2025 Compare Cities Housing:
Memphis, TN vs Lima, OH

Change Cities
Highlights
- The median age of a home in Memphis is 32.7% younger than the median age of a home in Lima.
 Memphis, TNLima, OHUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$121,700$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock48.3%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$13.6$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock12.6%11.2%
 Homes Rented45.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Memphis, TNLima, OHUnited States
 Average Rent  Unlock$1,050$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$660$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,060$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
 space1
 Vacant Housing
 Memphis, TNLima, OHUnited States
 Vacant For Rent  Unlock2.6%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.1%3.6%
 Vacant Other8.1%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Memphis, TNLima, OHUnited States
 Less Than $20,000  Unlock4.1%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock16.7%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock15.3%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock6.6%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock0.7%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock0.2%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%
 space3
 Housing Units By Year Built
 Memphis, TNLima, OHUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock3.1%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock3.1%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock11.5%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock15.4%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock36.4%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 Lima    7 Reviews

Over 14 years ago

This is the most depressed city I have ever been in. It is a ghetto town and is very sad. The mall has nothing to offer and many retailers have moved out. Their style  More

   |    Reply

Over 16 years ago

Want to know what the best thing is about Lima? Nothing! Most places have at least a few things that make them unique and appealing. Not Lima; as a matter of fact, I am  More

   |    Reply

Over 17 years ago

I grew up around Dayton/ Lima area. We are seriously thinking of moving someplace warmer - south east. We have lived here because this is where our family if from. We  More

   |    Reply

Start Your Review of Lima


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.