El Centro vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 2% cheaper for renters. A 2-bedroom rents for $819/mo vs $834/mo in El Centro — saving $180/year.
Rent by Unit Size
| Unit Size | El Centro | Memphis | Difference |
|---|---|---|---|
| Studio | $556 | $560 | $4 |
| 1 Bedroom | $706 | $682 | $24 |
| 2 Bedrooms | $834 | $819 | $15 |
| 3 Bedrooms | $1,056 | $1,011 | $45 |
| 4 Bedrooms | $1,186 | $1,184 | $2 |
| Median Income | $50,743 | $44,652 | $6,091 |
El Centro
- Studio
- $556/mo
- 1 BR
- $706/mo
- 2 BR
- $834/mo
- 3 BR
- $1,056/mo
- 4 BR
- $1,186/mo
- Median Income
- $50,743/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 El Centro or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $834/mo in El Centro. That's $15/mo or $180/year more expensive in El Centro (2% higher).
What is the 2-bedroom rent in El Centro vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in El Centro is $834/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between El Centro and Memphis?
The median household income in El Centro is $50,743/year. In Memphis it is $44,652/year. El Centro has the higher median income.
What is the studio rent in El Centro vs Memphis?
A studio apartment Fair Market Rent in El Centro is $556/mo. In Memphis it is $560/mo.