The median home in Millington, Tennessee is valued at $232,017, up 0.6% year over year. Typical monthly rent is $1,565, producing a price-to-rent ratio of 12.4x — below the national average of 18x. Millington is part of the Memphis, TN-MS-AR metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
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Home Value$232,017
+0.6%
Rent$1,565/mo
AFFORDABILITYBuying $88/mo cheaper ($1,565 rent)6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Millington.
$46,403 on $232,017
Affordable — 23.6% of income
Under the 28% guideline.
PITI$1,477
P/I23.6%
Afford$275K
Room+$43K
P&I $1,173Tax $137Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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Full Memphis, TN-MS-AR analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Memphis, TN-MS-AR metro.
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