Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
32 ZIP codes •
Population: 890,617
Should you buy in Shelby County, TN?
Our answer, based on the numbers below.
π For Homebuyers
MIXED
Grade C (63/100)
Mixed signals β some positives, some negatives. Worth considering but not a slam-dunk.
πFor Investors
GOOD
3.4 / 5
(62/100)
A cash-flow market β rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
β οΈRisks to Know
1 flag
Elevated vacancy:
11.0% vacancy may signal weakening demand.
What’s happening in Shelby County, TN?
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Sources
Investability
County-wide average
Appreciation
2.9% 5yr CAGR
Landlord Climate
Regulatory friendliness
Avg Investabilityβ β β β β
Avg Home Value$238,393
Avg Monthly Rent$1,433
ZIP Codes32
Market Trends β Shelby County
County Home Value History
County Rent History
Investing in Shelby County Real Estate
Across Shelby County's 32 ZIPs, the picture is lackluster β soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.
A 3.4 rating and a 0.0% 5-year CAGR are the kinds of numbers that warrant real local underwriting. Shelby County sits firmly in that category.
Distressed-leaning demographics in Shelby β soft income growth, high rent burden, population shifts β are among the reasons the β β β ββ rating sits where it does.
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Advantage Property Management offers property management services in Memphis, TN, and surrounding areas, including Section 8 property management, maintenance, and renovations. summary from their website
Investor Insight: With 5,767 students living off-campus, Shelby County has substantial rental demand from the college population β typically stable, lease-renewing tenants.
Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.