Market Summary

Elmore Park, Shelby County, TN

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Median Home Price Price

$249,428 $249.4K

Median Monthly Rent Rent

$1,397 $1.4K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Shelby County

Region Price Rent GRM Display
$238,298 $1,698 12.0x
$316,786 $1,990 13.0x
$383,741 $1,958 16.0x
$282,954 $1,675 14.0x
$258,025 $1,677 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets within TN outside of Shelby County

Region Price Rent GRM Display

Home prices

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Monthly rent

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GRM

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Similar markets outside of TN

Region Price Rent GRM Display
$186,324 $1,414 11.0x
$305,177 $1,985 13.0x
$237,901 $1,526 13.0x
$413,851 $2,070 17.0x
$259,218 $1,509 14.0x
$217,480 $1,296 14.0x
$276,576 $1,473 16.0x
$276,454 $1,798 13.0x
$235,118 $1,771 11.0x
$427,650 $1,396 26.0x
$298,926 $1,953 13.0x
$207,427 $1,687 10.0x
$269,234 $1,565 14.0x
$190,854 $1,538 10.0x
$249,554 $2,090 10.0x
$207,111 $1,477 12.0x
$290,000 $1,842 13.0x
$316,315 $1,929 14.0x
$252,051 $1,440 15.0x
$240,402 $1,732 12.0x
$327,507 $2,060 13.0x
$269,244 $1,485 15.0x
$298,813 $1,355 18.0x
$291,434 $1,331 18.0x
$364,715 $1,464 21.0x
$213,690 $1,679 11.0x
$411,013 $1,462 23.0x

Home prices

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Monthly rent

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GRM

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Elmore Park

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Trend Insights

Median Rent in Elmore Park, TN is $1,397, with MoM change +$8 and YoY change +$25 pointing to positive momentum while volatility is low (std $7).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Elmore Park, TN.

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Metric
Base market Elmore Park, TN
Compare market Select a market
Delta vs base
Median rent
$1,397
N/A
Median price
$249,428
N/A
YoY change
+$25
N/A
Price-to-rent
14.9x
Data unavailable
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