Housing & Real Estate — Memphis, Florida

Overview

Total Housing Units4,028
Occupied3,352
Vacant676
Owner-Occupied2,419
Renter-Occupied933
Median Home Value (Census)$313,800
Estimated 2026~$371,000
Median Rent$1,155/mo
Median Property Tax$1,839/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income18.5%
Severely Rent-Burdened57.1%

Housing Age

Built 2010 or later487
Built 2000-2009857
Built 1990-1999568
Built before 1960424
Median Year Built1988
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.