2025 Compare Cities Housing:
Boone, NC vs Memphis, TN

Change Cities
Highlights
- The median age of a home in Boone is 44.4% younger than the median age of a home in Memphis.
 Boone, NCMemphis, TNUnited States
 Median Home Age36  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months24.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.92.8%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned20.0%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented65.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Boone, NCMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$560  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$810  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$1,270  Unlock$2,160
 space1
 Vacant Housing
 Boone, NCMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented6.6%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other2.9%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Boone, NCMemphis, TNUnited States
 Less Than $20,000  Unlock2.9%2.6%
 $20,000 to $39,9991.0%  Unlock2.4%
 $40,000 to $59,999  Unlock10.3%2.8%
 $60,000 to $79,9991.6%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,9995.1%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,99943.0%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,9998.4%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,9991.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
 space3
 Housing Units By Year Built
 Boone, NCMemphis, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 200913.2%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 198919.9%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 196913.8%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 19490.7%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Boone    15 Reviews

Not sure where they got the rents from. Maybe not updated as there is nowhere to rent in Boone. Unless a student and they are paying $1000+ for 1 bedroom/bath shared  More

   |    Reply

Over 11 years ago

Boone and the High Country's climate is unique to North Carolina and the Southeast. It's cool summers and snowy winters are much more comparable to places much farther  More

   |    Reply

The area is beautiful - living in the Blue Ridge Mountains is gorgeous. But .. the views don't pay the bills. Housing is overpriced. You are better off living  More

   |    Reply

Start Your Review of Boone

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 5 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


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.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.