FairRentWize

Memphis vs North Port-Sarasota-Bradenton

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 51% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,238/mo in North Port-Sarasota-Bradenton — saving $5,028/year.

Rent by Unit Size

Unit SizeMemphisNorth Port-Sarasota-BradentonDifference
Studio$560$829$269
1 Bedroom$682$1,001$319
2 Bedrooms$819$1,238$419
3 Bedrooms$1,011$1,486$475
4 Bedrooms$1,184$1,806$622
Median Income$44,652$62,142$17,490

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 →

North Port-Sarasota-Bradenton

Studio
$829/mo
1 BR
$1,001/mo
2 BR
$1,238/mo
3 BR
$1,486/mo
4 BR
$1,806/mo
Median Income
$62,142/yr
Full North Port-Sarasota-Bradenton profile →

Frequently Asked Questions

Is Memphis or North Port-Sarasota-Bradenton cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,238/mo in North Port-Sarasota-Bradenton. That's $419/mo or $5,028/year more expensive in North Port-Sarasota-Bradenton (51% higher).
What is the 2-bedroom rent in Memphis vs North Port-Sarasota-Bradenton?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In North Port-Sarasota-Bradenton, a 2-bedroom FMR is $1,238/month.
How do incomes compare between Memphis and North Port-Sarasota-Bradenton?
The median household income in Memphis is $44,652/year. In North Port-Sarasota-Bradenton it is $62,142/year. North Port-Sarasota-Bradenton has the higher median income.
What is the studio rent in Memphis vs North Port-Sarasota-Bradenton?
A studio apartment Fair Market Rent in Memphis is $560/mo. In North Port-Sarasota-Bradenton it is $829/mo.