Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Crosstown area can be challenging. Home prices in Crosstown are now at a median cost of $248,655, higher than the Memphis average of $244,390.
The average cost of rent is $1,089/mo in Crosstown, primarily driven by the current value of real estate in the Crosstown area. In Crosstown, 48.09% of households rent, and 42.29% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Crosstown is $5,347 per month. Households that rent pay about 20.36% of their income on rent here. Crosstown’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.
Nearby Neighborhoods
- Medical District, Memphis, TN: less expensive homes
- Midtown-Memphis, Memphis, TN: less expensive homes
- Downtown Memphis, Memphis, TN: less expensive homes
- Berclair-Highland Heights, Memphis, TN: less expensive homes
- East Memphis-Colonial-Yorkshire, Memphis, TN: equally priced homes
- Shelby Forest-Frayser, Memphis, TN: less expensive homes
- Raleigh, Memphis, TN: less expensive homes
- White Haven-Coro Lake, Memphis, TN: less expensive homes
- Parkway Village-Oakhaven, Memphis, TN: less expensive homes
- River Oaks-Kirby-Balmoral, Memphis, TN: higher priced homes
Neighborhoods with Similar Populations
- Side Creek, Aurora, CO: higher priced homes
- Downtown Newport News, Newport News, VA: less expensive homes
- East Durham, Durham, NC: higher priced homes
- El Dorado Park, Long Beach, CA: higher priced homes
- Emerald Lake Hills, Redwood City, CA: higher priced homes
- Felicita, Escondido, CA: higher priced homes
- Lake Balboa, Van Nuys, CA: higher priced homes
- North Redmond, Redmond, WA: higher priced homes
- On Top of The World, Clearwater, FL: less expensive homes
- Piety Corner, Waltham, MA: higher priced homes
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