Bakersfield vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 24% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,018/mo in Bakersfield — saving $2,388/year.
Rent by Unit Size
| Unit Size | Bakersfield | Memphis | Difference |
|---|---|---|---|
| Studio | $683 | $560 | $123 |
| 1 Bedroom | $854 | $682 | $172 |
| 2 Bedrooms | $1,018 | $819 | $199 |
| 3 Bedrooms | $1,326 | $1,011 | $315 |
| 4 Bedrooms | $1,528 | $1,184 | $344 |
| Median Income | $67,968 | $44,652 | $23,316 |
Bakersfield
- Studio
- $683/mo
- 1 BR
- $854/mo
- 2 BR
- $1,018/mo
- 3 BR
- $1,326/mo
- 4 BR
- $1,528/mo
- Median Income
- $67,968/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 Bakersfield or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,018/mo in Bakersfield. That's $199/mo or $2,388/year more expensive in Bakersfield (24% higher).
What is the 2-bedroom rent in Bakersfield vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Bakersfield is $1,018/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Bakersfield and Memphis?
The median household income in Bakersfield is $67,968/year. In Memphis it is $44,652/year. Bakersfield has the higher median income.
What is the studio rent in Bakersfield vs Memphis?
A studio apartment Fair Market Rent in Bakersfield is $683/mo. In Memphis it is $560/mo.