2025 Compare Cities Housing:
Memphis, TN vs Lake Orion, MI

Change Cities
Highlights
- The median age of a home in Memphis is 23.1% younger than the median age of a home in Lake Orion.
 Memphis, TNLake Orion, MIUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$369,400$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.5%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$17.2$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock13.2%11.2%
 Homes Rented45.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Memphis, TNLake Orion, MIUnited States
 Average Rent  Unlock$1,450$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$930$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,470$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
 space1
 Vacant Housing
 Memphis, TNLake Orion, MIUnited States
 Vacant For Rent  Unlock5.5%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock2.1%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock2.8%3.6%
 Vacant Other8.1%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Memphis, TNLake Orion, MIUnited States
 Less Than $20,000  Unlock0.0%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  Unlock1.0%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock15.4%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock10.2%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock23.4%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock1.7%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Memphis, TNLake Orion, MIUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock14.5%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock12.2%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock12.2%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock7.1%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock34.9%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

   |    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

Reviews for Lake Orion    3 Reviews

Over 13 years ago

Lake Orion, like many Michigan cities has a lot of beauty to it, obviously including the lakes, which there are several big and many small. I grew up here and if I  More

   |    Reply

We moved here from Ky 2 years ago. I absolutely love it, and outside of a job transfer, will never leave. The schools are exceptional, some of the highest test scores in  More

   |    Reply

Over 18 years ago

We moved to Lake Orion three years ago from California and have been really pleased with this area. The people are very friendly and have embraced us well. Lake Orion is  More

   |    Reply

Start Your Review of Lake Orion


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.