Memphis

Most affordable Memphis suburbs

Ranked on what a household actually pays: the in-house cost-of-living index at 55%, the median home value against the metro at 25% (lower is better here), and the share of households already stretched by housing costs at 20%.

Updated Sep 2026·14 suburbs considered, 10 listed
1
Aerial view of downtown West Memphis, Arkansas, a city of 24,520 people known for transportation, distribution and its location across the Mississippi River fro
West Memphis$120k median · 20.1 min commute
Cost of living A−Housing FEmployment F
75
Affordability
overall 45 D
2
Marion, Arkansas. Courthouse.
Marion$212k median · 22.3 min commute
Cost of living BHousing D+Employment C
70
Affordability
overall 55 C−
3
This is a photo collage around the city of Southaven, Mississippi
Southaven$236k median · 24.0 min commute
Cost of living B+Housing C−Employment C+
65
Affordability
overall 64 C+
4
Watertower in Horn Lake, Mississippi
Horn Lake$171k median · 25.7 min commute
Cost of living B+Housing D−Employment D−
65
Affordability
overall 54 C−
5
Olive Branch, Mississippi. Downtown
Olive Branch$290k median · 24.5 min commute
Cost of living B−Housing B−Employment B
64
Affordability
overall 66 C+
6
Millington, Tennessee. Welcome sign at Singleton Parkway
Millington$207k median · 20.8 min commute
Cost of living B−Housing DEmployment D−
63
Affordability
overall 48 D+
7
This Town of Atoka sign is located at the three-way stop in downtown Atoka, Tennessee where Atoka-Munford Avenue dead-ends into Main Street.
Atoka$321k median · 36.2 min commute
Cost of living B−Housing C+Employment C
61
Affordability
overall 56 C−
8
Courthouse in Hernando, Mississippi
Hernando$316k median · 26.9 min commute
Cost of living B−Housing C+Employment C+
61
Affordability
overall 59 C
9
Bartlett, Tennessee Welcome to Bartlett
Bartlett$310k median · 24.4 min commute
Cost of living CHousing B−Employment B−
58
Affordability
overall 66 C+
10
The skyline of Memphis, Tennessee, along the Mississippi River.
Memphis$169k median · 21.1 min commute
Cost of living C+Housing FEmployment F
56
Affordability
overall 43 D
This list's weighting
Cost of living 55%Median home value (lower is better) 25%Cost-burdened households 20%
Other Memphis lists
Best Memphis suburbs for familiesBest Memphis suburbs for schoolsShortest commutes to Downtown MemphisMost walkable Memphis suburbsBest Memphis suburbs for young professionalsHow we score Memphis suburbs →

Photos from Wikimedia Commons: West Memphis (Quintin Soloviev · CC BY 4.0); Marion (Thomas R Machnitzki · CC BY-SA 3.0); Southaven (Trevor Birchett · CC BY-SA 4.0); Horn Lake (Thomas R Machnitzki · CC BY-SA 3.0); Olive Branch (Thomas R Machnitzki (thomas@machnitzki.com) · CC BY 3.0); Millington (Thomas R Machnitzki · CC BY 3.0); Atoka (Andrew P. Bohrman, Stephanie Bohrman · CC BY-SA 4.0); Hernando (Thomas R Machnitzki · CC BY-SA 3.0); Bartlett (Thomas R Machnitzki (thomas@machnitzki.com) · CC BY 3.0); Memphis (Quintin Soloviev · CC BY 4.0).