Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Shelby Forest-Frayser area can be challenging. Home prices in Shelby Forest-Frayser are now at a median cost of $90,847, lower than the Memphis average of $186,591.
The average cost of rent is $1,009/mo in Shelby Forest-Frayser, primarily driven by the current value of real estate in the Shelby Forest-Frayser area. While nearly 38.74% of residents own their homes outright in Shelby Forest-Frayser, 48.55% rent.
Housing affordability isn’t just about home prices, though. The average household income in Shelby Forest-Frayser is $3,414 per month. Households that rent pay about 29.55% of their income on rent here. Shelby Forest-Frayser's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the neighborhood.
Nearby Neighborhoods
- Raleigh, Memphis, TN: equally priced homes
- Crosstown, Memphis, TN: higher priced homes
- Berclair-Highland Heights, Memphis, TN: less expensive homes
- Medical District, Memphis, TN: higher priced homes
- Midtown-Memphis, Memphis, TN: higher priced homes
- Downtown Memphis, Memphis, TN: higher priced homes
- East Memphis-Colonial-Yorkshire, Memphis, TN: higher priced homes
- Cordova-Appling, Cordova, TN: higher priced homes
- River Oaks-Kirby-Balmoral, Memphis, TN: higher priced homes
- River Oaks, Memphis, TN: higher priced homes
Neighborhoods with Similar Populations
- Sunnyvale West, Sunnyvale, CA: higher priced homes
- Country Club, Bronx, NY: higher priced homes
- Downtown Memphis, Memphis, TN: higher priced homes
- Downtown San Francisco, San Francisco, CA: higher priced homes
- Eagle Rock, Los Angeles, CA: higher priced homes
- East Colorado Springs, Colorado Springs, CO: higher priced homes
- East Foothills, San Jose, CA: higher priced homes
- East Harlem, Manhattan, NY: higher priced homes
- Edgewater, Chicago, IL: higher priced homes
- El Rancho, Pico Rivera, CA: higher priced 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