FairRentWize

Memphis vs Salinas

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Memphis is 94% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,591/mo in Salinas — saving $9,264/year.

Rent by Unit Size

Unit SizeMemphisSalinasDifference
Studio$560$1,095$535
1 Bedroom$682$1,311$629
2 Bedrooms$819$1,591$772
3 Bedrooms$1,011$2,085$1,074
4 Bedrooms$1,184$2,361$1,177
Median Income$44,652$84,603$39,951

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 →

Salinas

Studio
$1,095/mo
1 BR
$1,311/mo
2 BR
$1,591/mo
3 BR
$2,085/mo
4 BR
$2,361/mo
Median Income
$84,603/yr
Full Salinas profile →

Frequently Asked Questions

Is Memphis or Salinas cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,591/mo in Salinas. That's $772/mo or $9,264/year more expensive in Salinas (94% higher).
What is the 2-bedroom rent in Memphis vs Salinas?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Salinas, a 2-bedroom FMR is $1,591/month.
How do incomes compare between Memphis and Salinas?
The median household income in Memphis is $44,652/year. In Salinas it is $84,603/year. Salinas has the higher median income.
What is the studio rent in Memphis vs Salinas?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Salinas it is $1,095/mo.