Home / Select Cities  /  2024 Comparing Portland, ME vs. Memphis, TN

2024 Compare Cities Housing:
Portland, ME vs Memphis, TN

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Highlights
- The median age of a home in Portland is 32.5% older than the median age of a home in Memphis.

Housing
 Portland, MEMemphis, TNUnited States
 Median Home Age775242
 Median Home Cost$451,100$148,300$338,100
 Home Appr. Last 12 months19.3%15.5%16.6%
 Home Appr. Last 5 yrs.74.4%61.3%57.0%
 Home Appr. Last 10 yrs.121.4%97.4%101.1%
 Property Tax Rate$14.4$14.8$11.0
 Homes Owned41.9%40.2%57.4%
 Housing Vacant10.3%14.0%11.2%
 Homes Rented47.8%45.8%31.4%
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 Avg Rent For Home Or Apartment
 Portland, MEMemphis, TNUnited States
 Average Rent$2,400$1,380$1,840
 Studio Apartment$1,300$820$1,080
 1 Bedroom Home or Apartment$1,490$920$1,180
 2 Bedroom Home or Apartment$1,930$1,060$1,430
 3 Bedroom Home or Apartment$2,430$1,400$1,860
 4 Bedroom Home or Apartment$2,770$1,620$2,160
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 Vacant Housing
 Portland, MEMemphis, TNUnited States
 Vacant For Rent2.2%4.0%1.9%
 Vacant Rented0.6%0.9%0.4%
 Vacant For Sale0.2%0.4%0.7%
 Vacant Sold0.0%0.2%0.4%
 Vacant Vacation4.6%0.3%3.6%
 Vacant Other2.7%8.1%4.1%
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 Owner-Occupied Housing Value
 Portland, MEMemphis, TNUnited States
 Less Than $20,0001.1%2.9%2.6%
 $20,000 to $39,9990.5%5.2%2.4%
 $40,000 to $59,9990.3%10.3%2.8%
 $60,000 to $79,9990.2%14.3%3.9%
 $80,000 to $99,9990.4%12.3%4.5%
 $100,000 to $149,9991.3%16.3%11.3%
 $150,000 to $199,9996.3%11.9%13.0%
 $200,000 to $299,99930.2%12.7%20.1%
 $300,000 to $399,99923.3%5.6%13.6%
 $400,000 to $499,99916.1%3.1%8.3%
 $500,000 to $749,99912.8%2.7%9.7%
 $750,000 to $999,9994.9%1.4%3.9%
 $1,000,000 to $1,499,9991.6%0.8%2.2%
 $1,500,000 to $1,999,9990.3%0.2%0.8%
 $2,000,000 and over0.7%0.3%1.1%
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 Housing Units By Year Built
 Portland, MEMemphis, TNUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20145.3%6.3%13.6%
 2000 to 20095.3%6.3%13.6%
 1990 to 19994.5%9.5%13.6%
 1980 to 19899.0%12.2%13.2%
 1970 to 19799.6%17.9%14.8%
 1960 to 19694.5%9.5%13.6%
 1950 to 19597.6%20.0%10.0%
 1940 to 19496.1%8.8%4.7%
 1939 or Earlier47.4%7.7%12.2%

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Reviews for Portland    35 Reviews

Used to be great before the pandemic. Now people from out of state have ruined it by paying New York prices for real estate site unseen. Why would you live in Maine when  More

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Over 3 years ago

I have never lived here but the lack of Jimmy John’s is depressing and makes me wish I was deceased.  More

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Reggie · 
Over 6 years ago

I found out I was allergic to corn on the cob here. I would give Portland twelve thumbs downs if I could. My friend told me there was a subway here and I thought he  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 PORTLAND, MAINE
04103 04102 04101 04108 04109 04019
ZIPS IN MEMPHIS, TENNESSEE
38016, 38128, 38127, 38134, 38109, 38111, 38115, 38116, 38118, 38018, 30 total

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