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Memphis, MO Home Values and Rents
The typical home value in Memphis is $114,436, 251st highest of 373 cities and towns in Missouri. Median rent is $471 a month.
- Typical home value
- $114,436
- 251st of 373 in MO
- Median rent
- $471/mo
- ACS 2020-2024
- Price change, 1 year
- +3.2%
- Sep 2026
- Homeownership
- 71.8%
- MO: 68.1%
Typical home value in Memphis
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Memphis |
|---|---|
| Sep 2026 | $114,436 |
| Dec 2025 | $107,512 |
| Dec 2024 | $121,290 |
| Dec 2023 | $122,818 |
| Dec 2022 | $125,062 |
| Dec 2021 | $109,585 |
| Dec 2020 | $90,541 |
| Dec 2019 | $79,238 |
| Dec 2018 | $71,209 |
| Dec 2017 | $61,906 |
| Dec 2016 | $57,744 |
Over five years, Memphis prices changed +6.6%.
Source: Zillow Research · Last updated 09/01/2026
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Fair Market Rents, FY2027
HUD rent standard for Scotland County, MO
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $709 | +7.4% |
| 1 bedroom | $836 | +18.6% |
| 2 bedrooms | $962 | +8.3% |
| 3 bedrooms | $1,332 | +7.9% |
| 4 bedrooms | $1,608 | +7.9% |
Frequently asked questions
- What is the typical home value in Memphis, MO?
- The typical home value in Memphis is $114,436 (Zillow Home Value Index, Sep 2026). The Missouri median is $230,300.
- How much is rent in Memphis?
- The median rent in Memphis is $471 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $962.
- Are home prices going up in Memphis?
- The typical home value in Memphis changed +3.2% over one year and +6.6% over five years, as of Sep 2026.
- How does Memphis compare with the rest of Missouri?
- Memphis has the 251st highest median home value of 373 cities and towns with 1,000+ residents in Missouri.