In case you missed it
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Memphis Real Estate Forecast 2026: What Investors Should Expect
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Things to Consider When You’re Moving to Memphis
Whether you’re moving to Memphis for a new opportunity or simply drawn to its culture and climate, there are a few key things to consider before making the move. Here’s what to keep in mind:
The type of neighborhood that feels like home to you.
Your budget for rent, food, utilities, entertainment, and transportation.
Memphis’ cost of living to see how it fits with your lifestyle.
Job opportunities for you or your spouse once you settle in.
Rental Homes in Memphis
A Guide to Memphis Neighborhoods
The cost of living in major cities can vary from one neighborhood to the next, and Memphis has many distinct neighborhoods that each have their pros and cons. Property values, proximity to local attractions and the quality of your local school system may all impact your bottom line. When you’re deciding where you’d like to live, try to balance your needs and wants, so you’re not overpaying.
East Memphis
Many people describe this neighborhood as suburbia within a large city. It offers excellent access to education (both public schools and private schools), local shops and entertainment. East Memphis also offers access to public transit if this is a requirement.
Germantown
An official suburb of Memphis, Germantown is one of the area’s most upscale neighborhods and is also home to one of the largest urban parks in the United States. Shelby Farms Park is over 4,500 acres, making Germantown an ideal location for anyone who enjoys outdoor activities and family outings in an urban environment. Learn more about what it’s like to live in Germantown, TN.
Midtown Memphis
The Midtown area of the city is less ideal for families and more geared toward young singles. It offers plenty of things to do, from music shows to extravagant restaurants and clubs. It’s also close to Overton Park, which is one of the city’s famous attractions.
Downtown
Living in downtown puts you at the heart of the action. Properties located downtown are within walking distance of many seasonal events and activities, including food and music festivals. You’re also close to public transportation, shopping centers and some great restaurants.
Cordova
Cordova is a suburb of Memphis in Shelby County in Tennessee. This couples-friendly town has a population of just over 37,000, with approximately half married. Cordova is home to the Vantage Point Golf Center, a driving range on Macon Road. Home buyers can search the Revid Realty website for Cordova homes for sale. Read more aboutwhat it’s like to live in Cordova, TN.
Collierville
The Memphis suburb of Collierville is a town with approximately 51,594 residents. It borders Piperton and Germantown, among other neighborhoods. Residents can patronize the businesses on Main Street or spend time at the Morton Museum of Collierville History to learn more about the town, starting at its founding in 1836. Prospective home buyers should expect to pay a median price of $468,200.
Bartlett
Once a stagecoach stop, the town of Bartlett was incorporated in 1866. Today it has almost 60,000 residents. For a full calendar of events year-round, visitors can flock to the Bartlett Performing Arts and Conference Center. Most residents own their homes, with the median price being approximately $306,700.
Lakeland
Lakeland in Shelby County has a population of approximately 13,772 residents. It’s home to the county’s largest lake — spread out in 241 acres, Garner Lake is a scenic centerpiece. Many homes line the shoreline, indulging residents with a beautiful view every minute of the day. Prospective residents who would prefer to rent can search for Lakeland rentals on the Revid Realty website.
DeSoto County
Just south of Memphis, DeSoto County in Mississippi offers affordable housing with a variety of home sizes and features. Cities like Olive Branch, Southaven, Hernando, and Horn Lake provide excellent options for those seeking a range of living spaces near Memphis, making it a great choice for homebuyers.
Things to Do in Memphis
Attractions, Events and Dining
There’s plenty to keep you entertained in and around the city of Memphis. You may find yourself discovering something new at every turn for a long time after moving to this cultural center. Here are some of the sights and attractions you should keep your eye out for.
Graceland
Elvis Presley called Memphis home and built a 13.8-acre estate, Graceland, in the city that’s now open to the public for viewing. While you’re at Graceland, you can also check out the Elvis: the Entertainer Career Museum. There’s an annual vigil each August to honor Presley’s life and career, and you can roll past the large bronze statue of him on Beale Street. You can also tour Elvis’s mansion, walk through the famous Jungle Room, and see his collection of cars at the Presley Motors Automobile Museum. Don’t miss the Meditation Garden, where fans pay their respects at his final resting place. For the ultimate experience, book a VIP tour for exclusive access and behind-the-scenes stories. Whether you’re a lifelong fan or just curious about the King of Rock ‘n’ Roll, Graceland offers a unique glimpse into music history.
Beale Street & Sun Studio
If you’ve come to Beale Street to view the Elvis Presley statue, you’ll find it impossible to stop there. This street in Downtown Memphis is an official historic landmark and showcases the area’s musical history, with nods to multiple musicians who’ve lived in Memphis over the years.
About a mile away from Beale Street is the famous Sun Studio, where an 18-year-old Elvis recorded his first song. Iconic restaurants in the area offer unique food, from barbecue to gator gumbo, and you can check out memorabilia signed by artists such as Isaac Hayes, Justin Timberlake, Jerry Lee Lewis and Elvis. You can dine at Memphis institutions such as Earnestine & Hazel’s Bar and Grill or Silky O’Sullivan’s, an Irish pub that also boasts a BBQ menu and a pet goat on premises.
The Peabody Hotel
While you’re in the area, don’t miss a visit to the Peabody Hotel! Enjoy a cold drink in this legendary hotel’s gorgeous lobby and listen to the player piano.
And of course, no visit to the Peabody is complete without seeing the Peabody Ducks in their beautiful marble fountain. Stick around for the famous Peabody Duck March, a charming tradition where the ducks waddle down the red carpet to and from the lobby fountain each day at 11 AM and 5 PM. If you’re looking for a unique experience, head up to the Rooftop Bar for stunning views of the Memphis skyline. Whether you’re sipping a cocktail or soaking in the history, the Peabody Hotel is a must-visit spot in the heart of downtown.
National Civil Rights Museum
The National Civil Rights Museum, located at the Lorraine Motel where Dr. Martin Luther King Jr. was assassinated, offers a powerful look into Memphis’ role in advancing civil rights. The museum features important moments in the Civil Rights Movement, from the Montgomery Bus Boycott to the March on Washington.
Visitors can explore exhibits with statues, artifacts, newspapers, and interactive displays that highlight both the progress made and the work that still lies ahead. It’s a moving experience that invites reflection on the ongoing fight for justice and equality, making it a must-see destination for anyone interested in American history and civil rights.
Festivals
With its long summer and mild winters, Memphis is home to plenty of fun annual festivals. There’s always a new activity you can bring your family to, such as the Memphis in May International Festival, Beale Street Music Festival and the Rajun Cajun Crawfish Festival.
You can also enjoy the World Championship Barbecue Cooking Contest, where pitmasters compete for the title of the best BBQ in the world, or the Cooper-Young Festival, a lively street fair featuring local art, music, and food. Don’t miss Elvis Week in August, celebrating the King with concerts, tributes, and special events. No matter your interests, Memphis offers a festival for everyone!
Cost of Living, Job Market
and Major Employers
Memphis is currently an attractive place for many people to reside due to the low cost of living, affordable housing and growing economy. Employers in the city are expanding and welcoming new workers. This is adding a lot of money to the economy and providing job security.
With cost of living up to 20% lower than the national average, it’s easy to find a rental property for under $1,000 per month. Some of the most prominent employers in Memphis include several national health-care systems, FedEx, International Paper and AutoZone. Small business owners also move here often due to low startup costs and tax advantages.
Browse Our Rental Listings
If you’re planning to move to Memphis and need a Memphis rental home, take a look at our rental properties. You can search by neighborhood, proximity to local attractions or based on neighborhood safety ratings and schools. Get started today, so you can find your ideal property.