Memphis, TN, is a vibrant city known for its rich musical history and delicious barbecue. With its lively music scene and mouthwatering cuisine, Memphis draws residents looking for a city full of soul and flavor. Whether you’re a music lover, a foodie, or someone who appreciates the city’s unique culture, Memphis has something to offer everyone.
If you’re looking to live in the “Home of the Blues,” the median home sale price is $173,750, and the average rent in Memphis is $1,343. To help you find the right area to live, Redfin has gathered a list of 16 popular Memphis neighborhoods. From the historic neighborhoods of Binghampton and Central Gardens to the eclectic areas of Cooper-Young and South Main Arts District, there’s a neighborhood in Memphis to suit your lifestyle and make you feel right at home.
1. Binghampton
Binghampton is known for its vibrant community and rich history. The neighborhood is near several major attractions, including the Memphis Zoo and the Dixon Gallery and Gardens. Binghampton also boasts several parks, such as the East Park, which offers beautiful green spaces and recreational activities. This area offers a variety of housing types and architectural styles, from charming bungalows to modern townhouses.
Median Sale Price: $180,000
Average Rent for 1-Bedroom Apartment: $799 | Average Rent for 2-Bedroom Apartment: $725
Homes for Sale in Binghampton | Apartments for Rent in Binghampton
2. Central Gardens
In the Midtown area, you’ll find the charming Central Gardens neighborhood. It’s known for its beautiful tree-lined streets and historic homes. Additionally, the neighborhood is rich in history, with many historic places, such as the Crump Home, Ashlar Hall, and the Schwartz Haüs, showcasing the area’s past. The neighborhood’s homes are full of character and charm, from grand Victorian mansions to cozy Craftsman bungalows. The architectural styles range from classic Southern designs to elegant Colonial Revival structures, creating a unique atmosphere.
Median Sale Price: $350,000
Average Rent for 1-Bedroom Apartment: $1,125 | Average Rent for 2-Bedroom Apartment: $1,699
Homes for Sale in Central Gardens | Apartments for Rent in Central Gardens
3. Cooper-Young
Cooper-Young is an artsy neighborhood known for its eclectic mix of shops, restaurants, and entertainment venues. The neighborhood is home to several major attractions, including the Cooper-Young Historic District, listed on the National Register of Historic Places. Additionally, the neighborhood has a thriving arts scene, with many galleries and studios showcasing local talent on Cooper Street. Here, you can also find a variety of shops and local restaurants. Cooper-Young offers a variety of housing types, from charming cottages to modern lofts.
Median Sale Price: $291,000
Average Rent for 2-Bedroom Apartment: $1,295
Homes for Sale in Cooper-Young | Apartments for Rent in Cooper-Young
4. Cordova
Cordova is a suburban neighborhood located in East Memphis. The neighborhood has several major attractions, including the historic Cordova Train Station. Cordova also has several parks, such as the expansive Shelby Farms Park, where residents can find trails, lakefront dining, and special events. Additionally, the neighborhood has a thriving shopping and dining scene, with many options for residents to explore. Cordova offers a variety of single-family homes and modern townhouses,.
Median Sale Price: $305,000
Homes for Sale in Cordova | Apartments for Rent in Cordova
5. Downtown Memphis
Downtown Memphis has a vibrant atmosphere and rich history in the heart of the city. The neighborhood is home to several major attractions, including Beale Street, famous for its live music and entertainment venues. Downtown Memphis also offers several parks, such as Tom Lee Park, where residents can enjoy outdoor activities and riverfront views. Additionally, the neighborhood is rich in history, with many historic places, such as the Blues Hall of Fame Museum, the Memphis Rock ‘n’ Soul Museum, and the National Civil Rights Museum, showcasing the area’s past.
Downtown Memphis offers a variety of housing types and architectural styles. From modern high-rise condos to historic loft apartments, there is a range of options for residents in this neighborhood. The architectural styles range from sleek contemporary designs to beautifully restored historic buildings, creating a unique and vibrant atmosphere.
Median Sale Price: $272,000
Average Rent for 1-Bedroom Apartment: $1,185 | Average Rent for 2-Bedroom Apartment: $1,250
Homes for Sale in Downtown Memphis | Apartments for Rent in Downtown Memphis
6. East Memphis
East Memphis is a suburban neighborhood home to several major attractions. In the area, you can find the Memphis Botanic Gardens, the Memphis Museum of Science & History, the Children’s Museum of Memphis, and the Dixon Gallery and Gardens. East Memphis offers a variety of housing types and architectural styles like classic Colonial designs and contemporary structures.
Median Sale Price: $315,000
Average Rent for 1-Bedroom Apartment: $1,080 | Average Rent for 2-Bedroom Apartment: $960
Homes for Sale in East Memphis | Apartments for Rent in East Memphis
7. Frayser
Frayser is located in north Memphis and has a variety of attractions, parks, and historic places. Some major attractions in Frayser include the Ed Rice Community Park and Firestone Park, which features a lake and trails. Frayser offers traditional ranch-style homes, charming bungalows, and modern contemporary apartments.
Median Sale Price: $78,000
Average Rent for 1-Bedroom Apartment: $840 | Average Rent for 2-Bedroom Apartment: $850
Homes for Sale in Frayser | Apartments for Rent in Frayser
8. Harbor Town
Harbor Town is a charming neighborhood situated along the Mississippi River and the Wolf River Harbor. It offers beautiful waterfront views and a peaceful atmosphere. The neighborhood is known for its iconic attractions, such as the Mud Island River Park. While Harbor Town primarily consists of residential areas, it is near downtown Memphis, providing easy access to additional amenities and entertainment options.
