Denver-Aurora-Lakewood vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 74% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,421/mo in Denver-Aurora-Lakewood — saving $7,224/year.
Rent by Unit Size
| Unit Size | Denver-Aurora-Lakewood | Memphis | Difference |
|---|---|---|---|
| Studio | $944 | $560 | $384 |
| 1 Bedroom | $1,123 | $682 | $441 |
| 2 Bedrooms | $1,421 | $819 | $602 |
| 3 Bedrooms | $1,665 | $1,011 | $654 |
| 4 Bedrooms | $2,036 | $1,184 | $852 |
| Median Income | $86,704 | $44,652 | $42,052 |
Denver-Aurora-Lakewood
- Studio
- $944/mo
- 1 BR
- $1,123/mo
- 2 BR
- $1,421/mo
- 3 BR
- $1,665/mo
- 4 BR
- $2,036/mo
- Median Income
- $86,704/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 Denver-Aurora-Lakewood or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,421/mo in Denver-Aurora-Lakewood. That's $602/mo or $7,224/year more expensive in Denver-Aurora-Lakewood (74% higher).
What is the 2-bedroom rent in Denver-Aurora-Lakewood vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Denver-Aurora-Lakewood is $1,421/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Denver-Aurora-Lakewood and Memphis?
The median household income in Denver-Aurora-Lakewood is $86,704/year. In Memphis it is $44,652/year. Denver-Aurora-Lakewood has the higher median income.
What is the studio rent in Denver-Aurora-Lakewood vs Memphis?
A studio apartment Fair Market Rent in Denver-Aurora-Lakewood is $944/mo. In Memphis it is $560/mo.