Knoxville vs Toledo
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Toledo is 9% cheaper for renters. A 2-bedroom rents for $769/mo vs $836/mo in Knoxville — saving $804/year.
Rent by Unit Size
| Unit Size | Knoxville | Toledo | Difference |
|---|---|---|---|
| Studio | $566 | $521 | $45 |
| 1 Bedroom | $693 | $622 | $71 |
| 2 Bedrooms | $836 | $769 | $67 |
| 3 Bedrooms | $1,106 | $990 | $116 |
| 4 Bedrooms | $1,220 | $1,150 | $70 |
| Median Income | $54,020 | $44,170 | $9,850 |
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
Toledo
- Studio
- $521/mo
- 1 BR
- $622/mo
- 2 BR
- $769/mo
- 3 BR
- $990/mo
- 4 BR
- $1,150/mo
- Median Income
- $44,170/yr
Frequently Asked Questions
Is Knoxville or Toledo cheaper to rent in?
Toledo is cheaper — a 2-bedroom Fair Market Rent is $769/mo vs $836/mo in Knoxville. That's $67/mo or $804/year more expensive in Knoxville (9% higher).
What is the 2-bedroom rent in Knoxville vs Toledo?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Toledo, a 2-bedroom FMR is $769/month.
How do incomes compare between Knoxville and Toledo?
The median household income in Knoxville is $54,020/year. In Toledo it is $44,170/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Toledo?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Toledo it is $521/mo.