photo of downtown memphis from drone at sunset

Safe, Affordable Neighborhoods in Memphis

Thinking about moving to Memphis? Bluff City is filled with budget-friendly housing options, safe communities, and a thriving job market, which makes it a great place to live in the South! If you’re looking for a safe, affordable spot to settle down in Memphis, check out these five neighborhoods!

  • Binghampton
  • Cooper-Young
  • East Memphis
  • Germantown
  • Midtown

Binghampton

blue house with white pillars and iron gate on door photo by Instagram user @sold_by_shane
Photo via @sold_by_shane
  • Home Price: $133,731 median purchase price; $755 median monthly rent
  • Crime Rate: Safer than 28% of Tennessee cities
  • Perfect For: Singles, young professionals, families, retirees

Looking for an affordable home in Memphis? Binghampton offers renters and homebuyers alike a variety of cute bungalows, brick cottages, and single-family homes. This central Memphis neighborhood is a favorite among people of all ages and lifestyles, thanks to its abundant green space, local dining and nightlife, tight-knit community, and quick commutes into the city center!

Things to Do in Binghampton

Make a trip to family-owned Broadway Pizza, where you can get everything from burgers and fried catfish to incredible pizzas like the Broadway Special or the All Pig. Head over to Maximo’s on Broad for tapas, seafood paella, and sangria. Pop into nautical-themed bar The Cove, where you can enjoy Mai Tais and Memphis Mules along with fresh oysters. Spend an evening playing arcade and video games while sipping on craft beers and game-themed cocktails at Rec Room. Go for a jog, ride your bike on the trails, or visit the Veterans Plaza memorials at Overton Park. Explore Primate Canyon, Cat Country, and other animal exhibits at Memphis Zoo. Or attend community events like the Easter Carnival and the Thanksgiving Appreciation Dinner at Lester Community Center.

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Cooper-Young

queen anne style home painted red and green in memphis photo by Instagram user @thisplaceinhistory
Photo via @thisplaceinhistory
  • Home Price: $96,608 median purchase price; $767 monthly rent
  • Crime Rate: Safer than 11% of Tennessee cities
  • Perfect For: Singles, young professionals

Located in East Memphis, Cooper-Young is one of the city’s hippest neighborhoods. With its vintage buildings, cozy bungalows, artsy vibe, and LGBTQ community, it’s no surprise that this Memphis neighborhood is a hot spot for singles and young professionals. Another reason why locals love this area? It’s home to the annual Cooper-Young Festival, which features live music, art vendors, food, and much more!

Things to Do in Cooper-Young

Grab your morning cup of coffee at Java Cabana, a retro coffeehouse where you can listen to live music and spot work from local artists. Enjoy brunch at Alchemy, where you can get Crab Cake Benedict or Loaded Grits with mimosas. Pay a visit to Memphis Made Brewing Co. to try their Cat Nap IPA and Fireside malt. Join in for early morning soccer with Irish Omelettes and pints at Celtic Crossing Irish Pub. Stop into dog-friendly Burke’s Book Store to find new, used, and rare books. Pick up fresh produce and handcrafted goods from the year-round Cooper-Young Community Farmers Market. Or sign up for yoga or cardio dance classes at mind/body HAUS.

East Memphis

Ranch style home built with brick in memphis photo by Instagram user @hdurhamfrontporch
Photo via @hdurhamfrontporch
  • Home Price: $133,731 median purchase price; $755 median monthly rent
  • Crime Rate: Safer than 28% of Tennessee cities
  • Perfect For: Students, singles, young professionals, families, retirees

One of the largest neighborhoods in the city, East Memphis brings the best of suburban living and the best of urban amenities together. Not only is it home to the University of Memphis and some of the city’s top outdoor recreation spots, but you can also find a variety of housing options here, from affordable apartments and trendy townhomes to Craftsman-style bungalows and lots for new construction!

