Memphis real estate sale and rent prices
Last update: October 2023
Sale prices
$190,001
Median price
$117 / sq ft
Median price per square feet
3,151 sq ft
Median home size
Home prices
$0 - $57,000
<0.5%
$57,000 - $95,000
13%
$95,000 - $133,000
20%
$133,000 - $171,000
12%
$171,000 - $209,000
8%
$209,000 - $251,000
10%
$251,000 - $301,000
8%
$301,000 - $361,000
7%
$361,000 - $433,000
6%
$433,000 - $520,000
5%
$520,000 - $624,000
3%
>$624,000
8%
Prices per square feet
$0 - $21 / sq ft
4%
$22 - $37 / sq ft
10%
$38 - $53 / sq ft
14%
$54 - $69 / sq ft
16%
$70 - $85 / sq ft
9%
$86 - $102 / sq ft
5%
$103 - $122 / sq ft
9%
$123 - $146 / sq ft
9%
$147 - $175 / sq ft
8%
$176 - $210 / sq ft
7%
$211 - $252 / sq ft
4%
>$253 / sq ft
5%
Home sizes
0 - 430 sq ft
<0.5%
430 - 720 sq ft
2%
720 - 1,010 sq ft
18%
1,010 - 1,300 sq ft
24%
1,300 - 1,590 sq ft
14%
1,590 - 1,900 sq ft
12%
1,900 - 2,280 sq ft
7%
2,280 - 2,740 sq ft
5%
2,740 - 3,290 sq ft
5%
3,290 - 3,940 sq ft
4%
3,950 - 4,730 sq ft
5%
>4,740 sq ft
4%
Bedrooms
Studio
3%
1 bedroom
2%
2 bedrooms
18%
3 bedrooms
51%
4 bedrooms
20%
5 bedrooms
5%
Other
1%
Bathrooms
1 bathroom
29%
2 bathrooms
45%
3 bathrooms
17%
4 bathrooms
6%
Other
3%
Sale vs Rent
For Sale
34%
For Rent
66%
Studio sale prices
$399,897
Median price
1 Bedroom sale prices
$198,998
Median price
$151 / sq ft
Median price per square feet
949 sq ft
Median home size
2 bedrooms sale prices
$139,572
Median price
$58 / sq ft
Median price per square feet
1,009 sq ft
Median home size
Home prices
$0 - $42,000
<0.5%
$42,000 - $70,000
3%
$70,000 - $98,000
26%
$98,000 - $126,000
13%
$126,000 - $154,000
13%
$154,000 - $184,000
9%
$184,000 - $221,000
8%
$221,000 - $265,000
8%
$265,000 - $318,000
9%
$318,000 - $382,000
7%
$382,000 - $458,000
3%
>$458,000
1%
Prices per square feet
$0 - $15 / sq ft
5%
$16 - $27 / sq ft
7%
$28 - $39 / sq ft
17%
$40 - $51 / sq ft
15%
$52 - $63 / sq ft
15%
$64 - $75 / sq ft
9%
$76 - $90 / sq ft
5%
$91 - $108 / sq ft
2%
$109 - $129 / sq ft
2%
$130 - $154 / sq ft
3%
$155 - $184 / sq ft
3%
>$185 / sq ft
17%
Home sizes
0 - 300 sq ft
<0.5%
300 - 500 sq ft
<0.5%
500 - 700 sq ft
5%
710 - 910 sq ft
28%
910 - 1,110 sq ft
26%
1,110 - 1,330 sq ft
26%
1,330 - 1,600 sq ft
7%
1,600 - 1,920 sq ft
5%
1,920 - 2,300 sq ft
2%
2,300 - 2,760 sq ft
<0.5%
2,760 - 3,310 sq ft
<0.5%
>3,310 sq ft
1%
Bathrooms
1 bathroom
55%
2 bathrooms
33%
3 bathrooms
13%
4 bathrooms
<0.5%
Other
<0.5%
Sale vs Rent
For Sale
21%
For Rent
79%
3 bedrooms sale prices
$162,501
Median price
$66 / sq ft
Median price per square feet
1,301 sq ft
Median home size
Home prices
$0 - $49,000
<0.5%
$49,000 - $81,000
6%
$81,000 - $114,000
20%
$114,000 - $146,000
19%
$146,000 - $179,000
10%
$179,000 - $215,000
9%
$215,000 - $257,000
10%
$257,000 - $309,000
6%
$309,000 - $371,000
8%
$371,000 - $445,000
5%
$445,000 - $534,000
3%
>$534,000
4%
Prices per square feet
$0 - $16 / sq ft
2%
$17 - $30 / sq ft
5%
$31 - $44 / sq ft
13%
$45 - $58 / sq ft
19%
$59 - $72 / sq ft
16%
$73 - $86 / sq ft
10%
$87 - $103 / sq ft
7%
$104 - $123 / sq ft
7%
$124 - $147 / sq ft
5%
$148 - $176 / sq ft
8%
$177 - $211 / sq ft
4%
>$212 / sq ft
4%
Home sizes
0 - 390 sq ft
<0.5%
390 - 650 sq ft
<0.5%
650 - 910 sq ft
5%
910 - 1,170 sq ft
31%
1,170 - 1,430 sq ft
24%
1,430 - 1,720 sq ft
20%
1,720 - 2,060 sq ft
10%
2,060 - 2,470 sq ft
5%
2,470 - 2,970 sq ft
2%
2,970 - 3,560 sq ft
2%
3,560 - 4,270 sq ft
1%
>4,270 sq ft
<0.5%
Bathrooms
1 bathroom
30%
2 bathrooms
54%
3 bathrooms
14%
4 bathrooms
2%
Other
<0.5%
Sale vs Rent
For Sale
46%
For Rent
54%
4 bedrooms sale prices
$289,999
Median price
$117 / sq ft
Median price per square feet
2,358 sq ft
Median home size
Home prices
$0 - $87,000
4%
$87,000 - $145,000
15%
$145,000 - $203,000
12%
$203,000 - $261,000
14%
$261,000 - $319,000
9%
$319,000 - $383,000
8%
$383,000 - $459,000
12%
$459,000 - $551,000
6%
$551,000 - $661,000
6%
$661,000 - $794,000
5%
$794,000 - $953,000
5%
>$953,000
4%
Prices per square feet
$0 - $32 / sq ft
6%
$33 - $56 / sq ft
15%
$57 - $80 / sq ft
10%
$81 - $104 / sq ft
6%
$105 - $128 / sq ft
22%
$129 - $153 / sq ft
16%
$154 - $183 / sq ft
10%
$184 - $219 / sq ft
7%
$220 - $262 / sq ft
3%
$263 - $314 / sq ft
3%
$315 - $376 / sq ft
1%
>$377 / sq ft
1%
Home sizes
0 - 700 sq ft
<0.5%
710 - 1,180 sq ft
8%
1,180 - 1,650 sq ft
15%
1,650 - 2,120 sq ft
18%
2,120 - 2,590 sq ft
14%
2,590 - 3,110 sq ft
13%
3,110 - 3,730 sq ft
8%
3,730 - 4,480 sq ft
7%
4,480 - 5,370 sq ft
12%
5,380 - 6,450 sq ft
3%
6,450 - 7,740 sq ft
1%
>7,740 sq ft
1%
Bathrooms
1 bathroom
7%
2 bathrooms
44%
3 bathrooms
27%
4 bathrooms
16%
Other
6%
Sale vs Rent
For Sale
64%
For Rent
36%
5 bedrooms sale prices
$587,002
Median price
$146 / sq ft
Median price per square feet
4,313 sq ft
Median home size
Home prices
$0 - $176,000
9%
$176,000 - $293,000
17%
$293,000 - $411,000
12%
$411,000 - $528,000
6%
$528,000 - $646,000
14%
$646,000 - $775,000
8%
$775,000 - $930,000
14%
$930,000 - $1,116,000
