Property management
in Millington.
An owner-heavy, appreciation-led market. We price every Millington 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 Millington sits in the Memphis area.
Millington 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 Millington history
In 1878 George Millington donated land to settlers on the condition the new town be named for him. Chartered by Tennessee in 1903. Park Field opened as a U.S. Army aviation training site in WWI; the Navy took it over in 1942, and in 1949 it became Naval Air Station Memphis. Today Naval Support Activity Mid-South is one of the largest single employers in Tennessee.
For owners that translates to a buy-and-hold market: values are up about 30% over five years, and 53% 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 Millington property management
Does Longstep manage rental property in Millington?
Yes. Longstep manages long-term and short-term rentals in Millington with one local team, in-house cleaning and maintenance at cost, and every fee disclosed up front.
What are home values doing in Millington?
Homes in Millington are worth about $241,551 on the Zillow Home Value Index, up 29.9% over the past five years and +1.8% in the past year.
What does Longstep charge to manage a Millington 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 Millington
A sample of Millington 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 Millington 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.