Longstep Property Solutions Homes for Rent
Property Management · Medical District

Property management
in Medical District.

We price Medical District 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 Medical District sits in the Memphis area.

01

Medical District by the numbers

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

Owner-occupied
2%
US Census ACS
Typical asking rent · all rentals
$1,573/mo
$1,349 low$2,159 high
Live Medical District rental comps, 30 listings
Typical days to lease
9 days
Median of 19 active Medical District listings, our nightly market scan
Short-term rental · typical
$125/night
52% occupancy · 34 active short-term listings
Short-term rental market data, Medical District
Median household income
$26K
US Census ACS
02

What is happening on the ground in Medical District

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
16
LessMore
below the metro typical for building activity
37 active on file
City of Memphis / Shelby County permits
Derelict / substandard structures · 24 months
7
FewerMore
below the metro typical for distressed buildings
91 routine upkeep notices (weeds, vehicles, dumping)
Memphis 311 code enforcement
Reported incidents · past 12 months
872
LowerHigher
above the metro typical
73 violent · 418 property
Memphis Police Department

Counts cover the Medical District boundary shown above. The Less/More marker places Medical District 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 Medical District history

One of the largest medical concentrations in the American South, anchored by the University of Tennessee Health Science Center, Methodist University Hospital, Le Bonheur Children's Hospital, Regional One Health, and Baptist Memorial Hospital. The district underwent extensive coordinated redevelopment beginning in 2014 under the <a href="https://memphismedicaldistrict.org" rel="noopener" target="_blank">Memphis Medical District Collaborative</a>, with new mixed-use housing, retail, and the Edge District-adjacent Crosstown corridor.

For owners, Medical District is a rental-demand market. Our typical-rent figure here is built on 30 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

Properties in Medical District

A sample of Medical District 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 Medical District 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.