Best In Tennessee Real Estate™: Memphis

Arlington leads Tennessee in median monthly owner cost at $2,120—just ahead of Collierville and Germantown—according to ALEX Intelligence’s 2026 ranking. Meanwhile, Memphis remains the most affordable city in the metro at $1,023. This isn’t just a price gap—it’s a structural divide in how homeownership is priced across the region. The data reveals that affordability isn’t distributed evenly, but concentrated in specific corridors. For investors and homebuyers, this means location is not just about proximity, but about cost architecture. The same source: https://alex-companies.com/data/2026-11-08-memphis-owner-cost-place-mkt Median Monthly Owner Cost, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Arlington — $2,120 #2 Collierville — $2,110 #3 Germantown — $2,075 #4 Lakeland — $1,821 #5 Atoka — $1,501 #6 Munford — $1,449 #7 Bartlett — $1,446 #8 Oakland — $1,402 #9 Memphis — $1,023 #10 Millington — $877 Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754942; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754216; Slide 3: Warren LeMay (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=148089620; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162753283 Source: https://alex-companies.com/data/2026-11-08-memphis-owner-cost-place-mkt View and join any or all of our communities — AI, quantum, and real estate: https://alex-companies.com/reports/linkedin-groups If there's an AI, quantum, or real estate community you'd like to see us convene, tell us — this portfolio grows by request. 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
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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
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