FairRentWize

Knoxville vs Milwaukee-Waukesha

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Knoxville is 13% cheaper for renters. A 2-bedroom rents for $836/mo vs $941/mo in Milwaukee-Waukesha — saving $1,260/year.

Rent by Unit Size

Unit SizeKnoxvilleMilwaukee-WaukeshaDifference
Studio$566$640$74
1 Bedroom$693$760$67
2 Bedrooms$836$941$105
3 Bedrooms$1,106$1,181$75
4 Bedrooms$1,220$1,384$164
Median Income$54,020$63,161$9,141

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 →

Milwaukee-Waukesha

Studio
$640/mo
1 BR
$760/mo
2 BR
$941/mo
3 BR
$1,181/mo
4 BR
$1,384/mo
Median Income
$63,161/yr
Full Milwaukee-Waukesha profile →

Frequently Asked Questions

Is Knoxville or Milwaukee-Waukesha cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $941/mo in Milwaukee-Waukesha. That's $105/mo or $1,260/year more expensive in Milwaukee-Waukesha (13% higher).
What is the 2-bedroom rent in Knoxville vs Milwaukee-Waukesha?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Milwaukee-Waukesha, a 2-bedroom FMR is $941/month.
How do incomes compare between Knoxville and Milwaukee-Waukesha?
The median household income in Knoxville is $54,020/year. In Milwaukee-Waukesha it is $63,161/year. Milwaukee-Waukesha has the higher median income.
What is the studio rent in Knoxville vs Milwaukee-Waukesha?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Milwaukee-Waukesha it is $640/mo.