2025 Compare Cities Housing:
Memphis, TN vs Rio Rancho, NM

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Highlights
- The median age of a home in Memphis is 53.8% older than the median age of a home in Rio Rancho.
 Memphis, TNRio Rancho, NMUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$310,800$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock57.7%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  Unlock4.1%11.2%
 Homes Rented45.8%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Memphis, TNRio Rancho, NMUnited States
 Average Rent  Unlock$1,990$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,020$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
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 Vacant Housing
 Memphis, TNRio Rancho, NMUnited States
 Vacant For Rent  Unlock1.6%1.9%
 Vacant Rented0.9%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.2%  Unlock0.4%
 Vacant Vacation  Unlock0.6%3.6%
 Vacant Other8.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Memphis, TNRio Rancho, NMUnited States
 Less Than $20,000  Unlock1.1%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock0.3%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock1.5%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock26.5%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock12.0%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock2.5%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Memphis, TNRio Rancho, NMUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock31.3%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock23.8%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock9.7%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock1.0%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock0.1%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 Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 5 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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