A+
27%
Med. Home Val. NAT. AVG.
24%
Rent NAT. AVG.
13%
Owner Occ. NAT. AVG.
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Memphis Housing Information

IndexMemphisMichiganNational
Median home price$135,000$127,800$184,700
Median rent asked$718$799$949
Avg. people per household2.22.52.6
Owner occupied households72.1%70.8%63.6%
Renter occupied households27.9%29.2%36.4%
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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.

Compare Memphis, MI Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Capac, MI1,858$90,70051%
      Emmett, MI256$118,10036%
      Marine City, MI4,083$125,20032%
      Marysville, MI9,695$133,70028%
      New Haven, MI4,856$152,30018%
      Memphis, MI1,064$135,00027%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Roan Mountain, TN1,064$136,20026%
      Bloomfield, KY1,064$113,90038%
      Southwest City, MO1,064$65,20065%
      Dallas City, IL1,064$78,90057%
      Whitney Point, NY1,065$112,30039%
      Memphis, MI1,064$135,00027%
      Source: The Memphis, MI housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).