2025 Compare Cities Housing:
Memphis, TN vs Lakeland, FL

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Highlights
- The median age of a home in Memphis is 23.1% older than the median age of a home in Lakeland.
 Memphis, TNLakeland, FLUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$282,500$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock95.2%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$7.6$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock15.9%11.2%
 Homes Rented45.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Memphis, TNLakeland, FLUnited States
 Average Rent  Unlock$1,660$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,000$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,680$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
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 Vacant Housing
 Memphis, TNLakeland, FLUnited States
 Vacant For Rent  Unlock2.7%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock7.7%3.6%
 Vacant Other8.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Memphis, TNLakeland, FLUnited States
 Less Than $20,000  Unlock9.6%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock3.9%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock5.0%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock21.1%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock7.0%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock2.4%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%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, TNLakeland, FLUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock15.1%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock13.0%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock18.3%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock9.3%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock6.5%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 Lakeland    27 Reviews

Over 4 years ago

I used to live in Lakeland, It is hot, humid, crowded and getting more crowded, Most of the people are rude and unfriendly. I was born in the area and visit sometimes to  More

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Over 4 years ago

been there a few times i love it and i a m planning to ove this  More

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Over 7 years ago

Perhas if one is from this area, it is different I don't know. It is so dull and seems comfortable being so. There isn't much of a variety of people here, which I   More

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