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Reviewed by CostOf.homes Editorial Team Last Updated: March 2026 Sources: Bureau of Labor Statistics, HomeAdvisor, Angi

How Much Does Home Security System Cost in Memphis, TN?

2026 pricing data for Memphis, Tennessee homeowners

Low End
$150
per project
Average Cost
$650
per project
High End
$2,100
per project
Materials
$261
Labor
$235
Permits
$25
Disposal
$24
Design
$37
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Home Security System Cost Overview in Memphis

When considering a home security system in Memphis, Tennessee, it's important to understand that the average cost is around $650 per project, with a range from as low as $150 for basic systems up to $2,100 for comprehensive setups. This pricing can vary based on several factors specific to the local market and project scope.

In Memphis, the cost of home security systems can be influenced by both national trends and regional specifics. For instance, Tennessee generally sees costs that align with the Southeast region's average, but local competition and materials availability play a significant role in determining the final price for homeowners.

Data Sources: Cost estimates are based on data from the Bureau of Labor Statistics, HomeAdvisor, Angi, and local contractor surveys in the Memphis metropolitan area. Prices are adjusted using the local cost of living index (0.83) as of March 2026.

Home Security System Cost Breakdown in Memphis, TN

Here is a detailed look at typical home security system pricing in the Memphis, TN area across three quality tiers:

Basic
$422
$337 - $506
  • Standard materials
  • Basic finishes
  • Smaller scope
  • Budget-friendly
Premium
$1,007
$906 - $1,309
  • High-end materials
  • Custom work
  • Premium finishes
  • Full scope
Cost LevelPrice RangeDescription
Budget / Low$150Basic materials and standard finishes; smaller scope projects
Average / Mid$650Mid-grade materials with professional installation; most common choice
Premium / High$2,100High-end materials, custom work, and premium finishes

* Prices are estimates for the Memphis, TN area as of March 2026. Actual costs may vary based on project specifics.

About the Memphis Home Improvement Market

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Factors That Affect Home Security System Cost in Memphis

The cost of a home security system in Memphis is affected by various factors:

  • Materials: The type of equipment used can significantly impact costs. For example, advanced smart devices and high-quality cameras are more expensive than basic systems.
  • Labor: Installation fees vary based on the complexity of the setup. Some companies offer DIY kits that require minimal installation, while others provide professional installation services at a higher cost.
  • Size and Complexity: Larger homes or those with complex security needs (like multiple floors or extensive perimeter needs) will naturally incur higher costs due to the increased labor and materials required.
  • Seasonal Demand: Home security system installations tend to be more popular during certain times of the year, such as summer when many people are looking to secure their homes before school starts in the fall. This can lead to price fluctuations depending on demand.
  • Permits: Some municipalities require permits for home security installation, which can add an additional cost to the project.

Tips to Save Money on Home Security System in Memphis

Pro Tip

Always get at least 3 quotes from licensed contractors in Memphis before starting your project. Comparing bids can save you 10–30% on home security system costs.

To save money on a home security system in Memphis, Tennessee, consider these tips:

  • DIY Kits: Opt for DIY kits if you feel comfortable installing the equipment yourself. This can significantly reduce labor costs and sometimes even the initial setup fees.
  • Bulk Purchases: Some providers offer discounts when you purchase a complete system, including cameras and alarms, instead of buying individual components separately.
  • Promotions and Discounts: Keep an eye out for special promotions or deals that can bring down the overall cost. Many companies run seasonal sales or offer bundle discounts to attract new customers.
  • Veteran and Military Discounts: If you are a veteran or military member, inquire about any additional discounts available through your provider.

Home Security System Cost Calculator for Memphis

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* This is a rough estimate for home security system in Memphis, TN. Get free quotes from local contractors for accurate pricing.

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Frequently Asked Questions About Home Security System in Memphis

The average cost for a home security system in Memphis is around $650 per project, with a range from as low as $150 for basic systems up to $2,100 for comprehensive setups. However, the actual cost can vary based on specific factors such as materials used and installation complexity.
Common types include smart home security systems with features like motion sensors, video doorbells, and integrated alarm panels. Many providers offer customizable packages to meet specific homeowner needs.
While it's rare to find completely free home security systems, some companies might offer introductory offers or promotions that include a reduced setup fee or discounted rates for new customers. It’s worth checking with local providers for any current deals.
Many providers offer contracts to lock in lower prices, but some also allow you to purchase and install the system outright without committing to a long-term agreement. Review your options carefully before signing up.
To secure better deals, look for local promotions, bundle offers, or ask about any seasonal discounts available. Additionally, some providers offer discounts to veterans and military members, so it's always worth asking.
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