FairRentWize

Knoxville vs Lake Charles

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Lake Charles is 14% cheaper for renters. A 2-bedroom rents for $735/mo vs $836/mo in Knoxville — saving $1,212/year.

Rent by Unit Size

Unit SizeKnoxvilleLake CharlesDifference
Studio$566$490$76
1 Bedroom$693$592$101
2 Bedrooms$836$735$101
3 Bedrooms$1,106$930$176
4 Bedrooms$1,220$984$236
Median Income$54,020$45,479$8,541

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
Full Knoxville profile →

Lake Charles

Studio
$490/mo
1 BR
$592/mo
2 BR
$735/mo
3 BR
$930/mo
4 BR
$984/mo
Median Income
$45,479/yr
Full Lake Charles profile →

Frequently Asked Questions

Is Knoxville or Lake Charles cheaper to rent in?
Lake Charles is cheaper — a 2-bedroom Fair Market Rent is $735/mo vs $836/mo in Knoxville. That's $101/mo or $1,212/year more expensive in Knoxville (14% higher).
What is the 2-bedroom rent in Knoxville vs Lake Charles?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Lake Charles, a 2-bedroom FMR is $735/month.
How do incomes compare between Knoxville and Lake Charles?
The median household income in Knoxville is $54,020/year. In Lake Charles it is $45,479/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Lake Charles?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Lake Charles it is $490/mo.