FairRentWize

Kansas City vs Memphis

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 11% cheaper for renters. A 2-bedroom rents for $819/mo vs $905/mo in Kansas City — saving $1,032/year.

Rent by Unit Size

Unit SizeKansas CityMemphisDifference
Studio$640$560$80
1 Bedroom$763$682$81
2 Bedrooms$905$819$86
3 Bedrooms$1,153$1,011$142
4 Bedrooms$1,355$1,184$171
Median Income$53,137$44,652$8,485

Kansas City

Studio
$640/mo
1 BR
$763/mo
2 BR
$905/mo
3 BR
$1,153/mo
4 BR
$1,355/mo
Median Income
$53,137/yr
Full Kansas City profile →

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
Full Memphis profile →

Frequently Asked Questions

Is Kansas City or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $905/mo in Kansas City. That's $86/mo or $1,032/year more expensive in Kansas City (11% higher).
What is the 2-bedroom rent in Kansas City vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Kansas City is $905/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Kansas City and Memphis?
The median household income in Kansas City is $53,137/year. In Memphis it is $44,652/year. Kansas City has the higher median income.
What is the studio rent in Kansas City vs Memphis?
A studio apartment Fair Market Rent in Kansas City is $640/mo. In Memphis it is $560/mo.