Austin-Round Rock-Georgetown vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 59% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,299/mo in Austin-Round Rock-Georgetown — saving $5,760/year.
Rent by Unit Size
| Unit Size | Austin-Round Rock-Georgetown | Memphis | Difference |
|---|---|---|---|
| Studio | $907 | $560 | $347 |
| 1 Bedroom | $1,086 | $682 | $404 |
| 2 Bedrooms | $1,299 | $819 | $480 |
| 3 Bedrooms | $1,588 | $1,011 | $577 |
| 4 Bedrooms | $1,903 | $1,184 | $719 |
| Median Income | $84,490 | $44,652 | $39,838 |
Austin-Round Rock-Georgetown
- Studio
- $907/mo
- 1 BR
- $1,086/mo
- 2 BR
- $1,299/mo
- 3 BR
- $1,588/mo
- 4 BR
- $1,903/mo
- Median Income
- $84,490/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 Austin-Round Rock-Georgetown or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,299/mo in Austin-Round Rock-Georgetown. That's $480/mo or $5,760/year more expensive in Austin-Round Rock-Georgetown (59% higher).
What is the 2-bedroom rent in Austin-Round Rock-Georgetown vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Austin-Round Rock-Georgetown is $1,299/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Austin-Round Rock-Georgetown and Memphis?
The median household income in Austin-Round Rock-Georgetown is $84,490/year. In Memphis it is $44,652/year. Austin-Round Rock-Georgetown has the higher median income.
What is the studio rent in Austin-Round Rock-Georgetown vs Memphis?
A studio apartment Fair Market Rent in Austin-Round Rock-Georgetown is $907/mo. In Memphis it is $560/mo.