Memphis, TX Housing Statistics

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A+

67%

Med. Home Val. NAT. AVG.

45%

Rent NAT. AVG.

5%

Owner Occ. NAT. AVG.

Memphis Housing Information

Index	Memphis	Texas	National
Median home price	$107,432	$256,744	$326,622
Median rent asked	$788	$1,363	$1,444
Avg. people per household	2.4	2.8	2.6
Owner occupied households	66.9%	61.9%	63.6%
Renter occupied households	33.1%	38.1%	36.4%

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Homes For Sale In Memphis, TX

1217 W Montgomery St

Memphis, TX

1407 N 16th St

Memphis, TX

321 N 10th St

Memphis, TX

N High St

Memphis, TX

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Housing Quick Facts

The median home price in Memphis is 67% 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

	Population	Home Price	National Avg.
Estelline, TX	127	$0	100%
Lakeview, TX	51	$57,541	82%
Hedley, TX	252	$70,042	79%
Quail, TX	31	$192,875	41%
Memphis, TX	2,331	$107,432	67%

Cities with similar population

	Population	Home Price	National Avg.
Falconer, NY	2,331	$130,397	60%
Granville, NY	2,330	$189,076	42%
Caruthers, CA	2,330	$309,255	5%
Erath, LA	2,332	$210,010	36%
Granby, CO	2,332	$448,645	37%
Memphis, TX	2,331	$107,432	67%

Source: The Memphis, TX 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.