Memphis vs Lee's Summit: Housing
| Memphis | Lee's Summit | |
|---|---|---|
| Median Home Value | $132,800 | $340,900 |
| Median Gross Rent | $471/mo | $1,422/mo |
| Homeownership Rate | 71.8% | 73.4% |
| Rent as Share of Income | 10.3% | 16.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.