Knoxville vs New York-Newark-Jersey City
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 174% cheaper for renters. A 2-bedroom rents for $836/mo vs $2,293/mo in New York-Newark-Jersey City — saving $17,484/year.
Rent by Unit Size
| Unit Size | Knoxville | New York-Newark-Jersey City | Difference |
|---|---|---|---|
| Studio | $566 | $1,531 | $965 |
| 1 Bedroom | $693 | $1,813 | $1,120 |
| 2 Bedrooms | $836 | $2,293 | $1,457 |
| 3 Bedrooms | $1,106 | $2,674 | $1,568 |
| 4 Bedrooms | $1,220 | $3,167 | $1,947 |
| Median Income | $54,020 | $124,777 | $70,757 |
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
New York-Newark-Jersey City
- Studio
- $1,531/mo
- 1 BR
- $1,813/mo
- 2 BR
- $2,293/mo
- 3 BR
- $2,674/mo
- 4 BR
- $3,167/mo
- Median Income
- $124,777/yr
Frequently Asked Questions
Is Knoxville or New York-Newark-Jersey City cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $2,293/mo in New York-Newark-Jersey City. That's $1,457/mo or $17,484/year more expensive in New York-Newark-Jersey City (174% higher).
What is the 2-bedroom rent in Knoxville vs New York-Newark-Jersey City?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In New York-Newark-Jersey City, a 2-bedroom FMR is $2,293/month.
How do incomes compare between Knoxville and New York-Newark-Jersey City?
The median household income in Knoxville is $54,020/year. In New York-Newark-Jersey City it is $124,777/year. New York-Newark-Jersey City has the higher median income.
What is the studio rent in Knoxville vs New York-Newark-Jersey City?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In New York-Newark-Jersey City it is $1,531/mo.