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Memphis, MI
Full City Profile · Michigan · St. Clair County County
3.2
/5.0
B
Good
1,107
Population
988/sq mi density
$60,884
Median Income
$29,707 per capita
$190,400
Home Value
$312,945 Zillow
$832
Median Rent
26.6% income on rent
48°F
Avg Temperature
260 sunny days/yr
84
Violent Crime/100K
0 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$60,884 median income, 2.9% unemployment
A+
Affordability
4.9 / 5.0
$190,400 home value, $832/mo rent
C
Safety
2.0 / 5.0
84 violent crimes/100K
C
Education
2.2 / 5.0
14.8% bachelor's degree or higher
Housing Overview
Median Home Value
$190,400
32% below
US avg: $281,900
Median Rent
$832/mo
28% below
US avg: $1,163/mo
Homeownership Rate
65.6%
0% below US avg (65.4%)
Total Housing Units
549
Median year built: 1958
Home Value by Source
Census Median
$190,400
Zillow (ZHVI)
$312,945
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.6%
Owner-Occupied
34.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$832/mo
Affordability & Housing Stock
Rent Burden
26.6%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
65.6%
Complete Housing Data
Home Values
| Census Median Value | $190,400 |
| Zillow Home Value (ZHVI) | $312,945 |
Rent
| Census Median Rent | $832 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
Ownership & Stock
| Owner-Occupied | 65.6% |
| Renter-Occupied | 34.4% |
| Homeownership Rate | 65.6% |
| Total Housing Units | 549 |
| Median Year Built | 1958 |
| Rent Burden | 26.6% |