Best Memphis neighborhoods for Airbnb
Ranked on real short-term-rental comps, not guesses. By median annual revenue, Mud Island leads near $42,209. The highest nightly rates are in White Station around $280. The most proven market by active listings is Midtown. Every number is the median of live Memphis Airbnb and VRBO comps in that area, with the sample size shown.
Ranked by median annual revenue
The 20 Memphis areas with the highest median short-term-rental revenue (areas with at least 5 comps).
| # | Neighborhood | Annual revenue | Nightly rate | Occupancy | Comps |
|---|---|---|---|---|---|
| 1 | Mud Island | $42,209 | $227 | 53% | 32 |
| 2 | Lakeland | $35,832 | $191 | 78% | 14 |
| 3 | Far East Memphis | $31,635 | $246 | 59% | 40 |
| 4 | White Station | $29,543 | $280 | 60% | 11 |
| 5 | Victorian Village | $28,350 | $120 | 64% | 17 |
| 6 | Southaven | $28,218 | $227 | 68% | 86 |
| 7 | Rozelle | $27,966 | $237 | 59% | 21 |
| 8 | Pigeon Roost | $27,966 | $237 | 59% | 20 |
| 9 | South City | $27,474 | $158 | 53% | 144 |
| 10 | Northeast Memphis | $26,413 | $182 | 56% | 27 |
| 11 | Colonial Acres | $26,236 | $176 | 60% | 33 |
| 12 | High Point Terrace | $25,826 | $201 | 54% | 25 |
| 13 | South Main Arts District | $25,472 | $168 | 48% | 58 |
| 14 | East Buntyn | $25,352 | $181 | 57% | 10 |
| 15 | Oka Nashoba | $25,341 | $196 | 54% | 13 |
| 16 | Hickory Ridge | $25,225 | $176 | 52% | 25 |
| 17 | Joffre | $25,063 | $179 | 64% | 22 |
| 18 | Sherwood Forest | $25,005 | $133 | 65% | 14 |
| 19 | East Memphis | $24,965 | $204 | 63% | 126 |
| 20 | Cooper-Young | $23,956 | $155 | 59% | 148 |
Highest nightly rates
Median nightly rate from live comps.
- White Station$280
- Far East Memphis$246
- Rozelle$237
- Pigeon Roost$237
- Whitehaven$228
- Southaven$227
- Hickory Hill$227
- Mud Island$227
Highest occupancy
Median occupancy, trailing 12 months.
- Lakeland78%
- Parkway Village-Oakhaven71%
- Southaven68%
- Frayser65%
- Sherwood Forest65%
- Brinkley Heights65%
- Joffre64%
- Bartlett64%
Most established markets
By count of active comps.
- Midtown513
- Center City405
- Downtown345
- Binghampton160
- Cooper-Young148
- South City144
- University-Audubon134
- East Memphis126
How we ranked these
Median nightly rate, occupancy, and trailing-12-month revenue come from real Memphis Airbnb and VRBO listings, located to each neighborhood by map coordinate. Short-term-rental platforms offset the displayed pin by roughly 100 meters (about 340 feet) for privacy, which is immaterial at neighborhood scale but can blur a listing sitting right on a boundary. We only rank areas with at least 5 comps and show the sample size on every row, because a confident number on a thin sample is the most common way market data misleads. Revenue is gross, before the cost of running the rental, and before Memphis permit compliance. This is informational, not a projection for any specific property or investment advice.
Fair housing. We publish the same objective market data for every Memphis area. We do not rate neighborhoods as good or bad, do not steer anyone toward or away from any area, and do not include crime data, which can act as a proxy for protected characteristics. Your investment criteria are your own.
Common questions
What is the best Memphis neighborhood for an Airbnb?
It depends what you optimize for. By median annual revenue, Mud Island leads at about $42,209. By nightly rate, White Station is highest near $280 a night. The most established market by active listings is Midtown. Every figure here is the median of real Memphis short-term-rental comps in that area, with the sample size shown.
Do I need a permit to run an Airbnb in Memphis?
In most cases yes. Memphis requires a short-term rental permit under Memphis City Code Chapter 5-44, with insurance, a local responsible party, and a code inspection, regardless of platform or ownership structure. Confirm a specific address before counting on STR income from it. Our STR permit guide walks through the rules.
How are these neighborhood numbers calculated?
Median nightly rate, occupancy, and trailing-12-month revenue come from real Memphis Airbnb and VRBO comps, located to each neighborhood by map coordinate. Platform pins are privacy-offset by roughly 100 meters, which is immaterial at neighborhood scale but can blur a listing right at a boundary. We only rank areas with at least 5 comps and show the sample size on every row.
What could your specific property earn?
Neighborhood medians are a starting point. Enter your address for a live, comp-backed short-term-rental estimate for your exact property. Free, no obligation.
Or try the instant estimate, read the STR permit guide, or see best neighborhoods for long-term rentals.
Considering a Memphis Airbnb?
Send us the address and we will run the short-term revenue numbers on real Memphis booking comps, plus permit guidance under Memphis City Code Chapter 5-44. Free, and no obligation.