ZIP 38127 · Memphis, TN · Shelby County
Vouchers pay +14% over market rent here, so Section 8 is the better tenant on paper. A year of voucher rent is 21% of the $92,000 typical home. 3.4% of mortgages are 90+ days late, a sign of more distressed supply ahead.
Section 8 yield
20.7%
Voucher premium
+14%
Typical home value
$92,000
4.4%
Market rent, 3 bed
$1,390
2.4%
How it ranks on market score
How it ranks on voucher premium