Live rent comp data, cap rates, and investment returns for 17 Memphis neighborhoods. Updated 2026-09-28.
| Neighborhood | 3BR Median Rent | Median Price | Cap Rate | Gross Yield |
|---|---|---|---|---|
| Berclair-Highland Heights | $1,250/mo | $160K | 5.2% | 9.4% |
| Binghampton | $1,225/mo | $265K | 2.5% | 5.5% |
| Cordova | $1,720/mo | $320K | 3.3% | 6.5% |
| East Memphis | $1,490/mo | $315K | 2.7% | 5.7% |
| Far East Memphis | $1,723/mo | $319K | 3.3% | 6.5% |
| Frayser | $1,065/mo | $115K | 6.3% | 11.1% |
| Hickory Hill | $1,590/mo | $232K | 4.5% | 8.2% |
| Hyde Park & Hollywood | $1,150/mo | $103K | 8.0% | 13.4% |
| Midtown | $1,740/mo | $353K | 2.9% | 5.9% |
| Northeast Memphis | $1,566/mo | $245K | 4.1% | 7.7% |
| Orange Mound | $1,200/mo | $127K | 6.6% | 11.4% |
| Parkway Village-Oakhaven | $1,225/mo | $150K | 5.5% | 9.8% |
| Raleigh | $1,315/mo | $165K | 5.4% | 9.6% |
| South Memphis | $1,125/mo | $98K | 8.3% | 13.8% |
| University-Audubon | $1,295/mo | $195K | 4.3% | 8.0% |
| Uptown / North Memphis | $1,350/mo | $215K | 4.0% | 7.5% |
| Whitehaven | $1,190/mo | $145K | 5.5% | 9.8% |
Source: LPS live rental comp database + Shelby County property records. Data updated 2026-09-28.