Knoxville vs Sioux Falls
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 0% cheaper for renters. A 2-bedroom rents for $836/mo vs $837/mo in Sioux Falls — saving $12/year.
Rent by Unit Size
| Unit Size | Knoxville | Sioux Falls | Difference |
|---|---|---|---|
| Studio | $566 | $544 | $22 |
| 1 Bedroom | $693 | $672 | $21 |
| 2 Bedrooms | $836 | $837 | $1 |
| 3 Bedrooms | $1,106 | $1,012 | $94 |
| 4 Bedrooms | $1,220 | $1,129 | $91 |
| Median Income | $54,020 | $55,443 | $1,423 |
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
Sioux Falls
- Studio
- $544/mo
- 1 BR
- $672/mo
- 2 BR
- $837/mo
- 3 BR
- $1,012/mo
- 4 BR
- $1,129/mo
- Median Income
- $55,443/yr
Frequently Asked Questions
Is Knoxville or Sioux Falls cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $837/mo in Sioux Falls. That's $1/mo or $12/year more expensive in Sioux Falls (0% higher).
What is the 2-bedroom rent in Knoxville vs Sioux Falls?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Sioux Falls, a 2-bedroom FMR is $837/month.
How do incomes compare between Knoxville and Sioux Falls?
The median household income in Knoxville is $54,020/year. In Sioux Falls it is $55,443/year. Sioux Falls has the higher median income.
What is the studio rent in Knoxville vs Sioux Falls?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Sioux Falls it is $544/mo.