A general overview of the Memphis, FL real estate market is displayed above. The median home price for homes in Memphis, FL is $113,700, which is 32% lower than the Florida average. This means that real estate in the Memphis, FL area is generally more affordable than the rest of Florida. The median rent price in Memphis, FL is $911 which is 12% lower than the Florida average. In Memphis, FL, 68.4% of people are home owners and an average of 3.2 people occupy each home. From luxury houses to affordable condos to urban townhomes, there are many different types of real estate in Memphis, FL. We make it easy to find Memphis, FL real estate listings and homes for sale by filtering location, price, bedrooms and bathrooms in the search area above.