Memphis vs South Bend-Mishawaka
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
South Bend-Mishawaka is 13% cheaper for renters. A 2-bedroom rents for $724/mo vs $819/mo in Memphis — saving $1,140/year.
Rent by Unit Size
| Unit Size | Memphis | South Bend-Mishawaka | Difference |
|---|---|---|---|
| Studio | $560 | $500 | $60 |
| 1 Bedroom | $682 | $609 | $73 |
| 2 Bedrooms | $819 | $724 | $95 |
| 3 Bedrooms | $1,011 | $947 | $64 |
| 4 Bedrooms | $1,184 | $1,108 | $76 |
| Median Income | $44,652 | $45,155 | $503 |
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
South Bend-Mishawaka
- Studio
- $500/mo
- 1 BR
- $609/mo
- 2 BR
- $724/mo
- 3 BR
- $947/mo
- 4 BR
- $1,108/mo
- Median Income
- $45,155/yr
Frequently Asked Questions
Is Memphis or South Bend-Mishawaka cheaper to rent in?
South Bend-Mishawaka is cheaper — a 2-bedroom Fair Market Rent is $724/mo vs $819/mo in Memphis. That's $95/mo or $1,140/year more expensive in Memphis (13% higher).
What is the 2-bedroom rent in Memphis vs South Bend-Mishawaka?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In South Bend-Mishawaka, a 2-bedroom FMR is $724/month.
How do incomes compare between Memphis and South Bend-Mishawaka?
The median household income in Memphis is $44,652/year. In South Bend-Mishawaka it is $45,155/year. South Bend-Mishawaka has the higher median income.
What is the studio rent in Memphis vs South Bend-Mishawaka?
A studio apartment Fair Market Rent in Memphis is $560/mo. In South Bend-Mishawaka it is $500/mo.