Things to Do in East Memphis

Dig into Cinnamon Roll Pancakes, Biscuits & Gravy, or the San Diegan Open Face Omelet at award-winning breakfast diner Brother Juniper’s. Take a trip to Corky’s Ribs & BBQ, where you can order slow-cooked Memphis-style barbecue. Try Mediterranean dishes like Sun Dried Tomato Pesto Linguine and Pastitsio at Ciao Bella Italian Grill. Spend an afternoon at Memphis Botanic Garden, where you can explore 96 acres of green space and 31 specialty gardens. Grab some popcorn and watch the latest releases at Malco Paradiso Cinema. Swing by City & State, a retail and craft coffee store that carries handmade goods for men, women, and kids. Or play a round of golf at beautiful public golf course Audubon Park Golf Course.

Germantown

ranch style home with white siding in germantown photo by Instagram user @elizabethstraskophoto
Photo via @elizabethstraskophoto
  • Home Price: $296,300 median purchase price; $1,398 median monthly rent
  • Crime Rate: Safer than 77% of Tennessee cities
  • Perfect For: Families, retirees

The suburb of Germantown is one of the safest, most affordable places to live in the Memphis area. Known for its large single-family homes with spacious yards, safe streets, and highly-rated schools within the Germantown Municipal School District, this Memphis suburb is a top destination for families. And though it’s on the outskirts of the metro, commutes between Germantown and Downtown Memphis are under 30 minutes, so it’s easy to get back and forth!

Things to Do in Germantown

Try the best fried catfish and fries in the Memphis area at soul food haven Soul Fish Cafe. Schedule date night at Moondance Grill, where you can order a bottle of wine and a 16-ounce Ribeye. Bring the family to Staks Pancakes on the weekend for breakfast favorites like beignets, omelettes, and—of course—pancakes. Get in some retail therapy at Shops of Saddle Creek, where you can find stores like Pandora, Sur La Table, and Banana Republic. Catch a concert or a ballet at Germantown Performing Arts Center, which brings world-class acts to the stage. Take the kids to Bobby Lanier Farm Park, a ten-acre center that includes a farmers market, 4-H programs, environmental education, and youth sports leagues. Or get a membership to Ridgeway Country Club to go golfing, play tennis, or spend some time at the pool.

Midtown

red brick home with dark shutters with lamppost in yard photo by Instagram user @hdurhamfrontporch
Photo via @hdurhamfrontporch
  • Home Price: $96,608 median purchase price; $767 median monthly rent
  • Crime Rate: Safer than 11% of Tennessee cities
  • Perfect For: Students, singles, young professionals

Midtown is one of the best neighborhoods in Memphis for singles and young professionals. Located just east of Downtown Memphis, this neighborhood is ideal for those who want to live, work, and play close to the city center. Midtown is also the perfect home for college students pursuing an education at Rhodes College, as well as health care professionals studying or working in Memphis’ Medical District.

Things to Do in Midtown

Grab a Fried Gulf Oyster Poboy or Original Andouille at Cajun-Creole spot The Second Line. Chow down on a Texas Toast Burger or Steak Sandwich at Huey’s. Get your fix of Latin-American cuisine with a Roasted Chicken Taco or Black Bean Fritters at Babalu. Visit LGBTQ-friendly Dru’s Bar, where you can join in for karaoke, attend trivia night, or catch incredible drag shows. Head over to Lafayette’s Music Room, which features live music every night of the week. Browse famous paintings from Georgia O’Keeffe or view contemporary photography exhibits at the Brooks Museum of Art. Tour Sun Studio to see where Johnny Cash and Elvis Presley recorded their albums. Or attend a play featuring local professional actors at Playhouse on the Square.

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Neighborhood statistics from AreaVibes

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Thinking about living in Memphis? These five neighborhood offer affordable housing, low crime rates, and plenty of things to do for residents of all ages! via @extraspace