Home / Select Cities  /  2024 Comparing Memphis, TN vs. Durham, NC

2024 Compare Cities Housing:
Memphis, TN vs Durham, NC

Change Cities
Highlights
- The median age of a home in Memphis is 42.3% older than the median age of a home in Durham.

Housing
 Memphis, TNDurham, NCUnited States
 Median Home Age523042
 Median Home Cost$148,300$388,000$338,100
 Home Appr. Last 12 months15.5%23.9%16.6%
 Home Appr. Last 5 yrs.61.3%81.0%57.0%
 Home Appr. Last 10 yrs.97.4%144.0%101.1%
 Property Tax Rate$14.8$10.7$11.0
 Homes Owned40.2%48.4%57.4%
 Housing Vacant14.0%6.7%11.2%
 Homes Rented45.8%44.9%31.4%
 space
 Avg Rent For Home Or Apartment
 Memphis, TNDurham, NCUnited States
 Average Rent$1,380$1,650$1,840
 Studio Apartment$820$1,130$1,080
 1 Bedroom Home or Apartment$920$1,140$1,180
 2 Bedroom Home or Apartment$1,060$1,320$1,430
 3 Bedroom Home or Apartment$1,400$1,670$1,860
 4 Bedroom Home or Apartment$1,620$2,040$2,160
 space1
 Vacant Housing
 Memphis, TNDurham, NCUnited States
 Vacant For Rent4.0%2.7%1.9%
 Vacant Rented0.9%0.6%0.4%
 Vacant For Sale0.4%0.3%0.7%
 Vacant Sold0.2%0.2%0.4%
 Vacant Vacation0.3%0.5%3.6%
 Vacant Other8.1%2.4%4.1%
 space2
 Owner-Occupied Housing Value
 Memphis, TNDurham, NCUnited States
 Less Than $20,0002.9%0.9%2.6%
 $20,000 to $39,9995.2%0.6%2.4%
 $40,000 to $59,99910.3%0.3%2.8%
 $60,000 to $79,99914.3%1.4%3.9%
 $80,000 to $99,99912.3%1.9%4.5%
 $100,000 to $149,99916.3%8.7%11.3%
 $150,000 to $199,99911.9%16.0%13.0%
 $200,000 to $299,99912.7%31.4%20.1%
 $300,000 to $399,9995.6%20.4%13.6%
 $400,000 to $499,9993.1%8.2%8.3%
 $500,000 to $749,9992.7%7.5%9.7%
 $750,000 to $999,9991.4%1.5%3.9%
 $1,000,000 to $1,499,9990.8%0.8%2.2%
 $1,500,000 to $1,999,9990.2%0.2%0.8%
 $2,000,000 and over0.3%0.1%1.1%
 space3
 Housing Units By Year Built
 Memphis, TNDurham, NCUnited States
 2015 and Newer0.1%0.4%0.2%
 2010 to 20146.3%17.9%13.6%
 2000 to 20096.3%17.9%13.6%
 1990 to 19999.5%16.6%13.6%
 1980 to 198912.2%14.6%13.2%
 1970 to 197917.9%10.4%14.8%
 1960 to 19699.5%16.6%13.6%
 1950 to 195920.0%5.7%10.0%
 1940 to 19498.8%3.3%4.7%
 1939 or Earlier7.7%5.9%12.2%

View More Data >

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Memphis

Reviews for Durham    43 Reviews

I was raised in this city, left for work in the 2010s, and returned in 2018. This city has changed a lot over the years for the better. Growing up there was not a ton to  More

   |    Reply

Over 3 years ago

I've lived in durham for a few years and my experience is coming from someone who has traveled all over the world and has lived in many different states. First things  More

   |    Reply

Over 3 years ago

I live here for my entire life and it has never gotten boring, I love the scenery, nightlife and basically everything here. There is always something new to do and  More

   |    Reply

Start Your Review of Durham

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Memphis, Tennessee Cost of Living vs Durham, North Carolina Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total
ZIPS IN DURHAM, NORTH CAROLINA
27713 27707 27703 27705 27704 27701 27712 27503 27709

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now