Housing in Memphis, MO
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$109,458
Memphis vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Memphis is highlighted.
Median Home Value
29th%ilemost expensive$117,200show rank
Median Rent
3rd%ilemost expensive rent$491show rank
Rent Burden
8th%ilehighest rent burden11.9%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$117,200
Median Rent
$491
Total Housing Units
889
Vacancy Rate
27.0%
Owner Occupied
71.8%
Renter Occupied
28.2%
Median Property Tax
$937
per year
Monthly Cost (w/ Mortgage)
$766
Housing Types
Single Family76.9%
Multi-Family18.6%
Mobile Home4.5%
The median home value in Memphis, MO is $117,200. According to Zillow, the home value index for Memphis is $109,458. The median rent is $491 per month (Census ACS). About 71.8% of housing units are owner-occupied. The median year homes were built is 1964. There are 889 total housing units.