Memphis, TN
Metro area in Tennessee · Updated Jan 2026
12-Month Forecast ↑ +0.3%
Median Home Value
$237,926
↓ -0.4%
Year-over-year
Median Rent
$1,415/mo
↑ +1.8%
Year-over-year
Rental Yield
7.1%
Excellent for investors
5-Year Appreciation
+28.8%
Income Needed to Buy
$67,748
20% down, 30% DTI max
Active Listings
5,213
For-sale inventory
Price-to-Rent Ratio
14
Favors buying
Price Forecast
1 Month
↑ +0.2%
3 Months
↑ +0.4%
12 Months
↑ +0.3%