Home / Select Cities  /  2024 Comparing Fort Wayne, IN vs. Memphis, TN

2024 Compare Cities Housing:
Fort Wayne, IN vs Memphis, TN

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Highlights
- The median age of a home in Fort Wayne is 4.0% younger than the median age of a home in Memphis.

Housing
 Fort Wayne, INMemphis, TNUnited States
 Median Home Age505242
 Median Home Cost$196,900$148,300$338,100
 Home Appr. Last 12 months15.7%15.5%16.6%
 Home Appr. Last 5 yrs.70.1%61.3%57.0%
 Home Appr. Last 10 yrs.101.7%97.4%101.1%
 Property Tax Rate$9.3$14.8$11.0
 Homes Owned57.5%40.2%57.4%
 Housing Vacant8.0%14.0%11.2%
 Homes Rented34.5%45.8%31.4%
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 Avg Rent For Home Or Apartment
 Fort Wayne, INMemphis, TNUnited States
 Average Rent$1,200$1,380$1,840
 Studio Apartment$690$820$1,080
 1 Bedroom Home or Apartment$780$920$1,180
 2 Bedroom Home or Apartment$960$1,060$1,430
 3 Bedroom Home or Apartment$1,220$1,400$1,860
 4 Bedroom Home or Apartment$1,330$1,620$2,160
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 Vacant Housing
 Fort Wayne, INMemphis, TNUnited States
 Vacant For Rent2.5%4.0%1.9%
 Vacant Rented0.6%0.9%0.4%
 Vacant For Sale0.6%0.4%0.7%
 Vacant Sold0.5%0.2%0.4%
 Vacant Vacation0.2%0.3%3.6%
 Vacant Other3.6%8.1%4.1%
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 Owner-Occupied Housing Value
 Fort Wayne, INMemphis, TNUnited States
 Less Than $20,0003.1%2.9%2.6%
 $20,000 to $39,9993.4%5.2%2.4%
 $40,000 to $59,9996.0%10.3%2.8%
 $60,000 to $79,9998.5%14.3%3.9%
 $80,000 to $99,99911.7%12.3%4.5%
 $100,000 to $149,99927.3%16.3%11.3%
 $150,000 to $199,99919.2%11.9%13.0%
 $200,000 to $299,99914.2%12.7%20.1%
 $300,000 to $399,9994.0%5.6%13.6%
 $400,000 to $499,9991.2%3.1%8.3%
 $500,000 to $749,9990.8%2.7%9.7%
 $750,000 to $999,9990.3%1.4%3.9%
 $1,000,000 to $1,499,9990.1%0.8%2.2%
 $1,500,000 to $1,999,9990.0%0.2%0.8%
 $2,000,000 and over0.1%0.3%1.1%
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 Housing Units By Year Built
 Fort Wayne, INMemphis, TNUnited States
 2015 and Newer0.1%0.1%0.2%
 2010 to 20146.7%6.3%13.6%
 2000 to 20096.7%6.3%13.6%
 1990 to 199913.6%9.5%13.6%
 1980 to 198911.5%12.2%13.2%
 1970 to 197917.5%17.9%14.8%
 1960 to 196913.6%9.5%13.6%
 1950 to 195912.8%20.0%10.0%
 1940 to 19496.5%8.8%4.7%
 1939 or Earlier14.2%7.7%12.2%

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Reviews for Fort Wayne    43 Reviews

Over 1 years ago

Fort Wayne is what America used to be. Hardworking, unpretentious, welcoming. There are problems, like anywhere, including crime on the east side, but nothing like  More

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Over 5 years ago

Moved here from Buffalo, NY. Ft Wayne is a big city with lots of greenery and things to do. It is not congested and cost of living is cheap. One complain-drivers with  More

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I lived in Fort Wayne from 1962 until 1988 then moved north. Fort Wayne was a nice city at one time. It's sad to say, but today, it's become to highly populated with  More

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 4 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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ZIPS IN FORT WAYNE, INDIANA
46825, 46804, 46815, 46806, 46805, 46818, 46808, 46816, 46807, 46802, 11 total
ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total

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