Longstep Property Solutions Homes for Rent
Property Management · Colonial Acres

Property management
in Colonial Acres.

We price Colonial Acres 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 Colonial Acres sits in the Memphis area.

01

Colonial Acres 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 14, 2026
Median recent sale price
$219,859
224 recorded Shelby County home sales
Owner-occupied
67%
US Census ACS
Typical asking rent · all rentals
$1,295/mo
$1,335 low$1,692 high
Live Colonial Acres rental comps, 22 listings
Typical days to lease
50 days
Median of 132 active Colonial Acres listings, our nightly market scan
Short-term rental · typical
$187/night
56% occupancy · 17 active short-term listings
Short-term rental market data, Colonial Acres
Median household income
$75K
US Census ACS
02

What is happening on the ground in Colonial Acres

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
29
LessMore
below the metro typical for building activity
41 active on file
City of Memphis / Shelby County permits
Derelict / substandard structures · 24 months
31
FewerMore
around the metro typical for distressed buildings
468 routine upkeep notices (weeds, vehicles, dumping)
Memphis 311 code enforcement
Reported incidents · past 12 months
627
LowerHigher
below the metro typical
42 violent · 458 property
Memphis Police Department

Counts cover the Colonial Acres boundary shown above. The Less/More marker places Colonial Acres 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 Colonial Acres history

East Memphis residential subdivision developed in the 1950s and 1960s along Park Avenue and Mount Moriah Road, named in the colonial-revival style that defined many mid-century <a href="https://en.wikipedia.org/wiki/List_of_neighborhoods_in_Memphis,_Tennessee" rel="noopener" target="_blank">East Memphis developments</a>. Single-family ranch and split-level homes dominate the housing stock.

For owners, Colonial Acres is a rental-demand market. Our typical-rent figure here is built on 22 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

Homes we manage in Colonial Acres

We already operate here. A live look at what that means on the ground.

All available rentals · Book a Memphis stay

05

How we can run it

Common questions about Colonial Acres property management

Does Longstep manage rental property in Colonial Acres?

Yes. Longstep manages long-term and short-term rentals in Colonial Acres 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 Colonial Acres?

Typical rent in Colonial Acres runs about $1,295 a month, with most homes between $1,335 and $1,692 depending on size and condition, and rentals lease in a median of 50 days. The most reliable number is your own address, which you can check free above.

What does a Colonial Acres home earn as a short-term rental?

Across 17 active Colonial Acres short-term listings the typical nightly rate is about $187 at roughly 56% occupancy. Well-equipped, professionally managed homes tend to run above that.

What does Longstep charge to manage a Colonial Acres 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 Colonial Acres

A sample of Colonial Acres 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 Colonial Acres 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.