Back to TN

Memphis

Shelby County, TN

STR Investment Grade

Transparent Scoring
C
54/100
⚠️ CAUTION
Score Breakdown
💰Cash-on-Cash
35/35
🏠Affordability
25/25
📅Year-Round Income
12/15
🤝Landlord Friendly
10/10
📈Room to Grow
15/15
Cash-on-Cash
32.7%
Elite (20%+)
Median Home
$141K
Highly Affordable
Room to Grow
15/15
Excellent Headroom
⚠️

STR Regulations Apply

Registration and permit required

Memphis requires STR registration and permits. Enforcement has increased in recent years.

Permit: Moderate
Grade Impact: Base score of 97/100 would be grade A+, but capped at C (54/100) due to regulation risk.
Verified data as of February 2026 · Regulations change frequently
📞 How to Verify
Call the Memphis City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Many cities have active short-term rentals operating legally with permits — restrictions don't always mean it's impossible.

Why Memphis?

Rural Market

What drives short-term rental demand here

🌾
Rural & Country Market

Privacy seekers and remote workers fuel growing demand for secluded, nature-adjacent stays.

📈
Growing Market

Population and economic growth signal increasing demand and property appreciation potential.

🎯
Tourism Draw

Local attractions and tourism infrastructure drive steady visitor traffic year-round.

Will This Deal Work?

Investment Grade
C
Elite (20%+)
CoC: 32.7%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

This market has STR regulations to be aware of. Many hosts operate successfully with proper permits. Research local ordinances before committing.

💵
$145
Avg ADR
📅
58%
Occupancy
💰
$2,523
Monthly Revenue
🏠
$141K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$883
2BR
$1,640
3BR
$2,523
4BR
$3,658
5BR
$4,541
6BR+
$5,424
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEHot Tub
+20%
HIGH IMPACTFire Pit
+12%
HIGH IMPACTPrivacy/Seclusion
+15%
HIGH IMPACTOutdoor Space
+10%
NICE TO HAVEGame Room
+14%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $5,424/month
2
Add a Hot Tub
Boost revenue by +20%
3
Target $3,154/month
Top 25% performer income goal

📋 Regulation Status

RegulatedPermit: ModerateVerified Data

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

See active short-term rentals in this market

View Listings on Airbnb

Opens Airbnb.com in a new tab to view real listings and pricing in this market

Take the Next Step

Find homes, agents, and lenders in this market

Opens Zillow.com in a new tab

Want Jeff's Team to Help You Close?

Our coaching students get matched with vetted agents and STR-friendly lenders

Learn More
📊

Run the Numbers on a Property

Free STR calculator with comp data for any address

Ready to Invest?

See how our students earn $2K–$4K/mo from rural Airbnbs — even as first-time investors.

Apply Now

Memphis, Tennessee is rated C for Airbnb investment with a score of 54/100 (CAUTION). The market has an average daily rate (ADR) of $145, 58% occupancy, and estimated monthly STR revenue of $2,523. Median home value is $141,489 with a cash-on-cash return of 32.7%. STR regulation status: Regulated. Data powered by Edge by Teeco using estimated market data.