Memphis vs El Paso: Housing
| Memphis | El Paso | |
|---|---|---|
| Median Home Value | $77,300 | $184,500 |
| Median Gross Rent | $491/mo | $1,073/mo |
| Homeownership Rate | 72.8% | 60.8% |
| Rent as Share of Income | 12.4% | 21.6% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.