Memphis, MO Real Estate

According to census data in the year 2000 there were 1,053 housing units in Memphis. This represents a 0.4% decline from 1,057 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,053 were located in what is classified as a rural area.

Homeownership rate in Memphis is about 71.1%. Memphis's vacancy rate, including seasonal lodging, is about 15.6%. Average household size is 2.18 people.

The majority of houses, apartments or condos in Memphis were built after 1956.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom17.90%
Two Bedrooms38.70%
Three Bedrooms29.90%
Four Bedrooms11.40%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1952
Median Value of occupied units$44,000
Median Price asked for vacant units$37,500

Rented Homes, Apartments and Condos

Average Household Size1.95
Median year structure was built1964
Median Monthly Rent asked for vacant units$253

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0.70%
Home Equity Loan3.90%
Simple Mortgage40.30%
Debt Free55.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs13%