Property Prices in Memphis, TN, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 2.20 |
| Mortgage as Percentage of Income: | 18.94% |
| Loan Affordability Index: | 5.28 |
| Price to Rent Ratio - City Centre: | 6.61 |
| Price to Rent Ratio - Outside of Centre: | 6.21 |
| Gross Rental Yield (City Centre): | 15.13% |
| Gross Rental Yield (Outside of Centre): | 16.11% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| 1 Bedroom Apartment in City Centre | 1,362.00 $ | |
| 1 Bedroom Apartment Outside of City Centre | 1,062.83 $ | |
| 3 Bedroom Apartment in City Centre | 1,942.50 $ | |
| 3 Bedroom Apartment Outside of City Centre | 1,810.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 165.41 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 130.50 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 3,623.62 $ | |
| Annual Mortgage Interest Rate (20-Year Fixed, in %) | 6.03 | |
These data are based on 81 entries from 24 contributors over the past 18 months.
Last update: 9 March 2026
Sources and References
Nearby Cities:| Property Prices in Bartlett, Tennessee | 13.40 miles |
| Property Prices in Olive Branch, Mississippi | 22.89 miles |
| Property Prices in Blytheville, Arkansas | 67.90 miles |
| Property Prices in Tupelo, Mississippi | 104.45 miles |
| Property Prices in Portageville, Missouri | 107.90 miles |
| Property Prices in Little Rock, Arkansas | 137.49 miles |
| Property Prices in Arlington, Kentucky | 148.07 miles |
| Property Prices in Melbourne, Arkansas | 158.42 miles |
| Property Prices in West Plains, Missouri | 174.97 miles |
| Property Prices in Jackson, Mississippi | 209.55 miles |
This Page in Other Languages:
 DeutschImmobilienpreise in Memphis
|
 PortuguêsPreços de Imóveis em Memphis
|
 ItalianoPrezzi degli immobili a Memphis
|
 FrançaisPrix de l'immobilier à Memphis
|
 EspañolPrecios de las propiedades en Memphis
|
Leave a comment:0 Comments so far