Memphis, MI Housing Statistics

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27%

Med. Home Val. NAT. AVG.

24%

Rent NAT. AVG.

13%

Owner Occ. NAT. AVG.

Memphis Housing Information

Index	Memphis	Michigan	National
Median home price	$239,490	$235,809	$326,622
Median rent asked	$1,098	$1,222	$1,444
Avg. people per household	2.2	2.5	2.6
Owner occupied households	72.1%	70.8%	63.6%
Renter occupied households	27.9%	29.2%	36.4%

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Homes For Sale In Memphis, MI

12012 Belle River Rd

Riley, MI

2320 Braidwood Rd

Riley, MI

11779 Dunn Rd

Riley, MI

80619 Main St

Memphis, MI

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Housing Quick Facts

The median home price in Memphis is 27% lower than the national average.
The median rent asked in Memphis is 24% lower than the national average.
The average number of people per household in Memphis is 16% lower than the national average.
The number of owner occupied households in Memphis is 13% higher than the national average.
The number of renter occupied households in Memphis is 23% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Capac, MI	1,895	$163,422	50%
Emmett, MI	265	$216,694	34%
Marine City, MI	4,222	$226,906	31%
Marysville, MI	9,903	$237,293	27%
New Haven, MI	5,018	$275,074	16%
Memphis, MI	1,106	$239,490	27%

Cities with similar population

	Population	Home Price	National Avg.
Ames, TX	1,106	$130,667	60%
Satanta, KS	1,106	$147,636	55%
Woodville, AL	1,106	$176,920	46%
Fifth Ward, LA	1,106	$230,518	29%
Hastings, PA	1,106	$149,598	54%
Memphis, MI	1,106	$239,490	27%

Source: The Memphis, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.