Moderate
40th Percentile
Metro Area
Fair Market Rent prices in Memphis are
high
compared to the national average.
This FMR area is more expensive
than
89%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Memphis is $1,355 per month.
The previous year, rent for a two-bedroom home was $1,298 per month.
This is a 4.39% increase year-over-year.
This FMR rate applies to Clarkedale, AR, Edmondson, AR, Gilmore, AR, Turrell, AR, Crawfordsville, AR, Tyronza, AR, Proctor, AR, Hughes, AR, Earle, AR, Marion, AR and other cities within the region.
The Metro Code or CBSA code for this region is METRO32820M32820.
Additionally, This Fair Market Rent (FMR) area Memphis, TN-MS-AR HUD Metro FMR Area spans one county or city in Arkansas which is listed in the table below.
Estimated population of Memphis, TN-MS-AR HUD Metro FMR Area FMR area is 0 people based on latest Census data.
Compared to the rest of Arkansas, the Memphis FMR area is
more expensive than
100% of the state.
Memphis Fair Market Rent