The Most Affordable Neighborhoods in Berclair-Highland Heights, Memphis, TN by Home Value

 

Berclair-Highland Heights, Memphis, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Berclair-Highland Heights area can be challenging. Home prices in Berclair-Highland Heights are now at a median cost of $66,637, lower than the Memphis average of $186,591.

The average cost of rent is $944/mo in Berclair-Highland Heights, primarily driven by the current value of real estate in the Berclair-Highland Heights area. While nearly 53.57% of residents own their homes outright in Berclair-Highland Heights, 50.62% rent.

Housing affordability isn’t just about home prices, though. The average household income in Berclair-Highland Heights is $2,885 per month. Households that rent pay about 32.71% of their income on rent here. Berclair-Highland Heights's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the neighborhood.


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