Affordable
Expensive
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These days, finding an affordable place to live in the Hickory Ridge-South Riverdale area can be challenging. Home prices in Hickory Ridge-South Riverdale are now at a median cost of $174,978, lower than the Memphis average of $244,390.
The average cost of rent is $1,532/mo in Hickory Ridge-South Riverdale, primarily driven by the current value of real estate in the Hickory Ridge-South Riverdale area. In Hickory Ridge-South Riverdale, 56.35% of households rent, and 28.39% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hickory Ridge-South Riverdale is $5,649 per month. Households that rent pay about 27.13% of their income on rent here. Hickory Ridge-South Riverdale’s most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Windyke-Southwind, Memphis, TN: higher priced homes
- Parkway Village-Oakhaven, Memphis, TN: less expensive homes
- River Oaks, Memphis, TN: higher priced homes
- River Oaks-Kirby-Balmoral, Memphis, TN: higher priced homes
- Walnut Grove - Shelby Farms PD, Germantown, TN: higher priced homes
- East Memphis-Colonial-Yorkshire, Memphis, TN: higher priced homes
- Cordova-Appling, Cordova, TN: higher priced homes
- Berclair-Highland Heights, Memphis, TN: less expensive homes
- White Haven-Coro Lake, Memphis, TN: less expensive homes
- Midtown-Memphis, Memphis, TN: higher priced homes
Neighborhoods with Similar Populations
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- Bedford Park, Bronx, NY: higher priced homes
- White Haven-Coro Lake, Memphis, TN: less expensive homes
- Ahwatukee, Phoenix, AZ: higher priced homes
- West, Arlington, TX: higher priced homes
- Wedgwood, Fort Worth, TX: higher priced homes
- South Scottsdale, Scottsdale, AZ: higher priced homes
- Parkchester, Bronx, NY: higher priced homes
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