FairRentWize

Memphis vs Topeka

Fair Market Rent Comparison — HUD 2025 Data

Quick Answer

Topeka is 17% cheaper for renters. A 2-bedroom rents for $703/mo vs $819/mo in Memphis — saving $1,392/year.

Rent by Unit Size

Unit SizeMemphisTopekaDifference
Studio$560$458$102
1 Bedroom$682$575$107
2 Bedrooms$819$703$116
3 Bedrooms$1,011$871$140
4 Bedrooms$1,184$1,008$176
Median Income$44,652$37,700$6,952

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 →

Topeka

Studio
$458/mo
1 BR
$575/mo
2 BR
$703/mo
3 BR
$871/mo
4 BR
$1,008/mo
Median Income
$37,700/yr
Full Topeka profile →

Frequently Asked Questions

Is Memphis or Topeka cheaper to rent in?
Topeka is cheaper — a 2-bedroom Fair Market Rent is $703/mo vs $819/mo in Memphis. That's $116/mo or $1,392/year more expensive in Memphis (17% higher).
What is the 2-bedroom rent in Memphis vs Topeka?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Topeka, a 2-bedroom FMR is $703/month.
How do incomes compare between Memphis and Topeka?
The median household income in Memphis is $44,652/year. In Topeka it is $37,700/year. Memphis has the higher median income.
What is the studio rent in Memphis vs Topeka?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Topeka it is $458/mo.