Amarillo vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Amarillo is 10% cheaper for renters. A 2-bedroom rents for $744/mo vs $819/mo in Memphis — saving $900/year.
Rent by Unit Size
| Unit Size | Amarillo | Memphis | Difference |
|---|---|---|---|
| Studio | $501 | $560 | $59 |
| 1 Bedroom | $606 | $682 | $76 |
| 2 Bedrooms | $744 | $819 | $75 |
| 3 Bedrooms | $961 | $1,011 | $50 |
| 4 Bedrooms | $1,008 | $1,184 | $176 |
| Median Income | $37,767 | $44,652 | $6,885 |
Amarillo
- Studio
- $501/mo
- 1 BR
- $606/mo
- 2 BR
- $744/mo
- 3 BR
- $961/mo
- 4 BR
- $1,008/mo
- Median Income
- $37,767/yr
Memphis
- Studio
- $560/mo
- 1 BR
- $682/mo
- 2 BR
- $819/mo
- 3 BR
- $1,011/mo
- 4 BR
- $1,184/mo
- Median Income
- $44,652/yr
Frequently Asked Questions
Is Amarillo or Memphis cheaper to rent in?
Amarillo is cheaper — a 2-bedroom Fair Market Rent is $744/mo vs $819/mo in Memphis. That's $75/mo or $900/year more expensive in Memphis (10% higher).
What is the 2-bedroom rent in Amarillo vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Amarillo is $744/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Amarillo and Memphis?
The median household income in Amarillo is $37,767/year. In Memphis it is $44,652/year. Memphis has the higher median income.
What is the studio rent in Amarillo vs Memphis?
A studio apartment Fair Market Rent in Amarillo is $501/mo. In Memphis it is $560/mo.