Similar to nearby areas, it is significantly less expensive compared to the country as a whole. However it is significantly more expensive compared to the city of Memphis.
Home prices
Garland's median home price is $136,100. Compared to nearby areas it is is very similar.Compared to the rest of the nation it is about $81,400 (37%) lower, and in comparison to the city of Memphis it is approximately $34,300 (33%) higher.
Rents
In Garland the median monthly rent is $634. It is roughly $163 (20%) lower in comparison to its nearby areas.It is about $428 (40%) lower compared to the entire country, and it is approximately $267 (29%) lower in comparison to the city of Memphis.
Nearby places
Burlison
Burlison is Garland's neighbor to the southwest. The housing prices there are somewhat less expensive. The cost of the median home in Burlison is $126,100, which works out to $10,000 (7%) lower than Garland. Rents there are pretty similar. Burlison's median monthly rent is $642, which is $8 (1%) higher than Garland.
Gilt Edge
Gilt Edge is roughly 5 miles southwest of Garland. Its real estate prices are fairly similar. Gilt Edge's median home cost is $131,700, which is $4,400 (3%) lower than Garland. Its rents are somewhat more expensive. In Gilt Edge the median monthly rent is $763, which works out to $129 (16%) higher than Garland.
Covington
Covington is about 5 miles east of Garland. The real estate prices there are a little less expensive. Covington's median home cost is $111,800, which comes out to $24,300 (21%) lower than Garland. The rent there is a little more expensive. Covington's median monthly rent is $703, which comes out to $69 (9%) higher than Garland.
Brighton
Brighton is approximately 7 miles south from Garland. Its real estate prices are similar. Brighton's median home cost is $135,900, which is very similar to Garland. Rents there are substantially more expensive. Brighton's median monthly rent is $986, which comes out to $352 (35%) higher than Garland.
Munford
Munford is approximately 10 miles south of Garland. Its real estate prices are somewhat more expensive. The median home in Munford is valued at $168,300, which works out to $32,200 (19%) higher than Garland. Its rents are somewhat more expensive. Munford's median monthly rent is $893, which works out to $259 (29%) higher than Garland.