Memphis vs Wichita
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Wichita is 0% cheaper for renters. A 2-bedroom rents for $815/mo vs $819/mo in Memphis — saving $48/year.
Rent by Unit Size
| Unit Size | Memphis | Wichita | Difference |
|---|---|---|---|
| Studio | $560 | $544 | $16 |
| 1 Bedroom | $682 | $646 | $36 |
| 2 Bedrooms | $819 | $815 | $4 |
| 3 Bedrooms | $1,011 | $943 | $68 |
| 4 Bedrooms | $1,184 | $1,087 | $97 |
| Median Income | $44,652 | $42,402 | $2,250 |
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
Wichita
- Studio
- $544/mo
- 1 BR
- $646/mo
- 2 BR
- $815/mo
- 3 BR
- $943/mo
- 4 BR
- $1,087/mo
- Median Income
- $42,402/yr
Frequently Asked Questions
Is Memphis or Wichita cheaper to rent in?
Wichita is cheaper — a 2-bedroom Fair Market Rent is $815/mo vs $819/mo in Memphis. That's $4/mo or $48/year more expensive in Memphis (0% higher).
What is the 2-bedroom rent in Memphis vs Wichita?
The HUD Fair Market Rent for a 2-bedroom in Memphis is $819/month. In Wichita, a 2-bedroom FMR is $815/month.
How do incomes compare between Memphis and Wichita?
The median household income in Memphis is $44,652/year. In Wichita it is $42,402/year. Memphis has the higher median income.
What is the studio rent in Memphis vs Wichita?
A studio apartment Fair Market Rent in Memphis is $560/mo. In Wichita it is $544/mo.