The Most Affordable Neighborhoods in Windyke-Southwind, Memphis, TN by Home Value

 

Windyke-Southwind, Memphis, TN Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Windyke-Southwind area can be challenging. Home prices in Windyke-Southwind are now at a median cost of $370,790, higher than the Memphis average of $244,390.

The average cost of rent is $1,595/mo in Windyke-Southwind, primarily driven by the current value of real estate in the Windyke-Southwind area. In Windyke-Southwind, 54.42% of households rent, and 19.26% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Windyke-Southwind is $9,338 per month. Households that rent pay about 17.08% of their income on rent here. Windyke-Southwind’s most expensive areas are in the northeastern 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.


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