Best In Tennessee Real Estate™: Memphis
2026-11-15
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
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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



