Housing & Real Estate — Memphis, Indiana

Overview

Total Housing Units376
Occupied376
Vacant0
Owner-Occupied332
Renter-Occupied44
Median Home Value (Census)$235,900
Estimated 2026~$241,000
Median Rent$1,173/mo
Median Property Tax$903/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income10.2%
Severely Rent-Burdened100.0%

Housing Age

Built 2010 or later255
Built 2000-200958
Built 1990-199925
Built before 19600
Median Year Built2011
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.