Property management
in University Lane.
We price University Lane 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 University Lane sits in the Memphis area.
University Lane 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 University Lane
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 University Lane boundary shown above. The Less/More marker places University Lane 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 University Lane history
North Memphis residential area along the corridor adjacent to <a href="https://en.wikipedia.org/wiki/Rhodes_College" rel="noopener" target="_blank">Rhodes College</a> and the broader University Lane neighborhood, developed across the early-to-mid twentieth century as residential housing for college and medical-district workers.
For owners, University Lane is a rental-demand market. Our typical-rent figure here is built on 27 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 University Lane property management
Does Longstep manage rental property in University Lane?
Yes. Longstep manages long-term and short-term rentals in University Lane 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 University Lane?
Typical rent in University Lane runs about $1,425 a month, with most homes between $1,293 and $1,741 depending on size and condition. The most reliable number is your own address, which you can check free above.
What does Longstep charge to manage a University Lane 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 University Lane
A sample of University Lane 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 University Lane 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.