4%
$1,116,000 - $1,339,000
5%
$1,339,000 - $1,607,000
4%
$1,607,000 - $1,928,000
3%
>$1,928,000
4%
Prices per square feet
$0 - $40 / sq ft
4%
$41 - $70 / sq ft
4%
$71 - $100 / sq ft
11%
$101 - $130 / sq ft
18%
$131 - $160 / sq ft
24%
$161 - $192 / sq ft
20%
$193 - $230 / sq ft
8%
$231 - $276 / sq ft
4%
$277 - $331 / sq ft
3%
$332 - $397 / sq ft
1%
$398 - $476 / sq ft
<0.5%
>$477 / sq ft
3%
Home sizes
0 - 1,290 sq ft
1%
1,290 - 2,150 sq ft
4%
2,160 - 3,020 sq ft
13%
3,020 - 3,880 sq ft
18%
3,880 - 4,740 sq ft
20%
4,740 - 5,690 sq ft
15%
5,690 - 6,830 sq ft
13%
6,830 - 8,200 sq ft
10%
8,200 - 9,840 sq ft
3%
9,840 - 11,800 sq ft
3%
11,800 - 14,160 sq ft
<0.5%
>14,160 sq ft
<0.5%
Bathrooms
1 bathroom
1%
2 bathrooms
9%
3 bathrooms
32%
4 bathrooms
27%
Other
31%
Rent prices
$1,196 / month
Median price
$1.14 / sq ft
Median price per square feet
1,006 sq ft
Median home size
Home prices / month
$0 - $360
<0.5%
$360 - $600
2%
$600 - $840
11%
$840 - $1,080
27%
$1,080 - $1,320
20%
$1,320 - $1,580
17%
$1,580 - $1,890
13%
$1,890 - $2,270
5%
$2,270 - $2,720
3%
$2,730 - $3,270
1%
$3,270 - $3,920
1%
>$3,920
<0.5%
Prices per square feet / month
$0.00 - $0.34 / sq ft
<0.5%
$0.34 - $0.57 / sq ft
<0.5%
$0.57 - $0.80 / sq ft
8%
$0.80 - $1.03 / sq ft
28%
$1.03 - $1.26 / sq ft
24%
$1.26 - $1.51 / sq ft
12%
$1.51 - $1.81 / sq ft
11%
$1.81 - $2.17 / sq ft
8%
$2.17 - $2.60 / sq ft
2%
$2.61 - $3.12 / sq ft
5%
$3.13 - $3.75 / sq ft
<0.5%
>$3.75 / sq ft
2%
Home sizes
0 - 300 sq ft
<0.5%
300 - 500 sq ft
4%
500 - 700 sq ft
14%
700 - 900 sq ft
19%
900 - 1,110 sq ft
23%
1,110 - 1,330 sq ft
18%
1,330 - 1,590 sq ft
9%
1,590 - 1,910 sq ft
7%
1,910 - 2,290 sq ft
3%
2,290 - 2,750 sq ft
1%
2,750 - 3,300 sq ft
1%
>3,300 sq ft
1%
Bedrooms
Studio
3%
1 bedroom
24%
2 bedrooms
35%
3 bedrooms
30%
4 bedrooms
6%
5 bedrooms
1%
Other
1%
Bathrooms
1 bathroom
63%
2 bathrooms
35%
3 bathrooms
2%
4 bathrooms
<0.5%
Other
<0.5%
Studio rent prices
$1,214 / month
Median price
$2.14 / sq ft
Median price per square feet
546 sq ft
Median home size
Home prices / month
$0 - $360
<0.5%
$360 - $600
3%
$610 - $850
12%
$850 - $1,090
25%
$1,090 - $1,340
24%
$1,340 - $1,600
22%
$1,600 - $1,920
2%
$1,920 - $2,310
5%
$2,310 - $2,770
<0.5%
$2,770 - $3,320
1%
$3,320 - $3,980
<0.5%
>$3,980
6%
Prices per square feet / month
$0.00 - $0.64 / sq ft
<0.5%
$0.64 - $1.07 / sq ft
1%
$1.07 - $1.50 / sq ft
18%
$1.50 - $1.93 / sq ft
15%
$1.93 - $2.36 / sq ft
22%
$2.36 - $2.83 / sq ft
26%
