Memphis vs Chattanooga: Housing
| Memphis | Chattanooga | |
|---|---|---|
| Median Home Value | $169,000 | $283,200 |
| Median Gross Rent | $1,181/mo | $1,256/mo |
| Homeownership Rate | 44.9% | 52.4% |
| Rent as Share of Income | 27.4% | 23.4% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.