Memphis vs Redding
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 18% cheaper for renters. A 2-bedroom rents for $819/mo vs $969/mo in Redding — saving $1,800/year.
Rent by Unit Size
| Unit Size | Memphis | Redding | Difference |
|---|---|---|---|
| Studio | $560 | $684 | $124 |
| 1 Bedroom | $682 | $807 | $125 |
| 2 Bedrooms | $819 | $969 | $150 |
| 3 Bedrooms | $1,011 | $1,212 | $201 |
| 4 Bedrooms | $1,184 | $1,339 | $155 |
| Median Income | $44,652 | $56,912 | $12,260 |
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
Redding
- Studio
- $684/mo
- 1 BR
- $807/mo
- 2 BR
- $969/mo
- 3 BR
- $1,212/mo
- 4 BR
- $1,339/mo
- Median Income
- $56,912/yr
Frequently Asked Questions
Is Memphis or Redding cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $969/mo in Redding. That's $150/mo or $1,800/year more expensive in Redding (18% higher).
What is the 2-bedroom rent in Memphis vs Redding?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Redding, a 2-bedroom FMR is $969/month.
How do incomes compare between Memphis and Redding?
The median household income in Memphis is $44,652/year. In Redding it is $56,912/year. Redding has the higher median income.
What is the studio rent in Memphis vs Redding?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Redding it is $684/mo.