The Most Affordable Neighborhoods in Parkway Village-Oakhaven, Memphis, TN by Home Value

 

Parkway Village-Oakhaven, Memphis, TN Map of Most Affordable Neighborhoods
Click the map to explore

Home Price Key

Affordable
Average
Expensive

These days, finding an affordable place to live in the Parkway Village-Oakhaven area can be challenging. Home prices in Parkway Village-Oakhaven are now at a median cost of $79,566, lower than the Memphis average of $186,591.

The average cost of rent is $1,008/mo in Parkway Village-Oakhaven, primarily driven by the current value of real estate in the Parkway Village-Oakhaven area. While nearly 41.63% of residents own their homes outright in Parkway Village-Oakhaven, 56.42% rent.

Housing affordability isn’t just about home prices, though. The average household income in Parkway Village-Oakhaven is $3,305 per month. Households that rent pay about 30.50% of their income on rent here. Parkway Village-Oakhaven's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.


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