Median home value: $141K (-2.8% YoY). Rent: $1,232/mo. Price-to-rent: 9.6x. Part of Memphis, TN-MS-AR.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Memphis, TN-MS-AR metro page.
Home Value$141,489
-2.8%
Rent$1,232/mo
AFFORDABILITYBuying $303/mo cheaper ($1,232 rent)6.00% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Memphis.
$28,298 on $141,489
Affordable — 14.9% of income
Under the 28% guideline.
PITI$929
P/I14.9%
Afford$267K
Room+$125K
P&I $679Tax $84Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing