Is Airbnb profitable in Memphis, TN?
Yes — operating a short-term rental in Memphis, TN can be highly profitable. Memphis, TN Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $30,938 and achieving a 52% occupancy rate. With around 1,399 active vacation rentals on the market, Memphis, TN offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
How much have home values changed YoY in Memphis, TN?
According to Zillow's Home Value Index Methodology, homes in Memphis, TN have depreciated by -0.24% over the last year.
What is the median home value in Memphis, TN?
As of August 2025, the Zillow Home Value Index shows a typical home value of $150,448 in Memphis, TN.
How many short-term rentals are active in Memphis, TN?
There are 1,399 active short-term rentals, with an average daily rate of $264, resulting in an approximate annual revenue of $30,938 per property.
When is the highest demand for Airbnb in Memphis, TN?
From the occupancy rate standpoint and demand data, November, March, and October are the top performing months in Memphis. The occupancy rate in November is 65% and average daily rate is $231. The occupancy rate in March is 65% and average daily rate is $268. The occupancy rate in October is 64% and average daily rate is $266.
Is Memphis, TN investor-friendly for short-term rentals?
Memphis, TN is considered Investor-Friendly for short-term investments. See Memphis, TN Rental Regulations for more information.