$2.83 - $3.39 / sq ft
10%
$3.39 - $4.07 / sq ft
8%
$4.07 - $4.89 / sq ft
<0.5%
$4.89 - $5.86 / sq ft
<0.5%
$5.86 - $7.03 / sq ft
<0.5%
>$7.04 / sq ft
<0.5%
Home sizes
0 - 160 sq ft
<0.5%
160 - 270 sq ft
<0.5%
270 - 380 sq ft
9%
380 - 490 sq ft
29%
490 - 600 sq ft
37%
600 - 720 sq ft
13%
720 - 860 sq ft
<0.5%
860 - 1,040 sq ft
5%
1,040 - 1,240 sq ft
<0.5%
1,240 - 1,490 sq ft
<0.5%
1,490 - 1,790 sq ft
<0.5%
>1,790 sq ft
7%
Bathrooms
1 bathroom
94%
2 bathrooms
<0.5%
3 bathrooms
<0.5%
4 bathrooms
<0.5%
Other
6%
1 Bedroom rent prices
$1,116 / month
Median price
$1.68 / sq ft
Median price per square feet
664 sq ft
Median home size
Home prices / month
$0 - $330
<0.5%
$330 - $560
1%
$560 - $780
16%
$780 - $1,000
27%
$1,000 - $1,230
13%
$1,230 - $1,470
22%
$1,470 - $1,770
18%
$1,770 - $2,120
3%
$2,120 - $2,540
1%
$2,540 - $3,050
<0.5%
$3,050 - $3,660
<0.5%
>$3,660
<0.5%
Prices per square feet / month
$0.00 - $0.50 / sq ft
<0.5%
$0.50 - $0.84 / sq ft
2%
$0.84 - $1.17 / sq ft
14%
$1.18 - $1.51 / sq ft
22%
$1.51 - $1.85 / sq ft
27%
$1.85 - $2.22 / sq ft
14%
$2.22 - $2.66 / sq ft
3%
$2.66 - $3.19 / sq ft
18%
$3.19 - $3.83 / sq ft
<0.5%
$3.83 - $4.60 / sq ft
<0.5%
$4.60 - $5.52 / sq ft
<0.5%
>$5.52 / sq ft
<0.5%
Home sizes
0 - 200 sq ft
<0.5%
200 - 330 sq ft
<0.5%
330 - 460 sq ft
1%
460 - 600 sq ft
33%
600 - 730 sq ft
25%
730 - 880 sq ft
29%
880 - 1,050 sq ft
9%
1,050 - 1,260 sq ft
2%
1,260 - 1,510 sq ft
<0.5%
1,510 - 1,820 sq ft
<0.5%
1,820 - 2,180 sq ft
<0.5%
>2,180 sq ft
1%
Bathrooms
1 bathroom
99%
2 bathrooms
1%
3 bathrooms
<0.5%
4 bathrooms
<0.5%
Other
<0.5%
2 bedrooms rent prices
$1,082 / month
Median price
$1.11 / sq ft
Median price per square feet
980 sq ft
Median home size
Home prices / month
$0 - $320
<0.5%
$320 - $540
<0.5%
$540 - $760
11%
$760 - $970
22%
$970 - $1,190
28%
$1,190 - $1,430
12%
$1,430 - $1,710
10%
$1,710 - $2,060
10%
$2,060 - $2,470
6%
$2,470 - $2,960
1%
$2,960 - $3,550
<0.5%
>$3,550
<0.5%
Prices per square feet / month
$0.00 - $0.33 / sq ft
<0.5%
$0.33 - $0.56 / sq ft
<0.5%
$0.56 - $0.78 / sq ft
6%
$0.78 - $1.00 / sq ft
24%
$1.00 - $1.23 / sq ft
32%
$1.23 - $1.47 / sq ft
18%
$1.47 - $1.76 / sq ft
10%
$1.77 - $2.12 / sq ft
10%
$2.12 - $2.54 / sq ft
1%
$2.54 - $3.05 / sq ft
<0.5%
$3.05 - $3.66 / sq ft
<0.5%
>$3.66 / sq ft
<0.5%
Home sizes
0 - 290 sq ft
<0.5%
290 - 490 sq ft
<0.5%
490 - 680 sq ft
2%
680 - 880 sq ft
25%
880 - 1,080 sq ft
36%
1,080 - 1,290 sq ft
29%
1,290 - 1,550 sq ft
4%
1,550 - 1,860 sq ft
