Knoxville vs Laredo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Laredo is 20% cheaper for renters. A 2-bedroom rents for $698/mo vs $836/mo in Knoxville — saving $1,656/year.
Rent by Unit Size
| Unit Size | Knoxville | Laredo | Difference |
|---|---|---|---|
| Studio | $566 | $463 | $103 |
| 1 Bedroom | $693 | $552 | $141 |
| 2 Bedrooms | $836 | $698 | $138 |
| 3 Bedrooms | $1,106 | $851 | $255 |
| 4 Bedrooms | $1,220 | $966 | $254 |
| Median Income | $54,020 | $40,343 | $13,677 |
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
Laredo
- Studio
- $463/mo
- 1 BR
- $552/mo
- 2 BR
- $698/mo
- 3 BR
- $851/mo
- 4 BR
- $966/mo
- Median Income
- $40,343/yr
Frequently Asked Questions
Is Knoxville or Laredo cheaper to rent in?
Laredo is cheaper — a 2-bedroom Fair Market Rent is $698/mo vs $836/mo in Knoxville. That's $138/mo or $1,656/year more expensive in Knoxville (20% higher).
What is the 2-bedroom rent in Knoxville vs Laredo?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Laredo, a 2-bedroom FMR is $698/month.
How do incomes compare between Knoxville and Laredo?
The median household income in Knoxville is $54,020/year. In Laredo it is $40,343/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Laredo?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Laredo it is $463/mo.