Knoxville vs Reno
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 44% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,208/mo in Reno — saving $4,464/year.
Rent by Unit Size
| Unit Size | Knoxville | Reno | Difference |
|---|---|---|---|
| Studio | $566 | $773 | $207 |
| 1 Bedroom | $693 | $946 | $253 |
| 2 Bedrooms | $836 | $1,208 | $372 |
| 3 Bedrooms | $1,106 | $1,422 | $316 |
| 4 Bedrooms | $1,220 | $1,636 | $416 |
| Median Income | $54,020 | $59,858 | $5,838 |
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
Reno
- Studio
- $773/mo
- 1 BR
- $946/mo
- 2 BR
- $1,208/mo
- 3 BR
- $1,422/mo
- 4 BR
- $1,636/mo
- Median Income
- $59,858/yr
Frequently Asked Questions
Is Knoxville or Reno cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,208/mo in Reno. That's $372/mo or $4,464/year more expensive in Reno (44% higher).
What is the 2-bedroom rent in Knoxville vs Reno?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Reno, a 2-bedroom FMR is $1,208/month.
How do incomes compare between Knoxville and Reno?
The median household income in Knoxville is $54,020/year. In Reno it is $59,858/year. Reno has the higher median income.
What is the studio rent in Knoxville vs Reno?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Reno it is $773/mo.