Las Vegas-Henderson-Paradise vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 41% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,158/mo in Las Vegas-Henderson-Paradise — saving $4,068/year.
Rent by Unit Size
| Unit Size | Las Vegas-Henderson-Paradise | Memphis | Difference |
|---|---|---|---|
| Studio | $763 | $560 | $203 |
| 1 Bedroom | $930 | $682 | $248 |
| 2 Bedrooms | $1,158 | $819 | $339 |
| 3 Bedrooms | $1,413 | $1,011 | $402 |
| 4 Bedrooms | $1,616 | $1,184 | $432 |
| Median Income | $65,358 | $44,652 | $20,706 |
Las Vegas-Henderson-Paradise
- Studio
- $763/mo
- 1 BR
- $930/mo
- 2 BR
- $1,158/mo
- 3 BR
- $1,413/mo
- 4 BR
- $1,616/mo
- Median Income
- $65,358/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 Las Vegas-Henderson-Paradise or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,158/mo in Las Vegas-Henderson-Paradise. That's $339/mo or $4,068/year more expensive in Las Vegas-Henderson-Paradise (41% higher).
What is the 2-bedroom rent in Las Vegas-Henderson-Paradise vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Las Vegas-Henderson-Paradise is $1,158/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Las Vegas-Henderson-Paradise and Memphis?
The median household income in Las Vegas-Henderson-Paradise is $65,358/year. In Memphis it is $44,652/year. Las Vegas-Henderson-Paradise has the higher median income.
What is the studio rent in Las Vegas-Henderson-Paradise vs Memphis?
A studio apartment Fair Market Rent in Las Vegas-Henderson-Paradise is $763/mo. In Memphis it is $560/mo.