Columbus vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 16% cheaper for renters. A 2-bedroom rents for $819/mo vs $951/mo in Columbus — saving $1,584/year.
Rent by Unit Size
| Unit Size | Columbus | Memphis | Difference |
|---|---|---|---|
| Studio | $608 | $560 | $48 |
| 1 Bedroom | $764 | $682 | $82 |
| 2 Bedrooms | $951 | $819 | $132 |
| 3 Bedrooms | $1,108 | $1,011 | $97 |
| 4 Bedrooms | $1,375 | $1,184 | $191 |
| Median Income | $63,239 | $44,652 | $18,587 |
Columbus
- Studio
- $608/mo
- 1 BR
- $764/mo
- 2 BR
- $951/mo
- 3 BR
- $1,108/mo
- 4 BR
- $1,375/mo
- Median Income
- $63,239/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 Columbus or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $951/mo in Columbus. That's $132/mo or $1,584/year more expensive in Columbus (16% higher).
What is the 2-bedroom rent in Columbus vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Columbus is $951/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 $63,239/year. In Memphis it is $44,652/year. Columbus has the higher median income.
What is the studio rent in Columbus vs Memphis?
A studio apartment Fair Market Rent in Columbus is $608/mo. In Memphis it is $560/mo.