2025 Compare Cities Housing:
Madison, AL vs Memphis, TN

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Highlights
- The median age of a home in Madison is 126.1% younger than the median age of a home in Memphis.
 Madison, ALMemphis, TNUnited States
 Median Home Age23  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months23.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.85.8%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned71.8%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented25.2%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Madison, ALMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$880  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$1,240  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$1,940  Unlock$2,160
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 Vacant Housing
 Madison, ALMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other1.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Madison, ALMemphis, 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 $79,9990.2%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,9996.9%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,99929.4%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,99914.2%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,9991.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Madison, ALMemphis, TNUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 200926.3%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 198915.9%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 196925.9%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 19490.7%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Madison    11 Reviews

Over 1 years ago

My wife and I moved from Atlanta, GA area in 2016 when I retired. We have now lived in Huntsville for 4 years and now in Madison for almost 4 years. We were thinking  More

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Low crime. Traffic not too bad even during peak times. Covert classim and racism. A stick with our own mentality. Not very diverse primarily just blacks and whites.  More

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Madison is nice. The schools are excellent, which is why we chose to live here. The job market is good for anyone with an engineering degree or ex military, but for  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 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

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