Metro area · CBSA 32820

Memphis

The Memphis, TN metro area has 1,341,924 people. Median rent is $1,220, 22.0% of median household income, and HUD puts the 2-bedroom fair market rent in Shelby County at $1,301. Of the 40 places we track here, Rossville has the lightest rent burden.

Median household income

$66,401

Median home value

$245,900

Unemployment

6.5%

2-bedroom fair market rent

$1,301

HUD, Shelby County

Places in this metro

Largest first. Rent to income is the median rent as a share of median household income.

Place	Population	Rent	Rent to income
Memphis	618,980	$1,181	27.4%
Bartlett	56,876	$1,638	19.3%
Southaven	56,226	$1,445	22.1%
Collierville	51,515	$1,691	14.6%
Olive Branch	47,019	$1,829	21.8%
Germantown	40,673	$1,816	14.5%
Horn Lake	26,647	$1,435	32.3%
West Memphis	23,929	$870	24.5%
Hernando	17,949	$1,302	20.3%
Arlington	15,205	$2,164	19.2%
Lakeland	14,192	$1,755	18.1%
Marion	13,623	$1,148	17.6%
Millington	11,289	$1,111	26.7%
Atoka	10,385	$1,237	16.6%
Oakland	9,979	$1,992	24.4%
Covington	8,587	$933	26.5%
Senatobia	8,380	$895	19.8%
Holly Springs	6,704	$773	20.4%
Munford	6,588	$1,176	15.8%
Somerville	3,466	$710	19.2%
Bridgetown	3,195	$1,451	12.5%
Brighton	2,889	$1,204	17.9%
Piperton	2,569	$1,083	10.0%
Tunica Resorts	2,281	$1,122	29.5%
Lynchburg	2,161	$1,915	26.9%
Byhalia	1,588	$868	27.1%
Earle	1,520	$583	21.7%
Walls	1,426	$1,200	24.4%
Coldwater	1,156	$951	25.9%
Rossville	1,142	$763	7.6%
Victoria	1,121	$868	14.8%
Mason	1,039	$1,316	33.0%
Tunica	838	$621	18.9%
Moscow	768	$794	18.6%
Ashland	657	$713	22.2%
Eudora	620	$1,451	19.5%
Gallaway	609	$455	18.1%
Lakeview	596	$835	11.7%
Hickory Flat	544	$733	25.3%
Gilt Edge	516	$1,000	15.6%

Nearby metro areas

Data as of 2026-11-14. How these figures are built.