Memphis, Tennessee

Find a property manager in Memphis

Connect with experienced property management professionals who know the Memphis rental market inside and out.

Get Matched with Local Managers
70
Managers in Memphis
$1,200
Average Rent
4.8/5
Average Manager Rating

Memphis Rental Market Overview

Current market trends and statistics to help you make informed property management decisions

Annual Rent Growth
+0.7%
Year over year
Vacancy Rate
10.0%
Current market
Days on Market
29
Average rental
1BR Median
$1,000
Per month

Median Rents by Bedroom Count

1 Bedroom
$1,000
2 Bedrooms
$1,350
3 Bedrooms
$1,750

Key Economic Drivers in Memphis

Logistics & Distribution
Healthcare
Music & Entertainment
Tourism
Manufacturing

These industries drive rental demand and influence the types of tenants seeking housing in Memphis.

Why you need a local Memphis property manager

Local Market Knowledge

Memphis’s rental demand is shaped by its Logistics & Distribution and Healthcare sectors, with rents currently growing +0.7% year over year and vacancy sitting around 10.0%. A local manager knows the difference between a market like Downtown (music lovers, urban lifestyle, entertainment) and the rest of Memphis — pricing, turnover, and tenant expectations vary block by block.

Regulatory Compliance

Tennessee caps security deposits at no statutory limit. On entry notice: 24 hours notice required. And Memphis itself has no local rent control. Memphis also has its own rules on top of that, like memphis rental property registration — easy for an out-of-state or hands-off owner to miss.

Quick Response Times

Rentals in Memphis typically lease within 29 days when priced and marketed correctly — but that window closes fast. A manager physically based in Memphis can turn a unit, screen applicants, and handle maintenance calls same-day instead of coordinating everything remotely.

Popular Memphis neighborhoods we serve

Each neighborhood has unique characteristics and rental dynamics. Our property managers know them all.

Downtown

$1,100-$2,000

Beale Street, riverfront, music scene, urban revitalization

Best For:
Music lovers, urban lifestyle, entertainment

Midtown

$1,000-$1,800

Eclectic, diverse, walkable, Cooper-Young area

Best For:
Young professionals, diverse communities, walkable

Cooper-Young

$950-$1,600

Artsy, festivals, restaurants, community-oriented

Best For:
Artists, young professionals, community feel

East Memphis

$1,100-$1,900

Suburban, family-friendly, established, shopping

Best For:
Families, established areas, convenience

Overton Square

$1,000-$1,700

Entertainment district, restaurants, nightlife, walkable

Best For:
Young professionals, entertainment, urban living

And many more neighborhoods throughout Memphis

Memphis Rental Regulations

Stay compliant with local landlord-tenant laws. Our property managers are experts in Tennessee regulations.

Rent Control

No

Landlord Licensing

Rental property registration required

Security Deposit Limits

No statutory limit

Entry Notice Requirements

24 hours notice required

Special Ordinances & Requirements

  • Memphis rental property registration
  • Lead paint regulations
  • Tennessee Landlord-Tenant Act
  • Tennessee Landlord Transparency Act (HB 1814, effective Jan 1 2025) — mandatory owner/agent/emergency contact disclosures

Why this matters: Professional property managers stay current with all Memphis and Tennessee regulations, protecting you from costly compliance violations and legal issues.

How to get started

Finding a property manager in Memphis is simple with Rental Manager Match

1

Tell us about your property

Share details about your Memphis property and management needs

2

Get matched

We'll connect you with 2-3 qualified Memphis property managers

3

Choose your manager

Interview candidates and select the best fit for your property

Find your Memphis property manager

Get matched with local professionals in minutes

What happens after you submit

  • 1
    You finish 3 quick steps
    Contact, property details, preferences.
  • 2
    We shortlist local managers
    Licensed, insured, reference-checked.
  • 3
    You compare and pick, or walk away
    Zero cost. Zero pressure.
Cost to you
$0

Our matching service is completely free for property owners. No fees, no obligation, ever.

1
Contact
2
Property
3
Preferences

Where should we send your matches?

Step 1 of 3 · Takes about 30 seconds

We'll send your shortlist here. No spam, ever.

Used only to confirm your match, not shared publicly.

Secure & Private
No Obligation