Knoxville vs Wilmington
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Knoxville is 22% cheaper for renters. A 2-bedroom rents for $836/mo vs $1,024/mo in Wilmington — saving $2,256/year.
Rent by Unit Size
| Unit Size | Knoxville | Wilmington | Difference |
|---|---|---|---|
| Studio | $566 | $656 | $90 |
| 1 Bedroom | $693 | $838 | $145 |
| 2 Bedrooms | $836 | $1,024 | $188 |
| 3 Bedrooms | $1,106 | $1,314 | $208 |
| 4 Bedrooms | $1,220 | $1,459 | $239 |
| Median Income | $54,020 | $52,995 | $1,025 |
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
Wilmington
- Studio
- $656/mo
- 1 BR
- $838/mo
- 2 BR
- $1,024/mo
- 3 BR
- $1,314/mo
- 4 BR
- $1,459/mo
- Median Income
- $52,995/yr
Frequently Asked Questions
Is Knoxville or Wilmington cheaper to rent in?
Knoxville is cheaper — a 2-bedroom Fair Market Rent is $836/mo vs $1,024/mo in Wilmington. That's $188/mo or $2,256/year more expensive in Wilmington (22% higher).
What is the 2-bedroom rent in Knoxville vs Wilmington?
The HUD Fair Market Rent for a 2-bedroom in Knoxville is $836/month. In Wilmington, a 2-bedroom FMR is $1,024/month.
How do incomes compare between Knoxville and Wilmington?
The median household income in Knoxville is $54,020/year. In Wilmington it is $52,995/year. Knoxville has the higher median income.
What is the studio rent in Knoxville vs Wilmington?
A studio apartment Fair Market Rent in Knoxville is $566/mo. In Wilmington it is $656/mo.