Jackson vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Jackson is 19% cheaper for renters. A 2-bedroom rents for $689/mo vs $819/mo in Memphis — saving $1,560/year.
Rent by Unit Size
| Unit Size | Jackson | Memphis | Difference |
|---|---|---|---|
| Studio | $447 | $560 | $113 |
| 1 Bedroom | $567 | $682 | $115 |
| 2 Bedrooms | $689 | $819 | $130 |
| 3 Bedrooms | $897 | $1,011 | $114 |
| 4 Bedrooms | $1,019 | $1,184 | $165 |
| Median Income | $45,630 | $44,652 | $978 |
Jackson
- Studio
- $447/mo
- 1 BR
- $567/mo
- 2 BR
- $689/mo
- 3 BR
- $897/mo
- 4 BR
- $1,019/mo
- Median Income
- $45,630/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 Jackson or Memphis cheaper to rent in?
Jackson is cheaper — a 2-bedroom Fair Market Rent is $689/mo vs $819/mo in Memphis. That's $130/mo or $1,560/year more expensive in Memphis (19% higher).
What is the 2-bedroom rent in Jackson vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Jackson is $689/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Jackson and Memphis?
The median household income in Jackson is $45,630/year. In Memphis it is $44,652/year. Jackson has the higher median income.
What is the studio rent in Jackson vs Memphis?
A studio apartment Fair Market Rent in Jackson is $447/mo. In Memphis it is $560/mo.