In Memphis 28% of the housing is rented out compared to 72% of homes are owned, according to the most recent Census Bureau estimates. 2% of Memphis’s apartments are found in large buildings of 50 units or more, 37% are located in smaller apartment complexes with less than 50 units, and 61% are single-family rentals.
What do typical apartment communities look like in Memphis, FL?
The average age of rental buildings in Memphis is 17 years old, with 63% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 84% are garden-style apartment communities, 16% are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.
What apartment floorplans are common in Memphis, FL?
Studio apartments in Memphis are around 0.4% of rentals, while 1-bedroom floor plans represent 36% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 51% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.
Living in Memphis, FL
Memphis, Florida is located in the central part of the state, a short drive away from Tampa and close to the Gulf of Mexico. This geographical positioning offers residents easy access to both urban amenities in nearby cities and natural beauty along the coast. The area is primarily driven by industries such as healthcare, retail, and education, making it an appealing location for professionals in these sectors.
The city boasts several parks and recreational areas such as Buffalo Creek Park, which offers walking trails and sports facilities, providing residents with ample opportunities for outdoor activities.
The local arts scene in Memphis is modest but growing, with nearby Bradenton offering museums like the South Florida Museum and the Village of the Arts, a renovated neighborhood home to artists and galleries. Memphis’ history is closely tied to the broader Manatee County area, with historical sites and structures maintained by local historical societies.
Cuisine in Memphis reflects the diversity of the Gulf Coast, with an emphasis on seafood and Southern cooking. Restaurants range from casual eateries serving fresh fish to more sophisticated dining options featuring international cuisines.
Educational opportunities are supported by the Manatee County School District, which offers a range of public schools with various programs catering to different academic interests and needs.
Renting in Memphis, FL
Memphis offers a range of rental options, from single-family homes to modern apartment complexes. The architectural styles reflect a mix of traditional Floridian designs with some modern developments, especially in apartment living.
The area near Buffalo Creek is popular among families due to its proximity to parks and reputable schools, while the central parts of Memphis attract young professionals who appreciate the convenience to local shopping and dining facilities, as well as ease of access to major highways for commuting to larger cities like Tampa or St. Petersburg.
Typical rental properties include spacious homes with yards in suburban-style neighborhoods, and contemporary apartments featuring amenities such as pools and fitness centers, catering to a lifestyle preferred by working professionals.
Shopping in Memphis, FL
Shopping options in Memphis include local retail centers like the Prime Outlets at Ellenton, offering a variety of brand-name stores. For a more local shopping experience, residents can venture to nearby Bradenton, where they can explore specialty shops and local boutiques particularly in the Village of the Arts.
Common grocery stores in Memphis include Publix and Walmart, providing residents with convenient access to daily necessities. Additionally, the Red Barn Flea Market in Bradenton offers a blend of fresh produce, crafts, and other items, representing local vendors and craftspeople.
Transportation in Memphis, FL
Public transportation options in Memphis are somewhat limited, with better facilities available in nearby cities like Bradenton and Sarasota. For those relying on public transit, the Manatee County Area Transit (MCAT) provides bus services connecting Memphis to larger urban centers.
Major highways such as Interstate 75 are easily accessible from Memphis, facilitating straightforward travel to Tampa, St. Petersburg, and other parts of Florida. The closest airport offering regional and international flights is the Sarasota-Bradenton International Airport, located just a short drive away.
Memphis, while not as extensive in transportation networks as larger cities, still offers practical solutions for residents commuting to work or traveling for leisure.
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