Property management
in Germantown.
An owner-heavy, appreciation-led market. We price every Germantown home on its own comps, never a citywide Memphis average, and run it with one local team.
Free, instant, no obligation. Enter your address for a live comp-backed rent estimate. Or call (901) 244-2911.
Where Germantown sits in the Memphis area.
Germantown by the numbers
The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.
A bit of Germantown history
Originally named "Pea Ridge," renamed Germantown in 1836 reportedly for German immigrants among the early settlers. The Memphis-Charleston Railroad arrived in 1852. During WWI the city was briefly renamed "Neshoba" (Chickasaw for wolf) due to anti-German sentiment. Suburban growth in the 1970s-80s transformed it from rural village to affluent suburb.
For owners that translates to a buy-and-hold market: values are up about 18% over five years, and 81% of homes are owner-occupied, so a rental that does come open tends to draw long-term, well-qualified residents. The last twelve months have been flat to slightly soft, in line with the wider for-sale market. That is the honest near-term picture; the five-year trend is the one that has paid owners here.
How we can run it
Common questions about Germantown property management
Does Longstep manage rental property in Germantown?
Yes. Longstep manages long-term and short-term rentals in Germantown 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 Germantown?
Typical rent in Germantown runs about $2,600 a month, with most homes between $2,072 and $2,842 depending on size and condition. The most reliable number is your own address, which you can check free above.
What are home values doing in Germantown?
Homes in Germantown are worth about $489,666 on the Zillow Home Value Index, up 17.6% over the past five years and −1.2% in the past year.
What does a Germantown home earn as a short-term rental?
Across 13 active Germantown short-term listings the typical nightly rate is about $111 at roughly 53% occupancy. Well-equipped, professionally managed homes tend to run above that.
What does Longstep charge to manage a Germantown 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.
What would your Germantown 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.