Longstep Property Solutions Homes for Rent
Property Management · Germantown, TN

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.

01

Germantown by the numbers

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

5-year appreciation
+17.6%
−1.2% over the past 12 months
Zillow Home Value Index, May 2026
Typical home value
$490K
Zillow Home Value Index, May 2026
Owner-occupied
81%
US Census ACS
Typical asking rent · all rentals
$2,600/mo
$2,072 low$2,842 high
Live Germantown rental comps, 23 listings
Typical days to lease
9 days
Median of 58 active Germantown listings, our nightly market scan
Short-term rental · typical
$111/night
53% occupancy · 13 active short-term listings
Short-term rental market data, Germantown
Median household income
$147K
US Census ACS
03

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.

04

How we can run it

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.