Memphis vs Washington-Arlington-Alexandria
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Memphis is 97% cheaper for renters. A 2-bedroom rents for $819/mo vs $1,617/mo in Washington-Arlington-Alexandria — saving $9,576/year.
Rent by Unit Size
| Unit Size | Memphis | Washington-Arlington-Alexandria | Difference |
|---|---|---|---|
| Studio | $560 | $1,069 | $509 |
| 1 Bedroom | $682 | $1,302 | $620 |
| 2 Bedrooms | $819 | $1,617 | $798 |
| 3 Bedrooms | $1,011 | $1,969 | $958 |
| 4 Bedrooms | $1,184 | $2,300 | $1,116 |
| Median Income | $44,652 | $101,438 | $56,786 |
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
Washington-Arlington-Alexandria
- Studio
- $1,069/mo
- 1 BR
- $1,302/mo
- 2 BR
- $1,617/mo
- 3 BR
- $1,969/mo
- 4 BR
- $2,300/mo
- Median Income
- $101,438/yr
Frequently Asked Questions
Is Memphis or Washington-Arlington-Alexandria cheaper to rent in?
Memphis is cheaper — a 2-bedroom Fair Market Rent is $819/mo vs $1,617/mo in Washington-Arlington-Alexandria. That's $798/mo or $9,576/year more expensive in Washington-Arlington-Alexandria (97% higher).
What is the 2-bedroom rent in Memphis vs Washington-Arlington-Alexandria?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Washington-Arlington-Alexandria, a 2-bedroom FMR is $1,617/month.
How do incomes compare between Memphis and Washington-Arlington-Alexandria?
The median household income in Memphis is $44,652/year. In Washington-Arlington-Alexandria it is $101,438/year. Washington-Arlington-Alexandria has the higher median income.
What is the studio rent in Memphis vs Washington-Arlington-Alexandria?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Washington-Arlington-Alexandria it is $1,069/mo.