Idaho Falls vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 10% cheaper for renters. A 2-bedroom rents for $819/mo vs $897/mo in Idaho Falls — saving $936/year.
Rent by Unit Size
| Unit Size | Idaho Falls | Memphis | Difference |
|---|---|---|---|
| Studio | $583 | $560 | $23 |
| 1 Bedroom | $710 | $682 | $28 |
| 2 Bedrooms | $897 | $819 | $78 |
| 3 Bedrooms | $1,089 | $1,011 | $78 |
| 4 Bedrooms | $1,288 | $1,184 | $104 |
| Median Income | $42,238 | $44,652 | $2,414 |
Idaho Falls
- Studio
- $583/mo
- 1 BR
- $710/mo
- 2 BR
- $897/mo
- 3 BR
- $1,089/mo
- 4 BR
- $1,288/mo
- Median Income
- $42,238/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 Idaho Falls or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $897/mo in Idaho Falls. That's $78/mo or $936/year more expensive in Idaho Falls (10% higher).
What is the 2-bedroom rent in Idaho Falls vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Idaho Falls is $897/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Idaho Falls and Memphis?
The median household income in Idaho Falls is $42,238/year. In Memphis it is $44,652/year. Memphis has the higher median income.
What is the studio rent in Idaho Falls vs Memphis?
A studio apartment Fair Market Rent in Idaho Falls is $583/mo. In Memphis it is $560/mo.