2025 Compare Cities Housing:
Silver Spring, MD vs Memphis, TN

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Highlights
- The median age of a home in Silver Spring is 8.8% older than the median age of a home in Memphis.
 Silver Spring, MDMemphis, TNUnited States
 Median Home Age57  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months9.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.59.3%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned36.1%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented59.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Silver Spring, MDMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$1,690  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$1,960  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$2,920  Unlock$2,160
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 Vacant Housing
 Silver Spring, MDMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other1.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Silver Spring, MDMemphis, TNUnited States
 Less Than $20,000  Unlock2.9%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock10.3%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,9992.1%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,9996.8%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,99917.5%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,99914.2%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%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
 Silver Spring, MDMemphis, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20096.8%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 19895.6%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 19696.6%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 194913.6%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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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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