Memphis vs Spokane-Spokane Valley
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 24% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,014/mo in Spokane-Spokane Valley — saving $2,340/year.
Rent by Unit Size
| Unit Size | Memphis | Spokane-Spokane Valley | Difference |
|---|---|---|---|
| Studio | $560 | $695 | $135 |
| 1 Bedroom | $682 | $839 | $157 |
| 2 Bedrooms | $819 | $1,014 | $195 |
| 3 Bedrooms | $1,011 | $1,335 | $324 |
| 4 Bedrooms | $1,184 | $1,520 | $336 |
| Median Income | $44,652 | $60,901 | $16,249 |
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
Spokane-Spokane Valley
- Studio
- $695/mo
- 1 BR
- $839/mo
- 2 BR
- $1,014/mo
- 3 BR
- $1,335/mo
- 4 BR
- $1,520/mo
- Median Income
- $60,901/yr
Frequently Asked Questions
Is Memphis or Spokane-Spokane Valley cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,014/mo in Spokane-Spokane Valley. That's $195/mo or $2,340/year more expensive in Spokane-Spokane Valley (24% higher).
What is the 2-bedroom rent in Memphis vs Spokane-Spokane Valley?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Spokane-Spokane Valley, a 2-bedroom FMR is $1,014/month.
How do incomes compare between Memphis and Spokane-Spokane Valley?
The median household income in Memphis is $44,652/year. In Spokane-Spokane Valley it is $60,901/year. Spokane-Spokane Valley has the higher median income.
What is the studio rent in Memphis vs Spokane-Spokane Valley?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Spokane-Spokane Valley it is $695/mo.