Memphis vs Murfreesboro: Housing
| Memphis | Murfreesboro | |
|---|---|---|
| Median Home Value | $169,000 | $402,100 |
| Median Gross Rent | $1,181/mo | $1,481/mo |
| Homeownership Rate | 44.9% | 52.4% |
| Rent as Share of Income | 27.4% | 22.2% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.