Property management
in Parkway Village.
We price Parkway Village 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 Parkway Village sits in the Memphis area.
Parkway Village by the numbers
The same data we use to price and underwrite our own portfolio, with the sample behind each figure shown.
What is happening on the ground in Parkway Village
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.
Counts cover the Parkway Village boundary shown above. The Less/More marker places Parkway Village 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.
A bit of Parkway Village history
Postwar Southeast Memphis suburb developed in the late 1950s and 1960s as one of the city's first large planned subdivisions, named for the parkway-style streets that defined its layout. The neighborhood grew along Winchester and Lamar with single-family ranch homes and was originally marketed as a quintessential mid-century middle-class community. Today <a href="https://en.wikipedia.org/wiki/List_of_neighborhoods_in_Memphis,_Tennessee" rel="noopener" target="_blank">Parkway Village</a> is one of the most ethnically diverse neighborhoods in Memphis.
For owners, Parkway Village is a rental-demand market. Our typical-rent figure here is built on 29 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.
How we can run it
Common questions about Parkway Village property management
Does Longstep manage rental property in Parkway Village?
Yes. Longstep manages long-term and short-term rentals in Parkway Village 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 Parkway Village?
Typical rent in Parkway Village runs about $1,310 a month, with most homes between $1,184 and $1,360 depending on size and condition, and rentals lease in a median of 43 days. The most reliable number is your own address, which you can check free above.
What does Longstep charge to manage a Parkway Village 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 Parkway Village
A sample of Parkway Village 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 Parkway Village 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.