Longstep Property Solutions Homes for Rent
Property Management · Far East Memphis

Property management
in Far East Memphis.

We price Far East Memphis 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 Far East Memphis sits in the Memphis area.

01

Far East Memphis 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 September 28, 2026
Median recent sale price
$265,000
41 recorded Shelby County home sales
Owner-occupied
60%
US Census ACS
Typical asking rent · all rentals
$1,550/mo
low high
Live Far East Memphis rental comps, 31 listings
Typical days to lease
44 days
Across 159 tracked Far East Memphis listings (85 leased so far), from our nightly market scan. Counts homes still listed, so it is not understated the way a leased-only average is.
Short-term rental · typical
$246/night
59% occupancy · 40 active short-term listings
Short-term rental market data, Far East Memphis
Median household income
$93K
US Census ACS
03

A bit of Far East Memphis history

Memphis east of I-240 to the Germantown border, Kirby, Balmoral, Ridgeway. Built out in the 1970s-90s as the city's newest single-family residential zone. ZIP 38119 contains many of the city's highest-rated public schools (White Station Middle, Ridgeway High).

For owners, Far East Memphis is a rental-demand market. Our typical-rent figure here is built on 31 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

Neighborhoods in Far East Memphis

Common questions about Far East Memphis property management

Does Longstep manage rental property in Far East Memphis?

Yes. Longstep manages long-term and short-term rentals in Far East Memphis 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 Far East Memphis?

Typical rent in Far East Memphis runs about $1,550 a month, with most homes between null and null depending on size and condition, and rentals lease in a median of 44 days. The most reliable number is your own address, which you can check free above.

What does a Far East Memphis home earn as a short-term rental?

Across 40 active Far East Memphis short-term listings the typical nightly rate is about $246 at roughly 59% occupancy. Well-equipped, professionally managed homes tend to run above that.

What does Longstep charge to manage a Far East Memphis 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 Far East Memphis

A sample of Far East Memphis 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 Far East Memphis 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.