Longstep Property Solutions

Memphis Rental Analysis

Find out exactly what your Memphis house can rent for. Long-term, short-term, or both.

Most managers price off a handful of listings they happened to see. We track every rental in Memphis, refreshed nightly, and benchmark every competing manager. Tell us your address and we send back a clear, comp-backed number, with the actual listings behind it.

Andrew Glisson, Longstep Property Solutions

Most Memphis owners are guessing on rent, and a guess costs you both ways. Price it $150 low and that is $1,800 a year left on the table. Price it too high and it sits empty, where two slow months cost more than a full year of underpricing. The right number is the one that does neither.

1 Enter your address 2 We pull live comps for your exact property 3 Your report, usually the same day
Free, no obligation Your exact address, not an average No spam, we never sell your info

How we know

5M+
Memphis property data points analyzed, so every number we hand you is sourced and defensible
353,521
Parcels covered
every property in the county
2.1M
Sales & deed records
full ownership history
1.5M
Property events
tracked over time
260K
Owners mapped
across the market
14,000+
Rent & STR comps
real, current listings
99.9%
Profile coverage
beds / baths / size / value

Every record above, narrowed to one answer for you: what your property can rent for, today.

Every night
9,300+
active rental listings re-checked nightly for price, status and the day they disappear
Every night
200,000+
data points captured and refreshed, so your analysis reflects the market as it is today
One engine, the whole city

Everything in Memphis, turned into your property's answer

County records, deeds, permits, every live listing and nightly rate flow into one Memphis intelligence engine. Here is what goes in, and what you get back.

▶ Everything in Memphis   Your property's answer ▶
EVERY MEMPHIS ADDRESS, FULLY ANALYZED
one unified view of the local market
Short-Term Rentals

We know what makes a Memphis short-term rental earn

We track 1,950+ Memphis short-term listings and benchmark 690+ hosts and operators on occupancy, revenue, nightly rate, rating and superhost status. Because we see the whole market, we can prove what actually drives revenue here, not national averages.

2.4x
the median revenue for short-term rentals with a hot tub, versus those without.
Memphis STR, trailing 12 months
28 vs 23
photos on the top-earning listings versus the rest. Presentation compounds into revenue.
Top revenue quartile vs market
690+
Memphis STR hosts and operators benchmarked on occupancy and revenue.
Operator benchmark

Amenities that actually move Memphis STR revenue

Hot tub
2.4x
BBQ / grill
1.6x
Fireplace
1.5x
Pool
1.4x

Median annual revenue of Memphis listings with each amenity vs without. Trailing 12 months, as of June 2026.

Long-term vs short-term, head to head

For your address we compare what it earns as a long-term rental versus a short-term one, on real local performance.

What the winning listings do

Cover photo, title, amenities, photo count, superhost status: we have measured which of these earn more in Memphis, and it shapes every listing we run.

Long-Term Rentals

Know exactly how your competition prices, and beat them

We know who manages each rental in the city and exactly how they operate: photo quality, listing depth, deposit and fee norms, self-tour adoption, and how fast they fill a vacancy. 57 management companies benchmarked and counting. That is the market read that tells us precisely where your property can win.

57
Memphis property managers profiled on how they market and run listings.
Live per-manager benchmark
45%
of Memphis rental listings use professional photography. The other 55% leave money on the table.
Market-wide listing audit
~5,000
distinct active long-term rentals tracked across the MLS and major platforms, nightly.
De-duplicated listing census

Who manages it, and how well

For any competing rental we can name the manager and show how their listings stack up: photo quality, watermarking, tour options, how long their units sit.

Deposit, fee and tour norms

The going rates for deposits, application fees and self-guided touring across the market, so your terms compete on purpose.

Vacancy velocity by neighborhood

How fast rentals actually lease, area by area, so the lease-up plan is grounded in local reality.

