Memphis vs Merced
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 29% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,055/mo in Merced — saving $2,832/year.
Rent by Unit Size
| Unit Size | Memphis | Merced | Difference |
|---|---|---|---|
| Studio | $560 | $696 | $136 |
| 1 Bedroom | $682 | $865 | $183 |
| 2 Bedrooms | $819 | $1,055 | $236 |
| 3 Bedrooms | $1,011 | $1,328 | $317 |
| 4 Bedrooms | $1,184 | $1,460 | $276 |
| Median Income | $44,652 | $60,958 | $16,306 |
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
Merced
- Studio
- $696/mo
- 1 BR
- $865/mo
- 2 BR
- $1,055/mo
- 3 BR
- $1,328/mo
- 4 BR
- $1,460/mo
- Median Income
- $60,958/yr
Frequently Asked Questions
Is Memphis or Merced cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,055/mo in Merced. That's $236/mo or $2,832/year more expensive in Merced (29% higher).
What is the 2-bedroom rent in Memphis vs Merced?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Merced, a 2-bedroom FMR is $1,055/month.
How do incomes compare between Memphis and Merced?
The median household income in Memphis is $44,652/year. In Merced it is $60,958/year. Merced has the higher median income.
What is the studio rent in Memphis vs Merced?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Merced it is $696/mo.