Memphis vs Napa
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 97% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,611/mo in Napa — saving $9,504/year.
Rent by Unit Size
| Unit Size | Memphis | Napa | Difference |
|---|---|---|---|
| Studio | $560 | $1,095 | $535 |
| 1 Bedroom | $682 | $1,307 | $625 |
| 2 Bedrooms | $819 | $1,611 | $792 |
| 3 Bedrooms | $1,011 | $2,034 | $1,023 |
| 4 Bedrooms | $1,184 | $2,234 | $1,050 |
| Median Income | $44,652 | $101,809 | $57,157 |
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
Napa
- Studio
- $1,095/mo
- 1 BR
- $1,307/mo
- 2 BR
- $1,611/mo
- 3 BR
- $2,034/mo
- 4 BR
- $2,234/mo
- Median Income
- $101,809/yr
Frequently Asked Questions
Is Memphis or Napa cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,611/mo in Napa. That's $792/mo or $9,504/year more expensive in Napa (97% higher).
What is the 2-bedroom rent in Memphis vs Napa?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Napa, a 2-bedroom FMR is $1,611/month.
How do incomes compare between Memphis and Napa?
The median household income in Memphis is $44,652/year. In Napa it is $101,809/year. Napa has the higher median income.
What is the studio rent in Memphis vs Napa?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Napa it is $1,095/mo.