FairRentWize

Bismarck vs Memphis

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Bismarck is 0% cheaper for renters. A 2-bedroom rents for $817/mo vs $819/mo in Memphis — saving $24/year.

Rent by Unit Size

Unit SizeBismarckMemphisDifference
Studio$555$560$5
1 Bedroom$667$682$15
2 Bedrooms$817$819$2
3 Bedrooms$1,020$1,011$9
4 Bedrooms$1,141$1,184$43
Median Income$52,444$44,652$7,792

Bismarck

Studio
$555/mo
1 BR
$667/mo
2 BR
$817/mo
3 BR
$1,020/mo
4 BR
$1,141/mo
Median Income
$52,444/yr
Full Bismarck profile →

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
Full Memphis profile →

Frequently Asked Questions

Is Bismarck or Memphis cheaper to rent in?
Bismarck is cheaper — a 2-bedroom Fair Market Rent is $817/mo vs $819/mo in Memphis. That's $2/mo or $24/year more expensive in Memphis (0% higher).
What is the 2-bedroom rent in Bismarck vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Bismarck is $817/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Bismarck and Memphis?
The median household income in Bismarck is $52,444/year. In Memphis it is $44,652/year. Bismarck has the higher median income.
What is the studio rent in Bismarck vs Memphis?
A studio apartment Fair Market Rent in Bismarck is $555/mo. In Memphis it is $560/mo.