South · Population 630K+

Real Estate Investing in Memphis, TN

Memphis offers some of the highest cap rates in the country with very affordable entry points. The city has a large Section 8 housing program and a strong logistics industry anchored by FedEx headquarters.

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Median Price
$210K-$280K
Avg Rent
$1,200-$1,650
Cap Rate
3-6%
Price/Rent
12-16

Why Invest in Memphis?

  • 1
    No state income tax
  • 2
    Affordable entry prices
  • 3
    Large Section 8 market
  • 4
    FedEx and logistics hub

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Search any address in Memphis, TN and get instant cap rate, cash flow, and ROI calculations.

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Frequently Asked Questions

Is Memphis, TN a good place to invest in rental property?

Memphis offers cap rates in the 3-6% range with median home prices of $210K-$280K and average rents of $1,200-$1,650. No state income tax and affordable entry prices make it attractive for investors. Use PropertyDNA to analyze specific properties and run the numbers.

What is the average rent in Memphis, TN?

Average rents in Memphis typically range from $1,200-$1,650 depending on the property type, size, location, and condition. The price-to-rent ratio is approximately 12-16, which helps determine cash flow potential.

What cap rate can I expect in Memphis?

Cap rates in Memphis generally range from 3-6% depending on the neighborhood, property type, and condition. Higher cap rates are typically found in Class B and C neighborhoods, while lower cap rates are in premium areas with stronger appreciation.

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