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

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Highlights
- The median age of a home in Memphis is 26.9% younger than the median age of a home in Toledo.
 Memphis, TNToledo, OHUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$101,400$338,100
 Home Appr. Last 12 months15.5%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock53.2%57.0%
 Home Appr. Last 10 yrs.97.4%  Unlock101.1%
 Property Tax Rate  Unlock$19.4$11.0
 Homes Owned40.2%  Unlock57.4%
 Housing Vacant  Unlock12.9%11.2%
 Homes Rented45.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Memphis, TNToledo, OHUnited States
 Average Rent  Unlock$1,160$1,840
 Studio Apartment$820  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$680$1,180
 2 Bedroom Home or Apartment$1,060  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,180$1,860
 4 Bedroom Home or Apartment$1,620  Unlock$2,160
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 Vacant Housing
 Memphis, TNToledo, 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  Unlock0.3%3.6%
 Vacant Other8.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Memphis, TNToledo, OHUnited States
 Less Than $20,000  Unlock7.6%2.6%
 $20,000 to $39,9995.2%  Unlock2.4%
 $40,000 to $59,999  Unlock11.4%2.8%
 $60,000 to $79,99914.3%  Unlock3.9%
 $80,000 to $99,999  Unlock14.2%4.5%
 $100,000 to $149,99916.3%  Unlock11.3%
 $150,000 to $199,999  Unlock11.2%13.0%
 $200,000 to $299,99912.7%  Unlock20.1%
 $300,000 to $399,999  Unlock1.1%13.6%
 $400,000 to $499,9993.1%  Unlock8.3%
 $500,000 to $749,999  Unlock0.3%9.7%
 $750,000 to $999,9991.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%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, TNToledo, OHUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock2.9%13.6%
 2000 to 20096.3%  Unlock13.6%
 1990 to 1999  Unlock5.1%13.6%
 1980 to 198912.2%  Unlock13.2%
 1970 to 1979  Unlock12.7%14.8%
 1960 to 19699.5%  Unlock13.6%
 1950 to 1959  Unlock18.2%10.0%
 1940 to 19498.8%  Unlock4.7%
 1939 or Earlier  Unlock32.5%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 Toledo    50 Reviews

Over 4 years ago

I am a renter and the people are cold and disrespectful to you when you are disabled and single. They want to tell you want to do.They want you to make friends when the  More

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Perfect for parents with older children. We moved to Toledo, OH from Madison, WI months before the COVID quarantine in 2020. We cross-compared possible living areas in  More

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Toledoly Terrible! People are aggressive and understanding, after you are nice enough to them for way too long. The city looks like the bad parts of Detroit but does  More

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