Where the Memphis market's apartment stock is actually concentrated

the Memphis market · Data as of 2026-09-29 · ALEX Intelligence

42.2% Share of the Market's Large Apartment Stock in Its Top Three Zip Codes — ZIP 38103, ZIP 38104, ZIP 38111

#	Zip Code	Homes in 50-Unit Buildings or Larger
1	ZIP 38103	3,222
2	ZIP 38104	3,135
3	ZIP 38111	2,471
4	ZIP 38115	1,518
5	ZIP 38105	1,218
6	ZIP 38138	1,167
7	ZIP 38134	637
8	ZIP 38112	536
9	ZIP 38118	521
10	ZIP 38125	521

Methodology

Source:: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024
Measure: Homes in 50-Unit Buildings or Larger, ranked highest first across ZIP codes in Fayette, Shelby, Tipton, TN (43 ranked in total).
How the headline figure is computed: The top three units' combined count divided by the combined count of all 43 ranked units.
Universe: Places below a 5,000-resident floor are excluded so a median computed on a handful of households cannot top the ranking.
Vintage: 2024
Reproduce this query: https://api.census.gov/data/2024/acs/acs5?get=NAME%2CB01003_001E%2CB01002_001E%2CB19013_001E%2CB25077_001E%2CB25064_001E%2CB25003_001E%2CB25003_002E%2CB25002_001E%2CB25002_003E%2CB25035_001E%2CB25010_001E%2CB25070_001E%2CB25070_007E%2CB25070_008E%2CB25070_009E%2CB25070_010E%2CB25075_001E%2CB25075_024E%2CB25075_025E%2CB25075_026E%2CB25081_001E%2CB25081_009E%2CB01001_020E%2CB01001_021E%2CB01001_022E%2CB01001_023E%2CB01001_024E%2CB01001_025E%2CB01001_044E%2CB01001_045E%2CB01001_046E%2CB01001_047E%2CB01001_048E%2CB01001_049E&for=zip%20code%20tabulation%20area%3A%2A&key=YOUR_CENSUS_KEY

Every figure on this page is computed directly from the dataset named above by ALEX Intelligence. No figure on this page was written by hand or by a language model. The query is stated so that anyone can re-run it and obtain the same table.

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