Boulder vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 70% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,393/mo in Boulder — saving $6,888/year.
Rent by Unit Size
| Unit Size | Boulder | Memphis | Difference |
|---|---|---|---|
| Studio | $912 | $560 | $352 |
| 1 Bedroom | $1,165 | $682 | $483 |
| 2 Bedrooms | $1,393 | $819 | $574 |
| 3 Bedrooms | $1,797 | $1,011 | $786 |
| 4 Bedrooms | $2,079 | $1,184 | $895 |
| Median Income | $78,256 | $44,652 | $33,604 |
Boulder
- Studio
- $912/mo
- 1 BR
- $1,165/mo
- 2 BR
- $1,393/mo
- 3 BR
- $1,797/mo
- 4 BR
- $2,079/mo
- Median Income
- $78,256/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 Boulder or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,393/mo in Boulder. That's $574/mo or $6,888/year more expensive in Boulder (70% higher).
What is the 2-bedroom rent in Boulder vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Boulder is $1,393/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Boulder and Memphis?
The median household income in Boulder is $78,256/year. In Memphis it is $44,652/year. Boulder has the higher median income.
What is the studio rent in Boulder vs Memphis?
A studio apartment Fair Market Rent in Boulder is $912/mo. In Memphis it is $560/mo.