2026 Compare Cities Housing:
Memphis, TN vs Homestead, FL

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Highlights
- The median age of a home in Memphis is 61.5% older than the median age of a home in Homestead.
 Memphis, TNHomestead, FLUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$410,900$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$8.9$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock6.1%11.2%
 Homes Rented45.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Memphis, TNHomestead, FLUnited States
 Average Rent  Unlock$2,190$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,350$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,220$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
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 Vacant Housing
 Memphis, TNHomestead, FLUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other8.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Memphis, TNHomestead, FLUnited States
 Less Than $20,000  Unlock2.5%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock2.2%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock2.0%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock15.5%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock26.3%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock1.1%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
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 Housing Units By Year Built
 Memphis, TNHomestead, FLUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock44.5%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock14.6%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock6.8%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock5.9%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock1.3%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 6 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 Homestead    20 Reviews

I've lived in Homestead for about 12 years, and I can't wait to leave. It's a city full of poor people who can't afford to live in Miami by any stretch of the  More

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Over 8 years ago

It stinks with smelty Smokey air most evenings right in the heart of town. ATC’s run rampant. Police do nothing. Code enforcement is a laughable joke in most cases. You  More

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Over 8 years ago

My family has lived in Homestead for 4 years. Whatever you do make sure the area you rent/purchase is not within the limits of City of Homestead. Our electric bill is 4  More

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