Longstep Property Solutions Homes for Rent
Property Management · Cherokee

Property management
in Cherokee.

We price Cherokee on its own block-by-block comps, never a citywide average, and manage it with one local team that knows this part of Memphis.

Free, instant, no obligation. Enter your address for a live comp-backed rent estimate. Or call (901) 244-2911.

Where Cherokee sits in the Memphis area.

01

Cherokee by the numbers

The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.

Area data updated August 13, 2026
Median recent sale price
$137,500
14 recorded Shelby County home sales
Owner-occupied
46%
US Census ACS
Typical asking rent · all rentals
$1,273/mo
$1,143 low$1,418 high
Live Cherokee rental comps, 48 listings
Typical days to lease
51 days
Median of 25 active Cherokee listings, our nightly market scan
Median household income
$34K
US Census ACS
02

What is happening on the ground in Cherokee

Live signals from the county and the city: how much building is underway, how many structures are flagged as derelict or substandard, and reported crime over the past year. Each is shown against the typical Memphis area we cover, measured per square mile so a big suburb and a small neighborhood compare fairly.

Building permits · past 12 months
11
LessMore
below the metro typical for building activity
19 active on file
City of Memphis / Shelby County permits
Derelict / substandard structures · 24 months
7
FewerMore
around the metro typical for distressed buildings
171 routine upkeep notices (weeds, vehicles, dumping)
Memphis 311 code enforcement
Reported incidents · past 12 months
179
LowerHigher
around the metro typical
19 violent · 81 property
Memphis Police Department

Counts cover the Cherokee boundary shown above. The Less/More marker places Cherokee against the per-square-mile rate of every Memphis area we manage, so the raw count is read in context rather than on its own. Refreshed continuously from public records. Reported incidents are not total crime and do not measure how safe an area is or anything about the people who live there. We show the same public figures for every area and rate none. This is factual public data, not legal, investment, or fair-housing advice.

03

A bit of Cherokee history

Small residential pocket in the University District, just east of the University of Memphis campus. The neighborhood is named for its central Cherokee Drive and reflects the mid-twentieth-century pattern of academic-adjacent single-family housing that grew up around the university after World War II.

For owners, Cherokee is a rental-demand market. Our typical-rent figure here is built on 48 live comps, so the number is grounded rather than guessed. We price each property to its own block and screen for residents who will stay.

04

How we can run it

Common questions about Cherokee property management

Does Longstep manage rental property in Cherokee?

Yes. Longstep manages long-term and short-term rentals in Cherokee with one local team, in-house cleaning and maintenance at cost, and every fee disclosed up front.

What can I rent a home for in Cherokee?

Typical rent in Cherokee runs about $1,273 a month, with most homes between $1,143 and $1,418 depending on size and condition, and rentals lease in a median of 51 days. The most reliable number is your own address, which you can check free above.

What does Longstep charge to manage a Cherokee rental?

Long-term management is 8% of collected rent plus a one-time placement fee; short-term is 10% all-in. Maintenance and cleaning are in-house at cost, with no third-party markup.

Properties in Cherokee

A sample of Cherokee addresses with rent comps, short-term comps, or a recorded renovation on file. Open one for its county value, estimated rent, and renovation history.

What would your Cherokee property rent for?

Send us the address. We pull the real comps for that exact street and show you the long-term and short-term picture, free.

Free, no obligation. Or call (901) 244-2911.