Knoxville vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 26% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,055/mo in Merced — saving $2,628/year.
Rent by Unit Size
| Unit Size | Knoxville | Merced | Difference |
|---|---|---|---|
| Studio | $566 | $696 | $130 |
| 1 Bedroom | $693 | $865 | $172 |
| 2 Bedrooms | $836 | $1,055 | $219 |
| 3 Bedrooms | $1,106 | $1,328 | $222 |
| 4 Bedrooms | $1,220 | $1,460 | $240 |
| Median Income | $54,020 | $60,958 | $6,938 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Knoxville or Merced cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,055/mo in Merced. That's $219/mo or $2,628/year more expensive in Merced (26% higher).
What is the 2-bedroom rent in Knoxville vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Knoxville and Merced?
The median household income in Knoxville is $54,020/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Knoxville vs Merced?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Merced it is $696/mo.