Housing in Memphis, AL

Home values, rent, ownership rates, and housing market data

Memphis vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Memphis is highlighted.

Median Home Value

5th%ilemost expensive$57,900show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$57,900

Median Rent

N/A

Total Housing Units

Vacancy Rate

36.4%

Owner Occupied

78.6%

Renter Occupied

21.4%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$475

Housing Types

Single Family

86.4%

Multi-Family

0.0%

Mobile Home

13.6%

The median home value in Memphis, AL is $57,900. About 78.6% of housing units are owner-occupied. The median year homes were built is 1978. There are 22 total housing units.