FairRentWize

Columbus vs Memphis

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Columbus is 12% cheaper for renters. A 2-bedroom rents for $733/mo vs $819/mo in Memphis — saving $1,032/year.

Rent by Unit Size

Unit SizeColumbusMemphisDifference
Studio$493$560$67
1 Bedroom$600$682$82
2 Bedrooms$733$819$86
3 Bedrooms$932$1,011$79
4 Bedrooms$1,032$1,184$152
Median Income$37,268$44,652$7,384

Columbus

Studio
$493/mo
1 BR
$600/mo
2 BR
$733/mo
3 BR
$932/mo
4 BR
$1,032/mo
Median Income
$37,268/yr
Full Columbus 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 Columbus or Memphis cheaper to rent in?
Columbus is cheaper — a 2-bedroom Fair Market Rent is $733/mo vs $819/mo in Memphis. That's $86/mo or $1,032/year more expensive in Memphis (12% higher).
What is the 2-bedroom rent in Columbus vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Columbus is $733/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Columbus and Memphis?
The median household income in Columbus is $37,268/year. In Memphis it is $44,652/year. Memphis has the higher median income.
What is the studio rent in Columbus vs Memphis?
A studio apartment Fair Market Rent in Columbus is $493/mo. In Memphis it is $560/mo.