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 $92,506, lower than the Memphis average of $244,390.

The average cost of rent is $1,078/mo in Berclair-Highland Heights, primarily driven by the current value of real estate in the Berclair-Highland Heights area. In Berclair-Highland Heights, 51.77% of households rent, and 51.30% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Berclair-Highland Heights is $3,755 per month. Households that rent pay about 28.72% 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 northwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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