FairRentWize

Duluth vs Memphis

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 4% cheaper for renters. A 2-bedroom rents for $819/mo vs $849/mo in Duluth — saving $360/year.

Rent by Unit Size

Unit SizeDuluthMemphisDifference
Studio$550$560$10
1 Bedroom$693$682$11
2 Bedrooms$849$819$30
3 Bedrooms$1,028$1,011$17
4 Bedrooms$1,190$1,184$6
Median Income$47,330$44,652$2,678

Duluth

Studio
$550/mo
1 BR
$693/mo
2 BR
$849/mo
3 BR
$1,028/mo
4 BR
$1,190/mo
Median Income
$47,330/yr
Full Duluth 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 Duluth or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $849/mo in Duluth. That's $30/mo or $360/year more expensive in Duluth (4% higher).
What is the 2-bedroom rent in Duluth vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Duluth is $849/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Duluth and Memphis?
The median household income in Duluth is $47,330/year. In Memphis it is $44,652/year. Duluth has the higher median income.
What is the studio rent in Duluth vs Memphis?
A studio apartment Fair Market Rent in Duluth is $550/mo. In Memphis it is $560/mo.