​Memphis Tennessee is Drawing Young People and Millennials.

Its what we have been saying all along. Memphis Tennessee is a great place to live. Now it has been ranked in the top five cities that Millennials are moving to, according to Realtor.com.

It’s a city with affordable housing and an ever-increasing job pool. It has a great but diverse culture and right now, Memphis undergoing enormous renovations. No wonder it’s on everyone’s RADAR. If someone is looking for an incredibly affordable housing market, great career opportunities, low cost living (14.3% lower than the national average), and plenty to see and do on a regular basis, Memphis ticks all the boxes.

This influx of people starting the next phase of their life is huge for the rental market. People moving to Memphis for entry level jobs are renting in record numbers. Executives and higher income professionals are taking rental properties while they establish themselves in the city. Right now more than 50% of the people in Memphis are renting the houses they live in, which means that the demand for great rental properties is going to be steadily increasing as Millennials move to the city.