5 Budget-friendly suburbs of Memphis

Memphis is a city in the southwestern corner of Tennessee known for its rich musical heritage, mouthwatering barbecue, and diverse array of suburbs. This can all seem a bit too good to be true, and everyone is always interested in exploring the costs of moving here. However, if you’re on a budget and looking for affordable housing options, you’re in luck. There are several budget-friendly suburbs in Memphis that provide comfortable living without breaking the bank. These areas offer a mix of housing choices, including apartments, condos, and single-family homes, at more affordable prices compared to other parts of the city. Spyder Moving and Storage movers are at your service when you find the right suburb for you!

The top 5 budget-friendly suburbs in Memphis

Whether you’re a young professional, a family, or someone seeking a suburban atmosphere, these suburbs provide an opportunity to settle down and experience the unique charms of Memphis without straining your budget. With the best moving companies in Memphis TN, your move will be like a breeze! The best budget-friendly suburbs in Memphis include:

1. Marion
2. West Memphis
3. Munford
4. Horn Lake
5. Brighton

Marion

Marion is regarded as one of the most affordable neighborhoods in the Memphis metropolitan area. It offers a cost of living that is generally lower compared to many neighborhoods in Memphis. Housing options in Marion include a range of affordable choices. These options cater to different budgetary needs, making it easier for individuals and families to find affordable housing solutions without compromising on comfort or quality. The median house value in Marion, TN is about $186,100 compared to the US average house value of $338,100.

Additionally, Marion provides a suburban atmosphere that appeals to those seeking a quieter and more relaxed lifestyle. Despite its tranquil ambiance, it maintains convenient access to the amenities and employment opportunities in Memphis. Commuting to Memphis is relatively easy, thanks to the proximity and well-connected transportation routes, such as bridges across the Mississippi River. This makes Marion an ideal choice for individuals who desire affordable living while working or exploring opportunities in the nearby urban center. Moreover, Marion offers a range of local amenities and services that cater to residents’ needs. There are grocery stores, shopping centers, restaurants, and recreational facilities within reach, providing convenience without the higher costs often associated with big-city living. If you decide on moving, hiring moving labor in Memphis is always a good idea.

West Memphis

For a single adult living in West Memphis, the annual cost of housing, food, childcare, transportation, health care, taxes, and other needs is $31,666. One of the biggest contributors to the cost of living is housing. The typical house in West Memphis is worth $84,600. On the other hand, the average renter pays $714 a month for housing here.

Also, food costs here tend to be relatively affordable, offering residents the opportunity to manage their grocery expenses without straining their budget. The city is home to several grocery stores, supermarkets, and discount chains that provide a range of affordable options for purchasing food and household essentials. These establishments often offer competitive prices and regular discounts, making it easier for residents to find affordable groceries. In West Memphis, a single adult spends an average of $2,985 on food annually, and a family of four spends $8,621 on average. In case you are considering commercial moving to this area, Memphis office movers will provide you with a stress-free moving experience.

Munford

Affordability is a defining characteristic of Munford. In comparison to other cities in the area, it has a reasonable cost of living. Due to several factors, including the presence of local businesses that provide competitive prices for goods and services, costs are kept low. The region also benefits from Memphis’ proximity—it’s only 40 miles away—because there are many work options there with higher pay than in rural places. For individuals looking for affordable living, it’s an excellent location because of the low property taxes. The median household income is $53,931 and the median home price of $142,500.

Horn Lake is also one of the top budget-friendly suburbs in Memphis

Residents in Horn Lake enjoy a low cost of living. Compared to the national average, the city’s overall cost of living is below average. In Horn Lake, the median monthly rent is between $750 and $850, and the price of a property starts at about $90,000. In addition, prices for food and utilities are less than average for the United States. This affordability, combined with convenient access to amenities and a suburban atmosphere, makes Horn Lake an appealing choice for those seeking a more affordable living environment. Affordability is not the only reason to move to this area. Check out 10 reasons to move to Tennessee and find out more!

Brighton is one of the best budget-friendly suburbs in the Memphis metropolitan area

Although it’s a rural town located only 30 miles from Memphis, some consider Brighton a hidden gem among the affordable suburbs of the city. With its affordable housing options and charming small-town atmosphere, Brighton provides an excellent opportunity for individuals and families to enjoy a high quality of life at a reasonable cost. The town offers a range of housing options, including affordable single-family homes and apartments that cater to different budgetary needs. Whether you’re looking for a cozy home or a comfortable apartment, it has options to suit various lifestyles and preferences. The median home prices are around $154,000 and the monthly median rent price is $1,098. Groceries and transportation expenses are also more affordable than in many other places in the area, making Brighton a great place for budget-conscious families or individuals looking to save money on living costs.

While Brighton offers a tranquil setting, it remains conveniently close to the amenities and attractions of Memphis. The city’s vibrant downtown, renowned music scene, and cultural landmarks are just a short drive away. Residents of Brighton can easily access shopping centers, dining establishments, entertainment venues, and employment opportunities in Memphis while enjoying the affordability and tranquility of their suburb. Memphis apartment movers will do their best to help you with moving to this area!

Budget-friendly suburbs in Memphis are worthy of consideration for those looking for affordable living options

These budget-friendly suburbs in Memphis provide affordable housing options without compromising on quality of life. Each neighborhood has its unique charm and amenities, catering to the diverse needs and preferences of residents. Whether you’re an individual or a family, these suburbs provide an opportunity to settle down and experience the unique charms of Memphis while staying within a reasonable budget!