Knoxville vs Olympia-Lacey-Tumwater
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 41% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,178/mo in Olympia-Lacey-Tumwater — saving $4,104/year.
Rent by Unit Size
| Unit Size | Knoxville | Olympia-Lacey-Tumwater | Difference |
|---|---|---|---|
| Studio | $566 | $769 | $203 |
| 1 Bedroom | $693 | $945 | $252 |
| 2 Bedrooms | $836 | $1,178 | $342 |
| 3 Bedrooms | $1,106 | $1,376 | $270 |
| 4 Bedrooms | $1,220 | $1,633 | $413 |
| Median Income | $54,020 | $67,966 | $13,946 |
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
Olympia-Lacey-Tumwater
- Studio
- $769/mo
- 1 BR
- $945/mo
- 2 BR
- $1,178/mo
- 3 BR
- $1,376/mo
- 4 BR
- $1,633/mo
- Median Income
- $67,966/yr
Frequently Asked Questions
Is Knoxville or Olympia-Lacey-Tumwater cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,178/mo in Olympia-Lacey-Tumwater. That's $342/mo or $4,104/year more expensive in Olympia-Lacey-Tumwater (41% higher).
What is the 2-bedroom rent in Knoxville vs Olympia-Lacey-Tumwater?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Olympia-Lacey-Tumwater, a 2-bedroom FMR is $1,178/month.
How do incomes compare between Knoxville and Olympia-Lacey-Tumwater?
The median household income in Knoxville is $54,020/year. In Olympia-Lacey-Tumwater it is $67,966/year. Olympia-Lacey-Tumwater has the higher median income.
What is the studio rent in Knoxville vs Olympia-Lacey-Tumwater?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Olympia-Lacey-Tumwater it is $769/mo.