🏠 Home insurance cost in Memphis, TN (2026)
Estimated average: $2,608 per year — +13% vs. the U.S. average of $2,300.
$2,608
Est. home insurance in Memphis
per year
$2,415
Tennessee average
$2,300
U.S. average
618,639
Population
Estimate your home insurance in Memphis
Memphis home insurance estimator
Estimated$1,643/year
Starts from the Memphis estimate. Get quotes to confirm your price.
Memphis home insurance FAQ
How much is home insurance in Memphis, TN?
The estimated average is $2,608 per year — above the state average (+8% vs. the Tennessee average of $2,415, and +13% vs. the U.S. average).
Is home insurance more expensive in Memphis than elsewhere in Tennessee?
Memphis has about 618,639 residents. Larger metro areas usually see higher rates due to traffic density, claim frequency, and repair costs. Compare nearby cities in the chart above.
How do I get the cheapest home insurance in Memphis?
Compare at least three quotes from insurers active in Memphis, ask about local discounts, and re-shop yearly. Use the calculator to estimate your own price first.