Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Memphis area can be challenging. Home prices in Memphis are now at a median cost of $320,994, higher than the Nebraska average of $188,542.
The average cost of rent is $779/mo in Memphis, primarily driven by the current value of real estate in the Memphis area. While nearly 43.90% of residents own their homes outright in Memphis, 13.42% rent.
Housing affordability isn’t just about home prices, though. The average household income in Memphis is $7,730 per month. Households that rent pay about 10.08% of their income on rent here. Memphis's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ashland, NE: less expensive homes
- Wann, NE: equally priced homes
- Ithaca, NE: less expensive homes
- Greenwood, NE: less expensive homes
- Ceresco, NE: less expensive homes
- Venice, NE: higher priced homes
- Mead, NE: less expensive homes
- South Bend, NE: higher priced homes
- Yutan, NE: less expensive homes
- Gretna, NE: equally priced homes
Cities with Similar Populations
- Linville, NC: less expensive homes
- Royal, IL: less expensive homes
- Roxbury, KS: less expensive homes
- Rover, MO: less expensive homes
- Rose, NY: less expensive homes
- Mechanicsville, PA: less expensive homes
- Mabie, WV: less expensive homes
- Lulaton, GA: less expensive homes
- Lowrys, SC: less expensive homes
- Lower Genegantslet Corner, NY: less expensive homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood