Median home value: $296K (-1.7% YoY). Rent: $1,807/mo. Price-to-rent: 13.6x. Part of Memphis, TN-MS-AR.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Memphis, TN-MS-AR metro page.
Home Value$295,755
-1.7%
Rent$1,807/mo
AFFORDABILITYBuying $47/mo cheaper ($1,807 rent)6.00% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Cordova.
$59,151 on $295,755
Stretch — 28.2% of income
Above 28% but manageable with cuts.
PITI$1,760
P/I28.2%
Afford$294K
Gap-$2K
P&I $1,419Tax $175Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing