Madera vs Memphis
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 17% cheaper for renters. A 2-bedroom rents for $819/mo vs $960/mo in Madera — saving $1,692/year.
Rent by Unit Size
| Unit Size | Madera | Memphis | Difference |
|---|---|---|---|
| Studio | $646 | $560 | $86 |
| 1 Bedroom | $763 | $682 | $81 |
| 2 Bedrooms | $960 | $819 | $141 |
| 3 Bedrooms | $1,195 | $1,011 | $184 |
| 4 Bedrooms | $1,347 | $1,184 | $163 |
| Median Income | $57,586 | $44,652 | $12,934 |
Madera
- Studio
- $646/mo
- 1 BR
- $763/mo
- 2 BR
- $960/mo
- 3 BR
- $1,195/mo
- 4 BR
- $1,347/mo
- Median Income
- $57,586/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 Madera or Memphis cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $960/mo in Madera. That's $141/mo or $1,692/year more expensive in Madera (17% higher).
What is the 2-bedroom rent in Madera vs Memphis?
The HUD Fair Market Rent for a 2-bedroom in Madera is $960/month. In Memphis, a 2-bedroom FMR is $819/month.
How do incomes compare between Madera and Memphis?
The median household income in Madera is $57,586/year. In Memphis it is $44,652/year. Madera has the higher median income.
What is the studio rent in Madera vs Memphis?
A studio apartment Fair Market Rent in Madera is $646/mo. In Memphis it is $560/mo.