Greensboro-High Point 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 $837/mo in Greensboro-High Point — saving $216/year.
Rent by Unit Size
| Unit Size | Greensboro-High Point | Memphis | Difference |
|---|---|---|---|
| Studio | $565 | $560 | $5 |
| 1 Bedroom | $699 | $682 | $17 |
| 2 Bedrooms | $837 | $819 | $18 |
| 3 Bedrooms | $1,051 | $1,011 | $40 |
| 4 Bedrooms | $1,259 | $1,184 | $75 |
| Median Income | $51,051 | $44,652 | $6,399 |
Greensboro-High Point
- Studio
- $565/mo
- 1 BR
- $699/mo
- 2 BR
- $837/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,259/mo
- Median Income
- $51,051/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 Greensboro-High Point or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $837/mo in Greensboro-High Point. That's $18/mo or $216/year more expensive in Greensboro-High Point (2% higher).
What is the 2-bedroom rent in Greensboro-High Point vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Greensboro-High Point is $837/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Greensboro-High Point and Memphis?
The median household income in Greensboro-High Point is $51,051/year. In Memphis it is $44,652/year. Greensboro-High Point has the higher median income.
What is the studio rent in Greensboro-High Point vs Memphis?
A studio apartment Fair Market Rent in Greensboro-High Point is $565/mo. In Memphis it is $560/mo.