Knoxville vs Raleigh-Cary
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 31% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,097/mo in Raleigh-Cary — saving $3,132/year.
Rent by Unit Size
| Unit Size | Knoxville | Raleigh-Cary | Difference |
|---|---|---|---|
| Studio | $566 | $760 | $194 |
| 1 Bedroom | $693 | $928 | $235 |
| 2 Bedrooms | $836 | $1,097 | $261 |
| 3 Bedrooms | $1,106 | $1,435 | $329 |
| 4 Bedrooms | $1,220 | $1,556 | $336 |
| Median Income | $54,020 | $70,678 | $16,658 |
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
Raleigh-Cary
- Studio
- $760/mo
- 1 BR
- $928/mo
- 2 BR
- $1,097/mo
- 3 BR
- $1,435/mo
- 4 BR
- $1,556/mo
- Median Income
- $70,678/yr
Frequently Asked Questions
Is Knoxville or Raleigh-Cary cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,097/mo in Raleigh-Cary. That's $261/mo or $3,132/year more expensive in Raleigh-Cary (31% higher).
What is the 2-bedroom rent in Knoxville vs Raleigh-Cary?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Raleigh-Cary, a 2-bedroom FMR is $1,097/month.
How do incomes compare between Knoxville and Raleigh-Cary?
The median household income in Knoxville is $54,020/year. In Raleigh-Cary it is $70,678/year. Raleigh-Cary has the higher median income.
What is the studio rent in Knoxville vs Raleigh-Cary?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Raleigh-Cary it is $760/mo.