Rankings › Housing Affordability › Memphis, TN-MS-AR
Memphis, TN-MS-AR #43
81.2 composite of 100 Based on 85% of intended metrics
M
Mayor of Memphis, TN-MS-AR
Verified official record pending sourced load.
Income needed to afford median home (at current rate)57,300 · Freddie Mac PMMS 6/18/2026 (6.47%) ·
90.4
Price-to-income ratio4.14 · ACS 1-year 2023 ·
77.3
Median home price265,200 · ACS 1-year 2023 ·
90.4
Rent-to-income22.5% · ACS 1-year 2023 ·
55.9
Monthly mortgage payment (median home)1,337 · Freddie Mac PMMS 6/18/2026 ·
90.4
Not yet sourced: Building permits per capita (Census Building Permits Survey file ingest pending); Months of inventory (Realtor.com feed pending).