Longstep Property Solutions Homes for Rent
Property Management · Raleigh

Property management
in Raleigh.

We price Raleigh 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 Raleigh sits in the Memphis area.

01

Raleigh 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 28, 2026
Median recent sale price
$155,000
319 recorded Shelby County home sales
Owner-occupied
43%
US Census ACS
Typical asking rent · all rentals
$1,315/mo
$1,142 low$1,520 high
Live Raleigh rental comps, 111 listings
Typical days to lease
45 days
Across 533 tracked Raleigh listings (285 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
$171/night
49% occupancy · 19 active short-term listings
Short-term rental market data, Raleigh
Median household income
$48K
US Census ACS
03

A bit of Raleigh history

Named for Sir Walter Raleigh, Raleigh was once a separate town with mineral springs that drew visitors in the 1800s. Annexed by Memphis in stages through the 20th century. Today bounded by Wolf River, I-240, and the Frayser/Bartlett divide.

For owners, Raleigh is a rental-demand market. Our typical-rent figure here is built on 111 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 Raleigh

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 Raleigh property management

Does Longstep manage rental property in Raleigh?

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

Typical rent in Raleigh runs about $1,315 a month, with most homes between $1,142 and $1,520 depending on size and condition, and rentals lease in a median of 45 days. The most reliable number is your own address, which you can check free above.

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

Across 19 active Raleigh short-term listings the typical nightly rate is about $171 at roughly 49% occupancy. Well-equipped, professionally managed homes tend to run above that.

What does Longstep charge to manage a Raleigh 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 Raleigh

A sample of Raleigh 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 Raleigh 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.