Pricing off what's live now

The moment a competitor lists near you, it is in our data. We price against the market that exists today, not last quarter.

How the numbers get made

Where your rent number comes from

The same address, priced four ways. The difference is the data behind the number.

  Self-manage Typical Memphis PM National platform Longstep
Data behind the price A few listings you saw A handful of recent comps A national model estimate Every active Memphis listing, sourced
How fresh Whenever you last looked Last quarter, often Lags the local market Re-checked every night
Comps you can see None Sometimes No, just an estimate The real listings, shown to you
Long-term vs short-term Pick one and hope Usually one or the other One product Both, compared head to head
Knows your competition No Rarely No Every Memphis manager benchmarked

What you get back

Not a one-line estimate. A detailed owner report on your exact property: the long-term rent range with every comp behind it, the short-term revenue estimate at a realistic occupancy, the strategy that fits, and the local market read. In plain language, no jargon, no obligation.

These are the same numbers we price our own Memphis listings on.

XXXX Given Ave, Memphis
Long-term rent $1,425 / mo
Comp range $1,350 - $1,500
Short-term est. $2,180 / mo net
At occupancy 62%
The top-line summary. Your full report breaks down every comp, the strategy fit, and the local market behind these numbers.

See what your property can do

Type your Memphis address. We run the numbers and send back a clear, comp-backed analysis of what it can rent for, long-term or short-term.

A comp-backed analysis like this is the kind of work owners pay for. Yours is free. It is the same analysis we run before taking on a property, and the best way to show you we know Memphis. No pressure to switch managers, and every month you price off a guess is rent you do not get back.

Free, no obligation Your exact address, not an average No spam
Common questions

Questions Memphis owners ask

How much can I rent my house for in Memphis?

It depends on the property and neighborhood. We run your exact address against every active Memphis rental we track, refreshed nightly, and send back a long-term rent range with the comps behind it plus a short-term revenue estimate at a realistic occupancy. The analysis is free.

How accurate are Zillow and Rentometer rent estimates?

National tools run an algorithm off limited data and openly report a typical error band of 10 to 20 percent, which on a Memphis rental can be a couple hundred dollars a month. We price off real, current Memphis listings we re-check every night, and we show you the comps behind the number instead of a black-box estimate.

Should I rent my Memphis house long-term or as an Airbnb?

It depends on the property, the neighborhood, and the numbers. For your address we compare what it earns as a long-term rental versus a short-term one on real local performance, and we factor in the Memphis short-term rental permit and lodging tax, so you can decide on facts instead of a guess.

Do I need a permit to run a short-term rental in Memphis?

Yes. Memphis requires a short-term rental permit (apply fee around $300, renewal around $150) and short-term stays carry local lodging tax. Our analysis flags permit eligibility for your address so the short-term number is realistic, not theoretical.

Is it worth renting out my Memphis house or selling it?

The free analysis gives you the rent and revenue side of that decision: what the house can earn long-term or short-term, in today's market. That is the number most owners are missing when they weigh renting against selling.

Is the rent analysis really free?

Yes. It is the same analysis we run before taking on a property, and there is no obligation to work with us. We do not sell your information.

How current is the Memphis rental data?

We re-check more than 9,300 active rental listings every night, capturing new listings the day they go live, price changes, and the day a listing disappears. More than 200,000 data points are refreshed nightly, so your analysis reflects the market as it is today.

What drives short-term rental revenue in Memphis?

Based on the trailing 12 months of Memphis short-term rental data, listings with a hot tub earn about 2.4 times the median revenue of those without. BBQ or grill (1.6x), fireplace (1.5x) and pool (1.4x) also lift revenue. Top-earning listings average 28 photos versus 23 for the rest.

Do you benchmark other Memphis property managers?

Yes. We benchmark 57 Memphis management companies on photo quality, listing depth, deposit and fee norms, self-tour adoption, and how fast they fill a vacancy, so we know precisely where a given property can win.