Homes For Sale and Home For Rent in Memphis, TN
Last week we compared homes for rent and homes for sale in San Antonio, TX. Today we are heading a little farther east to the home of our beloved King of Rock n’ Roll, Elvis Presley. Yup, Memphis, TN.
While the Graceland Mansion isn’t included in the collection, we’ve picked out a few homes to help anyone in the midst of deciding whether to buy or rent in the great city of Memphis. We’ve searched by monthly payment to compare how much home a rent check, or a mortgage payment, of under $1,500, $2,000, and $2,500 will get you. The mortgage payments are based on a 30-year fixed rate, with 20% down presently being quoted on Zillow Mortgage Marketplace.
Compare Rent vs. Buy Monthly Payment Under $1,500:
For Rent - 5292 Laurie Lane, Memphis, TN 38120 (below):
For Sale – 6529 Cherryhill Parkway, Memphis, TN 38120 (below):
Compare Rent vs. Buy Monthly Payment Under $2,000:
For Rent – 1124 Misty Isle Dr, Memphis, TN 38103 (below):
For Sale – 2873 Garden Lane, Memphis, TN 38111 (below):
Compare Rent vs. Buy Monthly Payment $2,500 and Under:
For Rent-512 Rienzi Dr, Memphis, TN 38103 (below):
For Sale – 6614 Heronswood CV, Memphis, TN 38119 (below):