Knoxville vs Medford
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 27% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,065/mo in Medford — saving $2,748/year.
Rent by Unit Size
| Unit Size | Knoxville | Medford | Difference |
|---|---|---|---|
| Studio | $566 | $704 | $138 |
| 1 Bedroom | $693 | $865 | $172 |
| 2 Bedrooms | $836 | $1,065 | $229 |
| 3 Bedrooms | $1,106 | $1,318 | $212 |
| 4 Bedrooms | $1,220 | $1,480 | $260 |
| Median Income | $54,020 | $51,417 | $2,603 |
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
Medford
- Studio
- $704/mo
- 1 BR
- $865/mo
- 2 BR
- $1,065/mo
- 3 BR
- $1,318/mo
- 4 BR
- $1,480/mo
- Median Income
- $51,417/yr
Frequently Asked Questions
Is Knoxville or Medford cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,065/mo in Medford. That's $229/mo or $2,748/year more expensive in Medford (27% higher).
What is the 2-bedroom rent in Knoxville vs Medford?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Medford, a 2-bedroom FMR is $1,065/month.
How do incomes compare between Knoxville and Medford?
The median household income in Knoxville is $54,020/year. In Medford it is $51,417/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Medford?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Medford it is $704/mo.