Fayetteville vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Fayetteville is 7% cheaper for renters. A 2-bedroom rents for $763/mo vs $819/mo in Memphis — saving $672/year.
Rent by Unit Size
| Unit Size | Fayetteville | Memphis | Difference |
|---|---|---|---|
| Studio | $541 | $560 | $19 |
| 1 Bedroom | $639 | $682 | $43 |
| 2 Bedrooms | $763 | $819 | $56 |
| 3 Bedrooms | $1,019 | $1,011 | $8 |
| 4 Bedrooms | $1,164 | $1,184 | $20 |
| Median Income | $49,948 | $44,652 | $5,296 |
Fayetteville
- Studio
- $541/mo
- 1 BR
- $639/mo
- 2 BR
- $763/mo
- 3 BR
- $1,019/mo
- 4 BR
- $1,164/mo
- Median Income
- $49,948/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 Fayetteville or Memphis cheaper to rent in?
Fayetteville is cheaper — a 2-bedroom Fair Market Rent is $763/mo vs $819/mo in Memphis. That's $56/mo or $672/year more expensive in Memphis (7% higher).
What is the 2-bedroom rent in Fayetteville vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Fayetteville is $763/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Fayetteville and Memphis?
The median household income in Fayetteville is $49,948/year. In Memphis it is $44,652/year. Fayetteville has the higher median income.
What is the studio rent in Fayetteville vs Memphis?
A studio apartment Fair Market Rent in Fayetteville is $541/mo. In Memphis it is $560/mo.