Median home value: $232K (+0.6% YoY). Rent: $1,565/mo. Price-to-rent: 12.4x. 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$232,017
+0.6%
Rent$1,565/mo
AFFORDABILITYBuying $148/mo cheaper ($1,565 rent)6.00% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Millington.
$46,403 on $232,017
Affordable — 22.7% of income
Under the 28% guideline.
PITI$1,417
P/I22.7%
Afford$287K
Room+$55K
P&I $1,113Tax $137Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing