The fair place to meet is Oklahoma City, OK — the city closest to the midpoint of Albuquerque and Memphis. From the farther side that’s about 10 hr 49 min of driving.
Recommended midpoint
Oklahoma City, OK
From Albuquerque
10 hr 49 min
516 mi to Oklahoma City
From Memphis
8 hr 50 min
422 mi to Oklahoma City
Memphis has the shorter trip; the split is off by about 1 hr 59 min. The alternatives below can even it out. Albuquerque and Memphis are about 937 miles apart.
Albuquerque and Memphis are about 937 miles apart by road. Split the difference and you arrive near Oklahoma City, the city closest to the halfway point between them. That puts roughly 10 hr 49 min of driving on the Albuquerque side and 8 hr 50 min on the Memphis side — the fairest single meeting point among the cities near the middle.
Over this distance most people will fly rather than drive the whole way. Oklahoma City still makes a fair, central place for Albuquerque and Memphis to converge, splitting the travel instead of asking one side to cross the country.
If Oklahoma City doesn't have what you're after, Dallas and Austin are also close to the midpoint and worth a look — each keeps the drive reasonably balanced between Albuquerque and Memphis.
Oklahoma City, often shortened to OKC, is the capital and most populous city in the U.S. state of Oklahoma. It is the 21st-most populous U.S. city and 8th largest in the Southern United States, with a population of 681,054 at the 2020 census. Read more →
Albuquerque is the most populous city in the U.S. state of New Mexico. Founded in 1706 as La Villa de Alburquerque by Santa Fe de Nuevo México governor Francisco Cuervo y Valdés, and named in honor of Francisco Fernández de la Cueva, 10th Duke of Alburquerque… Read more →
Memphis is a city in Shelby County, Tennessee, United States, and its county seat. Read more →
City descriptions adapted from Wikipedia (CC BY-SA); photos via Wikimedia Commons, credited above.
Estimates use straight-line distance and typical road speeds; real drive times vary with route and traffic.