Home prices
The median home in West Memphis costs $86,800. In comparison to other places in this area this is about $18,480 (17%) lower.It is roughly $130,700 (60%) lower in comparison to the US as a whole, and compared to the city of Memphis is approximately $15,000 (14%) lower.
Rents
West Memphis's median monthly rent is $707. This is approximately $15 (2%) higher in comparison to its nearby areas.Compared to the nation as a whole it is roughly $355 (33%) lower, and compared to the city of Memphis is about $194 (21%) lower.
Nearby places
Marion
Marion is West Memphis's neighbor to the north. Its housing prices are substantially more expensive. Marion's median home value is $153,900, which comes out to $67,100 (43%) higher than West Memphis. Rent there is a bit more expensive. The median rent in Marion is $859 a month, which is $152 (17%) higher than West Memphis.
Sunset
Sunset is roughly 5 miles north of West Memphis. The housing prices there are significantly less expensive. The value of the median home in Sunset is $50,000, which comes out to $36,800 (73%) lower than West Memphis. Its rents are a little less expensive. In Sunset the median monthly rent is $575, which comes out to $132 (22%) lower than West Memphis.
Crawfordsville
Crawfordsville is approximately 8 miles northwest of West Memphis. Real estate prices there are a bit more expensive. The median home price in Crawfordsville is $117,500, which works out to $30,700 (26%) higher than West Memphis. Rent there is substantially less expensive. The median rent in Crawfordsville is $471 per month, which is $236 (50%) lower than West Memphis.
Lynchburg
Lynchburg is about 14 miles south of West Memphis. Its real estate prices are a lot more expensive. The median home in Lynchburg costs $141,500, which is $54,700 (38%) higher than West Memphis. Rent there is a bit more expensive. In Lynchburg the median rent is $876 a month, which is $169 (19%) higher than West Memphis.
Earle
Earle is roughly 15 miles northwest from West Memphis. Its housing prices are substantially less expensive. The median home price in Earle is $63,500, which comes out to $23,300 (36%) lower than West Memphis. Rent there is fairly similar. Earle's median rent is $677 a month, which works out to $30 (4%) lower than West Memphis.
