Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the River Oaks-Kirby-Balmoral area can be challenging. Home prices in River Oaks-Kirby-Balmoral are now at a median cost of $209,414, higher than the Memphis average of $186,591.
The average cost of rent is $1,159/mo in River Oaks-Kirby-Balmoral, primarily driven by the current value of real estate in the River Oaks-Kirby-Balmoral area. While nearly 39.67% of residents own their homes outright in River Oaks-Kirby-Balmoral, 51.68% rent.
Housing affordability isn’t just about home prices, though. The average household income in River Oaks-Kirby-Balmoral is $6,803 per month. Households that rent pay about 17.03% of their income on rent here. River Oaks-Kirby-Balmoral's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- River Oaks, Memphis, TN: higher priced homes
- Hickory Ridge-South Riverdale, Memphis, TN: less expensive homes
- Cordova-Appling, Cordova, TN: equally priced homes
- East Memphis-Colonial-Yorkshire, Memphis, TN: equally priced homes
- Windyke-Southwind, Memphis, TN: higher priced homes
- Walnut Grove - Shelby Farms PD, Germantown, TN: higher priced homes
- Parkway Village-Oakhaven, Memphis, TN: less expensive homes
- Berclair-Highland Heights, Memphis, TN: less expensive homes
- Eads-Fisherville, Cordova, TN: higher priced homes
- Raleigh, Memphis, TN: less expensive homes
Neighborhoods with Similar Populations
- Far West, Fort Worth, TX: equally priced homes
- South End, Tacoma, WA: higher priced homes
- Harbor Gateway, Torrance, CA: higher priced homes
- Greenwich Village, Manhattan, NY: higher priced homes
- Green Valley North, Henderson, NV: higher priced homes
- Greater Memorial, Houston, TX: higher priced homes
- Greater Greenspoint, Houston, TX: less expensive homes
- Glendale, Queens, NY: higher priced homes
- Gateway-Green Valley Ranch, Denver, CO: higher priced homes
- Frankford, Philadelphia, PA: less expensive homes
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