Harrisonburg vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 5% cheaper for renters. A 2-bedroom rents for $819/mo vs $860/mo in Harrisonburg — saving $492/year.
Rent by Unit Size
| Unit Size | Harrisonburg | Memphis | Difference |
|---|---|---|---|
| Studio | $584 | $560 | $24 |
| 1 Bedroom | $692 | $682 | $10 |
| 2 Bedrooms | $860 | $819 | $41 |
| 3 Bedrooms | $1,085 | $1,011 | $74 |
| 4 Bedrooms | $1,212 | $1,184 | $28 |
| Median Income | $42,547 | $44,652 | $2,105 |
Harrisonburg
- Studio
- $584/mo
- 1 BR
- $692/mo
- 2 BR
- $860/mo
- 3 BR
- $1,085/mo
- 4 BR
- $1,212/mo
- Median Income
- $42,547/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 Harrisonburg or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $860/mo in Harrisonburg. That's $41/mo or $492/year more expensive in Harrisonburg (5% higher).
What is the 2-bedroom rent in Harrisonburg vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Harrisonburg is $860/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Harrisonburg and Memphis?
The median household income in Harrisonburg is $42,547/year. In Memphis it is $44,652/year. Memphis has the higher median income.
What is the studio rent in Harrisonburg vs Memphis?
A studio apartment Fair Market Rent in Harrisonburg is $584/mo. In Memphis it is $560/mo.