2%
1,860 - 2,230 sq ft
<0.5%
2,230 - 2,680 sq ft
<0.5%
2,680 - 3,210 sq ft
<0.5%
>3,220 sq ft
2%
Bathrooms
1 bathroom
60%
2 bathrooms
40%
3 bathrooms
<0.5%
4 bathrooms
<0.5%
Other
<0.5%
3 bedrooms rent prices
$1,295 / month
Median price
$1.00 / sq ft
Median price per square feet
1,272 sq ft
Median home size
Home prices / month
$0 - $380
<0.5%
$380 - $640
<0.5%
$640 - $900
8%
$900 - $1,160
28%
$1,160 - $1,420
26%
$1,420 - $1,710
22%
$1,710 - $2,050
8%
$2,050 - $2,460
3%
$2,460 - $2,950
2%
$2,950 - $3,540
1%
$3,540 - $4,240
1%
>$4,250
1%
Prices per square feet / month
$0.00 - $0.30 / sq ft
<0.5%
$0.30 - $0.50 / sq ft
<0.5%
$0.50 - $0.70 / sq ft
4%
$0.70 - $0.90 / sq ft
26%
$0.90 - $1.10 / sq ft
40%
$1.10 - $1.32 / sq ft
19%
$1.32 - $1.59 / sq ft
7%
$1.59 - $1.90 / sq ft
3%
$1.90 - $2.28 / sq ft
1%
$2.28 - $2.74 / sq ft
<0.5%
$2.74 - $3.29 / sq ft
<0.5%
>$3.29 / sq ft
<0.5%
Home sizes
0 - 380 sq ft
<0.5%
380 - 630 sq ft
<0.5%
630 - 890 sq ft
4%
890 - 1,140 sq ft
30%
1,140 - 1,400 sq ft
29%
1,400 - 1,680 sq ft
22%
1,680 - 2,010 sq ft
11%
2,010 - 2,420 sq ft
3%
2,420 - 2,900 sq ft
1%
2,900 - 3,480 sq ft
<0.5%
3,480 - 4,170 sq ft
<0.5%
>4,170 sq ft
<0.5%
Bathrooms
1 bathroom
45%
2 bathrooms
53%
3 bathrooms
2%
4 bathrooms
<0.5%
Other
<0.5%
4 bedrooms rent prices
$1,585 / month
Median price
$0.95 / sq ft
Median price per square feet
1,599 sq ft
Median home size
Home prices / month
$0 - $470
<0.5%
$470 - $790
<0.5%
$790 - $1,110
12%
$1,110 - $1,420
26%
$1,430 - $1,740
25%
$1,740 - $2,090
20%
$2,090 - $2,510
9%
$2,510 - $3,010
3%
$3,010 - $3,610
1%
$3,610 - $4,330
2%
$4,340 - $5,200
1%
>$5,200
1%
Prices per square feet / month
$0.00 - $0.28 / sq ft
<0.5%
$0.28 - $0.47 / sq ft
<0.5%
$0.47 - $0.66 / sq ft
7%
$0.66 - $0.85 / sq ft
29%
$0.85 - $1.04 / sq ft
35%
$1.04 - $1.25 / sq ft
18%
$1.25 - $1.50 / sq ft
6%
$1.50 - $1.79 / sq ft
4%
$1.80 - $2.15 / sq ft
<0.5%
$2.15 - $2.58 / sq ft
1%
$2.58 - $3.10 / sq ft
1%
>$3.10 / sq ft
<0.5%
Home sizes
0 - 480 sq ft
<0.5%
480 - 800 sq ft
<0.5%
800 - 1,120 sq ft
5%
1,120 - 1,440 sq ft
33%
1,440 - 1,760 sq ft
20%
1,760 - 2,110 sq ft
16%
2,110 - 2,530 sq ft
14%
2,530 - 3,040 sq ft
9%
3,040 - 3,640 sq ft
3%
3,640 - 4,370 sq ft
<0.5%
4,370 - 5,240 sq ft
<0.5%
>5,250 sq ft
<0.5%
Bathrooms
1 bathroom
19%
2 bathrooms
68%
3 bathrooms
12%
4 bathrooms
1%
Other
<0.5%
5 bedrooms rent prices
$3,198 / month
Median price
$0.87 / sq ft
Median price per square feet
2,500 sq ft
Median home size