Memphis vs Portland-Vancouver-Hillsboro
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 60% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,308/mo in Portland-Vancouver-Hillsboro — saving $5,868/year.
Rent by Unit Size
| Unit Size | Memphis | Portland-Vancouver-Hillsboro | Difference |
|---|---|---|---|
| Studio | $560 | $891 | $331 |
| 1 Bedroom | $682 | $1,079 | $397 |
| 2 Bedrooms | $819 | $1,308 | $489 |
| 3 Bedrooms | $1,011 | $1,615 | $604 |
| 4 Bedrooms | $1,184 | $1,963 | $779 |
| Median Income | $44,652 | $90,070 | $45,418 |
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
Portland-Vancouver-Hillsboro
- Studio
- $891/mo
- 1 BR
- $1,079/mo
- 2 BR
- $1,308/mo
- 3 BR
- $1,615/mo
- 4 BR
- $1,963/mo
- Median Income
- $90,070/yr
Frequently Asked Questions
Is Memphis or Portland-Vancouver-Hillsboro cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,308/mo in Portland-Vancouver-Hillsboro. That's $489/mo or $5,868/year more expensive in Portland-Vancouver-Hillsboro (60% higher).
What is the 2-bedroom rent in Memphis vs Portland-Vancouver-Hillsboro?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Portland-Vancouver-Hillsboro, a 2-bedroom FMR is $1,308/month.
How do incomes compare between Memphis and Portland-Vancouver-Hillsboro?
The median household income in Memphis is $44,652/year. In Portland-Vancouver-Hillsboro it is $90,070/year. Portland-Vancouver-Hillsboro has the higher median income.
What is the studio rent in Memphis vs Portland-Vancouver-Hillsboro?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Portland-Vancouver-Hillsboro it is $891/mo.