Hanford-Corcoran vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 6% cheaper for renters. A 2-bedroom rents for $819/mo vs $871/mo in Hanford-Corcoran — saving $624/year.
Rent by Unit Size
| Unit Size | Hanford-Corcoran | Memphis | Difference |
|---|---|---|---|
| Studio | $578 | $560 | $18 |
| 1 Bedroom | $702 | $682 | $20 |
| 2 Bedrooms | $871 | $819 | $52 |
| 3 Bedrooms | $1,106 | $1,011 | $95 |
| 4 Bedrooms | $1,179 | $1,184 | $5 |
| Median Income | $53,765 | $44,652 | $9,113 |
Hanford-Corcoran
- Studio
- $578/mo
- 1 BR
- $702/mo
- 2 BR
- $871/mo
- 3 BR
- $1,106/mo
- 4 BR
- $1,179/mo
- Median Income
- $53,765/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 Hanford-Corcoran or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $871/mo in Hanford-Corcoran. That's $52/mo or $624/year more expensive in Hanford-Corcoran (6% higher).
What is the 2-bedroom rent in Hanford-Corcoran vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Hanford-Corcoran is $871/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Hanford-Corcoran and Memphis?
The median household income in Hanford-Corcoran is $53,765/year. In Memphis it is $44,652/year. Hanford-Corcoran has the higher median income.
What is the studio rent in Hanford-Corcoran vs Memphis?
A studio apartment Fair Market Rent in Hanford-Corcoran is $578/mo. In Memphis it is $560/mo.