Longstep Property Solutions Homes for Rent
Property Management · Midtown

Property management
in Midtown.

We price Midtown 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 Midtown sits in the Memphis area.

01

Midtown 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 26, 2026
Median recent sale price
$320,000
352 recorded Shelby County home sales
Owner-occupied
40%
US Census ACS
Typical asking rent · all rentals
$995/mo
$850 low$1,286 high
Live Midtown rental comps, 255 listings
Typical days to lease
57 days
Across 649 tracked Midtown listings (345 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
$140/night
58% occupancy · 513 active short-term listings
Short-term rental market data, Midtown
Median household income
$64K
US Census ACS
03

A bit of Midtown history

Memphis's eclectic urban core, Cooper-Young, Central Gardens, Overton Park, Cooper Square. Anchored by the Memphis Zoo, Brooks Museum, and Overton Park's Old Forest. Known for early-1900s craftsman bungalows, Tudor Revivals, and the city's most walkable retail districts.

For owners, Midtown is a rental-demand market. Our typical-rent figure here is built on 255 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

Homes we manage in Midtown

We already operate here. A live look at what that means on the ground.

All available rentals · Book a Memphis stay

05

How we can run it

Common questions about Midtown property management

Does Longstep manage rental property in Midtown?

Yes. Longstep manages long-term and short-term rentals in Midtown 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 Midtown?

Typical rent in Midtown runs about $995 a month, with most homes between $850 and $1,286 depending on size and condition, and rentals lease in a median of 57 days. The most reliable number is your own address, which you can check free above.

What does a Midtown home earn as a short-term rental?

Across 513 active Midtown short-term listings the typical nightly rate is about $140 at roughly 58% occupancy. Well-equipped, professionally managed homes tend to run above that.

What does Longstep charge to manage a Midtown 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 Midtown

A sample of Midtown 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 Midtown 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.