaper for renters. A 2-bedroom rents for $791/mo vs $836/mo in Knoxville — saving $540/year.
Rent by Unit Size
| Unit Size | Great Falls | Knoxville | Difference |
|---|---|---|---|
| Studio | $519 | $566 | $47 |
| 1 Bedroom | $625 | $693 | $68 |
| 2 Bedrooms | $791 | $836 | $45 |
| 3 Bedrooms | $997 | $1,106 | $109 |
| 4 Bedrooms | $1,047 | $1,220 | $173 |
| Median Income | $41,522 | $54,020 | $12,498 |
Great Falls
- Studio
- $519/mo
- 1 BR
- $625/mo
- 2 BR
- $791/mo
- 3 BR
- $997/mo
- 4 BR
- $1,047/mo
- Median Income
- $41,522/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 Great Falls or Knoxville cheaper to rent in?
Great Falls is cheaper — a 2-bedroom Fair Market Rent is $791/mo vs $836/mo in Knoxville. That's $45/mo or $540/year more expensive in Knoxville (6% higher).
What is the 2-bedroom rent in Great Falls vs Knoxville?
The HUD Fair Market Rent for a 2-bedroom in Great Falls is $791/month. In Knoxville, a 2-bedroom FMR is $836/month.
How do incomes compare between Great Falls and Knoxville?
The median household income in Great Falls is $41,522/year. In Knoxville it is $54,020/year. Knoxville has the higher median income.
What is the studio rent in Great Falls vs Knoxville?
A studio apartment Fair Market Rent in Great Falls is $519/mo. In Knoxville it is $566/mo.