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Memphis, MO

Full City Profile · Missouri

3.0 /5.0
B Good
1,860 Population 1,192/sq mi density
$49,598 Median Income $24,648 per capita
$117,200 Home Value $111,226 Zillow
$491 Median Rent 20.0% income on rent
52°F Avg Temperature 269 sunny days/yr
54 Violent Crime/100K 1,178 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$49,598 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$117,200 home value, $491/mo rent
F
Safety
1.0 / 5.0
54 violent crimes/100K
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher

Housing Overview

Median Home Value
$117,200
58% below
US avg: $281,900
Median Rent
$491/mo
58% below
US avg: $1,163/mo
Homeownership Rate
71.8%
10% above US avg (65.4%)
Total Housing Units
911
Median year built: 1963

Home Value by Source

Census Median
$117,200
Zillow (ZHVI)
$111,226
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.8%
Owner-Occupied
28.2%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$732/mo
1 Bedroom
$775/mo
2 Bedroom
$970/mo
3 Bedroom
$1,265/mo
4 Bedroom
$1,457/mo
Census median rent: $491/mo

Affordability & Housing Stock

Rent Burden
20.0%
of renters spending 30%+ of income on housing
35% below US avg (31.0%)
Median Year Built
1963
Average age of housing stock: 63 years
Homeownership Rate
71.8%

Complete Housing Data

Home Values

Census Median Value$117,200
Zillow Home Value (ZHVI)$111,226

Rent

Census Median Rent$491
FMR Studio$732
FMR 1-Bedroom$775
FMR 2-Bedroom$970
FMR 3-Bedroom$1,265
FMR 4-Bedroom$1,457

Market

Ownership & Stock

Owner-Occupied71.8%
Renter-Occupied28.2%
Homeownership Rate71.8%
Total Housing Units911
Median Year Built1963
Rent Burden20.0%