Knoxville vs Salem
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 36% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,137/mo in Salem — saving $3,612/year.
Rent by Unit Size
| Unit Size | Knoxville | Salem | Difference |
|---|---|---|---|
| Studio | $566 | $741 | $175 |
| 1 Bedroom | $693 | $913 | $220 |
| 2 Bedrooms | $836 | $1,137 | $301 |
| 3 Bedrooms | $1,106 | $1,411 | $305 |
| 4 Bedrooms | $1,220 | $1,615 | $395 |
| Median Income | $54,020 | $53,953 | $67 |
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
Salem
- Studio
- $741/mo
- 1 BR
- $913/mo
- 2 BR
- $1,137/mo
- 3 BR
- $1,411/mo
- 4 BR
- $1,615/mo
- Median Income
- $53,953/yr
Frequently Asked Questions
Is Knoxville or Salem cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,137/mo in Salem. That's $301/mo or $3,612/year more expensive in Salem (36% higher).
What is the 2-bedroom rent in Knoxville vs Salem?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Salem, a 2-bedroom FMR is $1,137/month.
How do incomes compare between Knoxville and Salem?
The median household income in Knoxville is $54,020/year. In Salem it is $53,953/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Salem?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Salem it is $741/mo.