What does housing cost in Memphis in 2026?

Housing in Memphis runs to about €960 per month for a reference home of 45 m².

What is the average rent in Memphis?

Asking rent in Memphis stands at 1,123 €/month.

What are property prices in Memphis?

To buy in Memphis, expect 157,100 €.

Cost of Living in Memphis, 2026: Rent, Groceries, Transport

Cost of living in Memphis — 2026

Memphis has 629,063 residents and lies in Tennessee. Median rent there comes to roughly €960 per month in 2026. To buy, expect 134,285 €. Median income is 43,774 €/year, meaning reference rent absorbs about 26% of monthly income.

Cost of living in Memphis

Rent

Median rent: 960 €/month

Buy

Median home value: 134,285 €

Income

Median household income: 43,774 €/year

Local taxes

Median property tax paid: 1,580 €/year

Quality of life — Memphis

Rent burdenShare of household income spent on rent — US Census ACS 5-year 2023

32,9 %

Poverty rateShare of the population below the poverty line — US Census ACS 5-year 2023

22 %

Cities near Memphis

Compare with neighbouring towns

Southaven18 km Bartlett19 km Collierville25 km Jonesboro102 km Jackson119 km North Little Rock210 km Little Rock222 km Conway227 km

Compare directly

Memphis vs Southaven Memphis vs Bartlett Memphis vs Collierville Memphis vs Jonesboro

All cities in TennesseeCost of living in Tennessee

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