Memphis vs Tulsa
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 0% cheaper for renters. A 2-bedroom rents for $819/mo vs $823/mo in Tulsa — saving $48/year.
Rent by Unit Size
| Unit Size | Memphis | Tulsa | Difference |
|---|---|---|---|
| Studio | $560 | $520 | $40 |
| 1 Bedroom | $682 | $651 | $31 |
| 2 Bedrooms | $819 | $823 | $4 |
| 3 Bedrooms | $1,011 | $1,025 | $14 |
| 4 Bedrooms | $1,184 | $1,085 | $99 |
| Median Income | $44,652 | $54,331 | $9,679 |
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
Tulsa
- Studio
- $520/mo
- 1 BR
- $651/mo
- 2 BR
- $823/mo
- 3 BR
- $1,025/mo
- 4 BR
- $1,085/mo
- Median Income
- $54,331/yr
Frequently Asked Questions
Is Memphis or Tulsa cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $823/mo in Tulsa. That's $4/mo or $48/year more expensive in Tulsa (0% higher).
What is the 2-bedroom rent in Memphis vs Tulsa?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Tulsa, a 2-bedroom FMR is $823/month.
How do incomes compare between Memphis and Tulsa?
The median household income in Memphis is $44,652/year. In Tulsa it is $54,331/year. Tulsa has the higher median income.
What is the studio rent in Memphis vs Tulsa?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Tulsa it is $520/mo.