Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the East Memphis-Colonial-Yorkshire area can be challenging. Home prices in East Memphis-Colonial-Yorkshire are now at a median cost of $246,923, higher than the Memphis average of $244,390.
The average cost of rent is $1,292/mo in East Memphis-Colonial-Yorkshire, primarily driven by the current value of real estate in the East Memphis-Colonial-Yorkshire area. In East Memphis-Colonial-Yorkshire, 43.32% of households rent, and 44.81% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in East Memphis-Colonial-Yorkshire is $6,454 per month. Households that rent pay about 20.02% of their income on rent here. East Memphis-Colonial-Yorkshire’s most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Berclair-Highland Heights, Memphis, TN: less expensive homes
- Midtown-Memphis, Memphis, TN: less expensive homes
- Parkway Village-Oakhaven, Memphis, TN: less expensive homes
- River Oaks-Kirby-Balmoral, Memphis, TN: higher priced homes
- Crosstown, Memphis, TN: equally priced homes
- River Oaks, Memphis, TN: higher priced homes
- Medical District, Memphis, TN: less expensive homes
- Downtown Memphis, Memphis, TN: less expensive homes
- Raleigh, Memphis, TN: less expensive homes
- Hickory Ridge-South Riverdale, Memphis, TN: less expensive homes
Neighborhoods with Similar Populations
- Paradise Valley, Phoenix, AZ: higher priced homes
- Koreatown, Los Angeles, CA: higher priced homes
- North Scottsdale, Scottsdale, AZ: higher priced homes
- Northland, Columbus, OH: equally priced homes
- North, Houston, TX: less expensive homes
- Brownsville, Brooklyn, NY: higher priced homes
- Borough Park, Brooklyn, NY: higher priced homes
- Canarsie, Brooklyn, NY: higher priced homes
- Bushwick, Brooklyn, NY: higher priced homes
- Bensonhurst, Brooklyn, NY: higher priced homes
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