Memphis, TN-MS-AR

Memphis, TN-MS-AR real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 2.8%/yr.

Rent growth

: 3.1%/yr.

Median cap rate

: 4.7%.

Median IRR

: 5.9%.

Median rental home value

: $166,300.

Median rental rate

: $1,220/mo.

Median property tax

: $1,877/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Memphis, TN-MS-AR →

Top listings right now

838 Crockett St, Memphis, TN 38107 $104,900· 4 bd· 2 ba
1343 Joe Joyner Rd, Munford, TN 38058 $129,900· 4 bd· 2.5 ba
6751 Navy Rd, Millington, TN 38053 $125,000· 4 bd· 2 ba
24 Bruins Rd, Hughes, AR $125,000· 3 bd· 2 ba
994 N 7th St, Memphis, TN 38107 $129,900· 3 bd· 1 ba
2043 Lamar Ave, Memphis, TN 38114 $139,900· 4 bd· 2 ba
865 N Belvedere Blvd, Memphis, TN 38107 $145,000· 5 bd· 1.5 ba
3440 Powell Ave, Memphis, TN 38122 $110,000· 3 bd· 2 ba
4534 Charleston Mason Rd, Mason, TN 38049 $165,000· 3 bd· 1 ba
23 Mink Cv, Mason, TN 38049 $199,900· 3 bd· 2 ba
2166 Thomas Rd, Memphis, TN 38134 $120,000· 4 bd· 2 ba
1694 Walker Ave, Memphis, TN 38114 $129,900· 5 bd· 2 ba
950 Cherry Rd, Eads, TN 38028 $449,000· 3 bd· 2.5 ba
1817 Baldwin Ave, Memphis, TN 38127 $110,000· 4 bd· 2 ba
351 Redwood Cv, Marion, AR 72364 $109,900· 3 bd· 1.5 ba
3696 Councils Ford Cv, Hernando, MS 38632 $219,000· 3 bd· 1 ba
4158 Highgate Dr, Horn Lake, MS 38637 $140,000· 3 bd· 2 ba
606 W Barton Ave, West Memphis, AR 72301 $110,000· 3 bd· 1.5 ba
159 Croft Rd, Byhalia, MS 38611 $125,000· 3 bd· 2 ba
503 N 27th St, West Memphis, AR 72301 $109,900· 3 bd· 1 ba

ZIP codes in Memphis, TN-MS-AR

Rental market data for every ZIP code in this metro area.