Best In Tennessee Real Estate™: Memphis

Memphis leads Tennessee in rent-to-income pressure, with renters spending 27.4% of their income on housing—a critical signal beneath the city’s broader affordability profile. This data, from ALEX Intelligence’s November 15, 2026 report, highlights a growing disconnect between job growth and housing affordability. While Memphis remains below national home prices, rent burdens are escalating, particularly in high-demand areas. This pressure may soon impact workforce retention and urban mobility. This report is based on the ALEX Intelligence 2026-11-15 Memphis Rent-to-Income Place Mkt data: https://alex-companies.com/data/2026-11-15-memphis-rent-to-income-place-mkt Annual Rent Against Local Pay, top 10 (ALEX Intelligence — U.S. Census Bureau 2024) #1 Memphis — 27.4% #2 Millington — 26.7% #3 Covington — 26.5% #4 Oakland — 24.4% #5 Bartlett — 19.3% #6 Arlington — 19.2% #7 Lakeland — 18.1% #8 Atoka — 16.6% #9 Munford — 15.8% #10 Collierville — 14.6% Photos via Wikimedia Commons: Slide 1: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754239; Slide 2: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754276; Slide 3: zantastik (CC BY 3.0) https://commons.wikimedia.org/?curid=53745972; Slide 4: Warren LeMay from Chicago, IL, United States (CC BY-SA 2.0) https://commons.wikimedia.org/?curid=162754806 Source: https://alex-companies.com/data/2026-11-15-memphis-rent-to-income-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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