Best In Tennessee Real Estate™: Memphis
2026-11-09
Germantown leads Tennessee in large apartment share—6.3% of homes are in 50-unit buildings or larger, according to ALEX Intelligence’s latest data. This isn’t just about density; it’s a sign of a workforce-driven housing shift. As industrial expansion accelerates in Shelby and Madison counties, rental housing is becoming the default for new residents. The implications for long-term equity, community stability, and future development patterns are significant. This data comes directly from ALEX Intelligence’s proprietary analysis of the U.S. Census Bureau’s 2024 American Community Survey. https://alex-companies.com/data/2026-11-09-memphis-apartment-share-place-mkt
Share of Homes in 50-Unit Buildings or Larger, top 10 (ALEX Intelligence — U.S. Census Bureau 2024)
#1 Germantown — 6.3%
#2 Memphis — 6.3%
#3 Collierville — 2.5%
#4 Bartlett — 1.7%
#5 Millington — 1.4%
#6 Arlington — 0.8%
#7 Atoka — 0.5%
#8 Covington — 0.2%
#9 Lakeland — 0.0%
#10 Munford — 0.0%
Photos via Wikimedia Commons: Slide 1: NOAA NSSL (CC BY 2.0) https://commons.wikimedia.org/?curid=130977057; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162752500; Slide 3: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754936; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754821
Source: https://alex-companies.com/data/2026-11-09-memphis-apartment-share-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



