Daphne-Fairhope-Foley vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 14% cheaper for renters. A 2-bedroom rents for $819/mo vs $932/mo in Daphne-Fairhope-Foley — saving $1,356/year.
Rent by Unit Size
| Unit Size | Daphne-Fairhope-Foley | Memphis | Difference |
|---|---|---|---|
| Studio | $651 | $560 | $91 |
| 1 Bedroom | $770 | $682 | $88 |
| 2 Bedrooms | $932 | $819 | $113 |
| 3 Bedrooms | $1,160 | $1,011 | $149 |
| 4 Bedrooms | $1,392 | $1,184 | $208 |
| Median Income | $59,073 | $44,652 | $14,421 |
Daphne-Fairhope-Foley
- Studio
- $651/mo
- 1 BR
- $770/mo
- 2 BR
- $932/mo
- 3 BR
- $1,160/mo
- 4 BR
- $1,392/mo
- Median Income
- $59,073/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 Daphne-Fairhope-Foley or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $932/mo in Daphne-Fairhope-Foley. That's $113/mo or $1,356/year more expensive in Daphne-Fairhope-Foley (14% higher).
What is the 2-bedroom rent in Daphne-Fairhope-Foley vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Daphne-Fairhope-Foley is $932/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Daphne-Fairhope-Foley and Memphis?
The median household income in Daphne-Fairhope-Foley is $59,073/year. In Memphis it is $44,652/year. Daphne-Fairhope-Foley has the higher median income.
What is the studio rent in Daphne-Fairhope-Foley vs Memphis?
A studio apartment Fair Market Rent in Daphne-Fairhope-Foley is $651/mo. In Memphis it is $560/mo.