Memphis vs Port St. Lucie
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 42% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,167/mo in Port St. Lucie — saving $4,176/year.
Rent by Unit Size
| Unit Size | Memphis | Port St. Lucie | Difference |
|---|---|---|---|
| Studio | $560 | $754 | $194 |
| 1 Bedroom | $682 | $944 | $262 |
| 2 Bedrooms | $819 | $1,167 | $348 |
| 3 Bedrooms | $1,011 | $1,465 | $454 |
| 4 Bedrooms | $1,184 | $1,698 | $514 |
| Median Income | $44,652 | $57,071 | $12,419 |
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
Port St. Lucie
- Studio
- $754/mo
- 1 BR
- $944/mo
- 2 BR
- $1,167/mo
- 3 BR
- $1,465/mo
- 4 BR
- $1,698/mo
- Median Income
- $57,071/yr
Frequently Asked Questions
Is Memphis or Port St. Lucie cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,167/mo in Port St. Lucie. That's $348/mo or $4,176/year more expensive in Port St. Lucie (42% higher).
What is the 2-bedroom rent in Memphis vs Port St. Lucie?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Port St. Lucie, a 2-bedroom FMR is $1,167/month.
How do incomes compare between Memphis and Port St. Lucie?
The median household income in Memphis is $44,652/year. In Port St. Lucie it is $57,071/year. Port St. Lucie has the higher median income.
What is the studio rent in Memphis vs Port St. Lucie?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Port St. Lucie it is $754/mo.