Knoxville vs Lafayette
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Lafayette is 13% cheaper for renters. A 2-bedroom rents for $741/mo vs $836/mo in Knoxville — saving $1,140/year.
Rent by Unit Size
| Unit Size | Knoxville | Lafayette | Difference |
|---|---|---|---|
| Studio | $566 | $502 | $64 |
| 1 Bedroom | $693 | $626 | $67 |
| 2 Bedrooms | $836 | $741 | $95 |
| 3 Bedrooms | $1,106 | $958 | $148 |
| 4 Bedrooms | $1,220 | $1,134 | $86 |
| Median Income | $54,020 | $38,989 | $15,031 |
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
Lafayette
- Studio
- $502/mo
- 1 BR
- $626/mo
- 2 BR
- $741/mo
- 3 BR
- $958/mo
- 4 BR
- $1,134/mo
- Median Income
- $38,989/yr
Frequently Asked Questions
Is Knoxville or Lafayette cheaper to rent in?
Lafayette is cheaper — a 2-bedroom Fair Market Rent is $741/mo vs $836/mo in Knoxville. That's $95/mo or $1,140/year more expensive in Knoxville (13% higher).
What is the 2-bedroom rent in Knoxville vs Lafayette?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Lafayette, a 2-bedroom FMR is $741/month.
How do incomes compare between Knoxville and Lafayette?
The median household income in Knoxville is $54,020/year. In Lafayette it is $38,989/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Lafayette?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Lafayette it is $502/mo.