Housing mix
Memphis, TN housing supply, ownership, and rent
What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Memphis, TN.
Source: U.S. Census Bureau
Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.
The published evidence provides the starting point: Memphis, TN's current ACS housing baseline includes 289,887 total housing units, 253,120 occupied units, and 36,767 vacant units. Those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 36,767 homes were listed for sale or available to rent at one moment. For borrower planning, reading 289,887 total units with 253,120 occupied and 36,767 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.
Memphis, TN's ACS median gross rent is $1,181, while renter-occupied units account for 55.1% of occupied housing and owner-occupied units account for 44.9%.