FairRentWize

Los Angeles-Long Beach-Anaheim vs Memphis

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 131% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,888/mo in Los Angeles-Long Beach-Anaheim — saving $12,828/year.

Rent by Unit Size

Unit SizeLos Angeles-Long Beach-AnaheimMemphisDifference
Studio$1,328$560$768
1 Bedroom$1,565$682$883
2 Bedrooms$1,888$819$1,069
3 Bedrooms$2,453$1,011$1,442
4 Bedrooms$2,724$1,184$1,540
Median Income$117,472$44,652$72,820

Los Angeles-Long Beach-Anaheim

Studio
$1,328/mo
1 BR
$1,565/mo
2 BR
$1,888/mo
3 BR
$2,453/mo
4 BR
$2,724/mo
Median Income
$117,472/yr
Full Los Angeles-Long Beach-Anaheim 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 Los Angeles-Long Beach-Anaheim or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,888/mo in Los Angeles-Long Beach-Anaheim. That's $1,069/mo or $12,828/year more expensive in Los Angeles-Long Beach-Anaheim (131% higher).
What is the 2-bedroom rent in Los Angeles-Long Beach-Anaheim vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Los Angeles-Long Beach-Anaheim is $1,888/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Los Angeles-Long Beach-Anaheim and Memphis?
The median household income in Los Angeles-Long Beach-Anaheim is $117,472/year. In Memphis it is $44,652/year. Los Angeles-Long Beach-Anaheim has the higher median income.
What is the studio rent in Los Angeles-Long Beach-Anaheim vs Memphis?
A studio apartment Fair Market Rent in Los Angeles-Long Beach-Anaheim is $1,328/mo. In Memphis it is $560/mo.