A+
68%
Med. Home Val. NAT. AVG.
45%
Rent NAT. AVG.
5%
Owner Occ. NAT. AVG.
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Memphis Housing Information

IndexMemphisTexasNational
Median home price$59,500$142,700$184,700
Median rent asked$521$911$949
Avg. people per household2.42.82.6
Owner occupied households66.9%61.9%63.6%
Renter occupied households33.1%38.1%36.4%
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Housing Quick Facts

  • The median home price in Memphis is 68% lower than the national average.
  • The median rent asked in Memphis is 45% lower than the national average.
  • The average number of people per household in Memphis is 8% lower than the national average.
  • The number of owner occupied households in Memphis is 5% higher than the national average.
  • The number of renter occupied households in Memphis is 9% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Estelline, TX122$0100%
      Lakeview, TX50$32,50082%
      Hedley, TX245$38,00079%
      Quail, TX29$108,30041%
      Memphis, TX2,267$59,50068%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Astatula, FL2,266$148,80019%
      Batavia, OH2,266$133,30028%
      Italy, TX2,264$93,80049%
      Ahwahnee, CA2,270$332,30080%
      Deenwood, GA2,263$111,00040%
      Memphis, TX2,267$59,50068%
      Source: The Memphis, TX housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).