Memphis vs Myrtle Beach-Conway-North Myrtle Beach
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 20% cheaper for renters. A 2-bedroom rents for $819/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach — saving $1,968/year.
Rent by Unit Size
| Unit Size | Memphis | Myrtle Beach-Conway-North Myrtle Beach | Difference |
|---|---|---|---|
| Studio | $560 | $698 | $138 |
| 1 Bedroom | $682 | $827 | $145 |
| 2 Bedrooms | $819 | $983 | $164 |
| 3 Bedrooms | $1,011 | $1,303 | $292 |
| 4 Bedrooms | $1,184 | $1,404 | $220 |
| Median Income | $44,652 | $58,519 | $13,867 |
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
Myrtle Beach-Conway-North Myrtle Beach
- Studio
- $698/mo
- 1 BR
- $827/mo
- 2 BR
- $983/mo
- 3 BR
- $1,303/mo
- 4 BR
- $1,404/mo
- Median Income
- $58,519/yr
Frequently Asked Questions
Is Memphis or Myrtle Beach-Conway-North Myrtle Beach cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $983/mo in Myrtle Beach-Conway-North Myrtle Beach. That's $164/mo or $1,968/year more expensive in Myrtle Beach-Conway-North Myrtle Beach (20% higher).
What is the 2-bedroom rent in Memphis vs Myrtle Beach-Conway-North Myrtle Beach?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Myrtle Beach-Conway-North Myrtle Beach, a 2-bedroom FMR is $983/month.
How do incomes compare between Memphis and Myrtle Beach-Conway-North Myrtle Beach?
The median household income in Memphis is $44,652/year. In Myrtle Beach-Conway-North Myrtle Beach it is $58,519/year. Myrtle Beach-Conway-North Myrtle Beach has the higher median income.
What is the studio rent in Memphis vs Myrtle Beach-Conway-North Myrtle Beach?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Myrtle Beach-Conway-North Myrtle Beach it is $698/mo.