Best In Tennessee Real Estate™: Memphis
2026-10-29
Lakeland has the highest rent burden in Tennessee’s Memphis metro — 52.6% of renters spend more than 30% of income on rent, according to ALEX Intelligence’s October 29, 2026 data report. This isn’t just about prices; it’s about the invisible cost of commuting, wage stagnation, and labor mobility in a growing region. While Memphis remains a job magnet, Lakeland’s housing strain signals a deeper imbalance. How are you factoring in labor economics when analyzing market risk? For context, see the full report: https://alex-companies.com/data/2026-10-29-memphis-rent-burden-place-mkt
Renters Over the 30% Rent Threshold, top 10 (ALEX Intelligence — U.S. Census Bureau 2024)
#1 Lakeland — 52.6%
#2 Memphis — 51.8%
#3 Oakland — 49.9%
#4 Munford — 48.5%
#5 Germantown — 48.2%
#6 Covington — 40.3%
#7 Bartlett — 39.3%
#8 Millington — 36.4%
#9 Collierville — 33.1%
#10 Arlington — 29.5%
Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754769; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162750925; Slide 3: Katien13 (CC BY-SA 4.0) https://commons.wikimedia.org/?curid=104593722; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754782
Source: https://alex-companies.com/data/2026-10-29-memphis-rent-burden-place-mkt
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Real Estate Strategy & Intelligence Leader. Democratized Blue Ocean Strategist & Operator.
Diane Hart Alexander, MBA, MHA
Chair & CEO, ALEX Companies
Designated Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574877-B · Broker License #565194-BB
[email protected] · +1 713.591.9902
Source data: Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024 · ALEX Intelligence computation
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov



