Memphis vs Seattle-Tacoma-Bellevue
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 92% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,576/mo in Seattle-Tacoma-Bellevue — saving $9,084/year.
Rent by Unit Size
| Unit Size | Memphis | Seattle-Tacoma-Bellevue | Difference |
|---|---|---|---|
| Studio | $560 | $1,044 | $484 |
| 1 Bedroom | $682 | $1,322 | $640 |
| 2 Bedrooms | $819 | $1,576 | $757 |
| 3 Bedrooms | $1,011 | $1,978 | $967 |
| 4 Bedrooms | $1,184 | $2,418 | $1,234 |
| Median Income | $44,652 | $109,700 | $65,048 |
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
Seattle-Tacoma-Bellevue
- Studio
- $1,044/mo
- 1 BR
- $1,322/mo
- 2 BR
- $1,576/mo
- 3 BR
- $1,978/mo
- 4 BR
- $2,418/mo
- Median Income
- $109,700/yr
Frequently Asked Questions
Is Memphis or Seattle-Tacoma-Bellevue cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,576/mo in Seattle-Tacoma-Bellevue. That's $757/mo or $9,084/year more expensive in Seattle-Tacoma-Bellevue (92% higher).
What is the 2-bedroom rent in Memphis vs Seattle-Tacoma-Bellevue?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Seattle-Tacoma-Bellevue, a 2-bedroom FMR is $1,576/month.
How do incomes compare between Memphis and Seattle-Tacoma-Bellevue?
The median household income in Memphis is $44,652/year. In Seattle-Tacoma-Bellevue it is $109,700/year. Seattle-Tacoma-Bellevue has the higher median income.
What is the studio rent in Memphis vs Seattle-Tacoma-Bellevue?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Seattle-Tacoma-Bellevue it is $1,044/mo.