Fort Collins vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 50% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,227/mo in Fort Collins — saving $4,896/year.
Rent by Unit Size
| Unit Size | Fort Collins | Memphis | Difference |
|---|---|---|---|
| Studio | $839 | $560 | $279 |
| 1 Bedroom | $990 | $682 | $308 |
| 2 Bedrooms | $1,227 | $819 | $408 |
| 3 Bedrooms | $1,487 | $1,011 | $476 |
| 4 Bedrooms | $1,747 | $1,184 | $563 |
| Median Income | $63,053 | $44,652 | $18,401 |
Fort Collins
- Studio
- $839/mo
- 1 BR
- $990/mo
- 2 BR
- $1,227/mo
- 3 BR
- $1,487/mo
- 4 BR
- $1,747/mo
- Median Income
- $63,053/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 Fort Collins or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,227/mo in Fort Collins. That's $408/mo or $4,896/year more expensive in Fort Collins (50% higher).
What is the 2-bedroom rent in Fort Collins vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Fort Collins is $1,227/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Fort Collins and Memphis?
The median household income in Fort Collins is $63,053/year. In Memphis it is $44,652/year. Fort Collins has the higher median income.
What is the studio rent in Fort Collins vs Memphis?
A studio apartment Fair Market Rent in Fort Collins is $839/mo. In Memphis it is $560/mo.