Lakeland-Winter Haven vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 24% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,013/mo in Lakeland-Winter Haven — saving $2,328/year.
Rent by Unit Size
| Unit Size | Lakeland-Winter Haven | Memphis | Difference |
|---|---|---|---|
| Studio | $664 | $560 | $104 |
| 1 Bedroom | $793 | $682 | $111 |
| 2 Bedrooms | $1,013 | $819 | $194 |
| 3 Bedrooms | $1,178 | $1,011 | $167 |
| 4 Bedrooms | $1,395 | $1,184 | $211 |
| Median Income | $55,009 | $44,652 | $10,357 |
Lakeland-Winter Haven
- Studio
- $664/mo
- 1 BR
- $793/mo
- 2 BR
- $1,013/mo
- 3 BR
- $1,178/mo
- 4 BR
- $1,395/mo
- Median Income
- $55,009/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 Lakeland-Winter Haven or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,013/mo in Lakeland-Winter Haven. That's $194/mo or $2,328/year more expensive in Lakeland-Winter Haven (24% higher).
What is the 2-bedroom rent in Lakeland-Winter Haven vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Lakeland-Winter Haven is $1,013/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Lakeland-Winter Haven and Memphis?
The median household income in Lakeland-Winter Haven is $55,009/year. In Memphis it is $44,652/year. Lakeland-Winter Haven has the higher median income.
What is the studio rent in Lakeland-Winter Haven vs Memphis?
A studio apartment Fair Market Rent in Lakeland-Winter Haven is $664/mo. In Memphis it is $560/mo.