Once a quintessential river city, today Memphis, Tennessee has a diverse economy that’s home to the world’s busiest cargo airport, thanks to FedEx being in town. The city also has a strong tourist sector that trades on the city’s fantastic barbecue and importance in African American history. Residents love getting out of doors to enjoy the city’s fantastic public parks and many art galleries.
One of Memphis’ main attractions to new residents is its low cost of living, but inflation and growth have pushed prices up. The average rent on a one-bedroom apartment is up 17% from 2021. The median house price is up 16.5% from 2021. Especially if you want to live in a really hot Memphis neighborhood, you may need to settle for a smaller space than you might want.
Thankfully, there are a lot of self-storage facilities in and around Memphis. Even if you need a bigger unit or want a longer lease, you’ll be surprised at how affordable your options are. And with facilities all over town, it’s easy to find a place that’s convenient and close to home. If you’re thinking of a Memphis move, don’t let something as small as storage keep you from it.