Most Affordable Places to Buy a House in 2023: Memphis

Tennessee

2023/03/23

Memphis, TN is a great place to consider buying a home in 2023. It's affordable, has a lower cost of living, a growing job market, and plenty of cultural amenities to enjoy. With a median cost of $92/sq ft and homes priced at $242,500, it offers homebuyers a chance to save money. Memphis has a lower cost of living than the avg U.S. city, making it an attractive option for those looking to buy a home. Hence, homebuyers can stretch their budget further in this Southern city.