Median Sale Price: $430,000
Homes for Sale in Harbor Town | Apartments for Rent in Harbor Town
9. Hickory Hill
Hickory Hill has a convenient location with easy access to major highways and shopping centers. While primarily a residential neighborhood, there are plenty of shopping centers and local restaurants to check out in this area. Hickory Hill offers diverse housing options, including single-family homes, townhouses, and apartments. The architectural styles in the neighborhood vary, with options ranging from traditional Southern designs to modern contemporary structures.
Median Sale Price: $156,950
Average Rent for 1-Bedroom Apartment: $897 | Average Rent for 2-Bedroom Apartment: $1,015
Homes for Sale in Hickory Hill | Apartments for Rent in Hickory Hill
10. Midtown Memphis
Midtown Memphis is a vibrant and diverse neighborhood outside of downtown. It offers a central location with easy access to cultural attractions, entertainment venues, and dining options like the Memphis Zoo, Memphis Brooks Museum of Art, and Edge Motor Museum. The neighborhood is known for its lively arts scene, with numerous art galleries, theaters, and music venues like Sun Studio and Minglewood Hall. Midtown Memphis offers a mix of housing options, including historic homes, apartments, and condos.
Median Sale Price: $295,000
Average Rent for 1-Bedroom Apartment: $1,260 | Average Rent for 2-Bedroom Apartment: $1,795
Homes for Sale in Midtown Memphis | Apartments for Rent in Midtown Memphis
11. Raleigh
Raleigh is a suburban neighborhood located in Northeast Memphis. The neighborhood is home to several parks, including John F. Kennedy Park, where residents can enjoy outdoor activities. Raleigh offers a variety of housing options, including single-family homes, townhouses, and apartments. The architectural styles in the neighborhood range from traditional Southern designs to modern contemporary structures.
Median Sale Price: $160,500
Average Rent for 1-Bedroom Apartment: $850 | Average Rent for 2-Bedroom Apartment: $992
Homes for Sale in Raleigh | Apartments for Rent in Raleigh
12. South Main Arts District
The South Main Arts District is a vibrant and culturally rich neighborhood located in downtown Memphis. It’s known for its thriving arts scene, with numerous art galleries, studios, and performance spaces. The neighborhood is also home to the historic Orpheum Theatre, where residents can enjoy live performances and shows. South Main Arts District offers a variety of dining options, ranging from trendy cafes to upscale restaurants. The South Main Arts District features a mix of housing options, including loft-style apartments, townhouses, and condos.
Median Sale Price: $535,000
Average Rent for 1-Bedroom Apartment: $1,295 | Average Rent for 2-Bedroom Apartment: $2,050
Homes for Sale in South Main Arts District | Apartments for Rent in South Main Arts District
13. Southwind
Southwind is a popular neighborhood in southeast Memphis with access to golf courses, country clubs, and amenities. The neighborhood is known for its beautiful landscapes and well-maintained streets. Southwind is also home to the TPC Southwind golf course, which hosts the FedEx St. Jude Invitational, a prestigious PGA Tour event. Southwind features a variety of housing options, including spacious single-family homes, luxury townhouses, and upscale apartments. The architectural styles in the neighborhood range from elegant traditional designs to modern Mediterranean-inspired structures.
Median Sale Price: $302,500
Average Rent for 1-Bedroom Apartment: $1,579 | Average Rent for 2-Bedroom Apartment: $1,730
Homes for Sale in Southwind | Apartments for Rent in Southwind
14. Uptown
Uptown is an eclectic neighborhood located just north of downtown Memphis. It offers a mix of residential and commercial areas, with a growing number of trendy restaurants, bars, and shops. The neighborhood is known for its vibrant nightlife and entertainment scene, with live music venues and performance spaces like Cannon Center For The Performing Arts. Uptown offers a variety of housing options, including historic homes, modern apartments, and loft-style condos.
Median Sale Price: $205,000
Average Rent for 1-Bedroom Apartment: $910 | Average Rent for 2-Bedroom Apartment: $1,195
Homes for Sale in Uptown | Apartments for Rent in Uptown
15. Vollintine-Evergreen
Vollintine-Evergreen is a historic residential neighborhood with a charming and picturesque setting amongst tree-lined streets and well-preserved homes. The neighborhood is known for its historic architecture, with many homes dating back to the early 20th century. Vollintine-Evergreen is also near the Memphis Zoo, where residents can enjoy a day of fun. You can find a variety of historic homes, bungalows, and cottages in styles like Craftsman and Colonial Revival to Tudor and Mediterranean.
Median Sale Price: $205,100
Homes for Sale in Vollintine-Evergreen | Apartments for Rent in Vollintine-Evergreen
16. Whitehaven
Whitehaven is located in Memphis and is known for its rich history and iconic cultural attractions. The neighborhood is home to the famous Graceland, the former residence of Elvis Presley, which attracts thousands of visitors each year. Whitehaven also offers several parks and recreational areas, such as Otis Redding Park and T.O. Fuller State Park. From charming bungalows to modern townhouses, the neighborhood offers residents a diverse range of options.
Median Sale Price: $149,500
Average Rent for 1-Bedroom Apartment: $769 | Average Rent for 2-Bedroom Apartment: $880
Homes for Sale in Whitehaven | Apartments for Rent in Whitehaven
Methodology: All neighborhoods must be listed as a “neighborhood” on Redfin.com. Median home sale price data from the Redfin Data Center during November 2023. Average rental data from Rent.com during November 2023.
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