2025 Compare Cities Housing:
Memphis, TN vs Ann Arbor, MI

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Highlights
- The median age of a home in Memphis is 3.8% older than the median age of a home in Ann Arbor.
 Memphis, TNAnn Arbor, MIUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$455,500$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock49.3%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$17.8$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock6.2%11.2%
 Homes Rented45.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Memphis, TNAnn Arbor, MIUnited States
 Average Rent  Unlock$1,950$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,360$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,980$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
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 Vacant Housing
 Memphis, TNAnn Arbor, MIUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock1.1%3.6%
 Vacant Other8.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Memphis, TNAnn Arbor, MIUnited States
 Less Than $20,000  Unlock0.7%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock6.4%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock24.6%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock14.9%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock2.5%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
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 Housing Units By Year Built
 Memphis, TNAnn Arbor, MIUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock5.8%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock11.7%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock16.9%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock11.1%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock15.0%12.2%
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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Reviews for Ann Arbor    49 Reviews

Over 8 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 10 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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