Kingsport vs Memphis
Side-by-side rent vs buy analysis comparing these two markets
Overall Comparison
Memphis has an edge
Memphis currently favors renting, with better rent-to-price dynamics.
Median Home Price
$254,306.08
Median RentBETTER
$1,203.44/mo
Price-to-Rent Ratio
17.6
Property Tax RateTIE
0.71%
Price Change (1Y)BETTER
+1.3%
Price Change (5Y)BETTER
+6.3%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
$145,276
Median Home PriceBETTER
$215,746.14
Median Rent
$1,363.63/mo
Price-to-Rent RatioBETTER
13.2
Property Tax RateTIE
0.71%
Price Change (1Y)
-1.5%
Price Change (5Y)
-7.6%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
$47,776
Key Differences
Home Prices
Kingsport's median home price of $254,306.08 is higher than Memphis's $215,746.14 by 18%.
Monthly Rent
Renting in Kingsport costs $1,203.44/mo compared to $1,363.63/mo in Memphis—a difference of $160.19/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.
Run Your Own Numbers
This comparison uses median values. Your income, savings, and goals matter. Use our Buy vs Rent calculator to get a personalized analysis.