How is "cheapest" measured in this list?

ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.

Are these really the 10 cheapest ZIPs in Shelby County, TN?

These are the 10 most affordable ZIPs that also pass our quality filter (HavenScore: 60 or higher). ZIPs with low scores are excluded to surface genuinely good buys rather than declining markets.

How often is this list updated?

This page refreshes monthly when our pipeline ingests new data from Zillow, Redfin, Census, FHFA, and FRED.

Cheapest ZIPs in Shelby County, TN

The 10 most affordable ZIP codes in Shelby County, TN with HavenScore: 60 or higher, ranked by median home value. Refreshed July 2026.

1
38106
Memphis, TN
$58,544
HavenScore: 63
2
38108
Memphis, TN
$71,901
HavenScore: 64
3
38114
Memphis, TN
$74,331
HavenScore: 61
4
38127
Memphis, TN
$91,542
HavenScore: 60
5
38109
Memphis, TN
$94,247
HavenScore: 62
6
38107
Memphis, TN
$110,265
HavenScore: 60
7
38112
Memphis, TN
$126,712
HavenScore: 65
8
38122
Memphis, TN
$128,590
HavenScore: 62
9
38111
Memphis, TN
$136,491
HavenScore: 63
10
38141
Memphis, TN
$194,057
HavenScore: 60

Frequently asked questions

How is "cheapest" measured in this list?: ZIPs are ranked by median home value from lowest to highest, filtered to only those with HavenScore: 60 or above. The score filter excludes ZIPs where low prices correlate with weak growth, high risk, or economic decline.
Are these really the 10 cheapest ZIPs in Shelby County, TN?: These are the 10 most affordable ZIPs that also pass our quality filter (HavenScore: 60 or higher). ZIPs with low scores are excluded to surface genuinely good buys rather than declining markets.
How often is this list updated?: This page refreshes monthly when our pipeline ingests new data from Zillow, Redfin, Census, FHFA, and FRED.

Related pages

Frequently asked questions