Helena 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 $857/mo in Helena — saving $456/year.
Rent by Unit Size
| Unit Size | Helena | Memphis | Difference |
|---|---|---|---|
| Studio | $577 | $560 | $17 |
| 1 Bedroom | $711 | $682 | $29 |
| 2 Bedrooms | $857 | $819 | $38 |
| 3 Bedrooms | $1,057 | $1,011 | $46 |
| 4 Bedrooms | $1,186 | $1,184 | $2 |
| Median Income | $47,790 | $44,652 | $3,138 |
Helena
- Studio
- $577/mo
- 1 BR
- $711/mo
- 2 BR
- $857/mo
- 3 BR
- $1,057/mo
- 4 BR
- $1,186/mo
- Median Income
- $47,790/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 Helena or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $857/mo in Helena. That's $38/mo or $456/year more expensive in Helena (5% higher).
What is the 2-bedroom rent in Helena vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Helena is $857/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Helena and Memphis?
The median household income in Helena is $47,790/year. In Memphis it is $44,652/year. Helena has the higher median income.
What is the studio rent in Helena vs Memphis?
A studio apartment Fair Market Rent in Helena is $577/mo. In Memphis it is $560/mo.