Airbnb Market Analytics & Investment Insights
Annual Revenue
$13,640
Based on 2154 full time Airbnb rentals
Average Daily Rate
$271
Gross Yield
9.00%
#5 in the USOccupancy Rate
54%
As of June 2025, Homes in Memphis have depreciated by -0.24%, with the median home value standing at $150,448, according to Zillow.
There are currently 2,154 active short-term rentals in Memphis. The average daily rate for these rentals is $271. This translates to an annual revenue of $13,640 for short-term rentals as of June 2025.
Memphis is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$271
Occupancy Rate Trend
54%
Let our agents guide you to the best short-term rental investments in Memphis
Active Short-Term Rentals
2154
As of June 2025, the average gross yield for short-term rentals in Memphis is 9.00%. However, potential investors should also consider the average property tax, which stands at 112.20% according to SmartAsset.
The median household income in Memphis is $58,231.
As of June 2025, the occupancy rate for Airbnb rentals in Memphis is 1%, which is lower than the average occupancy rate for the United States.
As of June 2025 The unemployment rate in Memphis is 3.8%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in Memphis include a Outdoor shower, Mosquito net, and Sauna.
Memphis is a popular destination for travelers, with Airbnb demand coming from cities like Memphis, TN (5.00% of all guests), Nashville, TN (3.23% of all guests), and Chicago, IL (2.40% of all guests).
The top short-term rental hosts in Memphis include Andrew, The Rambler and Lisa. These hosts have an average rating of 4.93, 4.69 and 4.97 respectively.
The most popular property types in Memphis are 2-bedroom units, with an average daily rate of $271 and an annual revenue of $27,156.
The average booking lead time for short-term rentals in Memphis is 48.55260304247991 days.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 745 | 70% | $114 | $29,127 |
| 1 Bedroom | 578 | 59% | $116 | $24,981 |
| 2 Bedroom | 475 | 60% | $124 | $27,156 |
| 3 Bedroom | 231 | 55% | $142 | $28,507 |
| 4 Bedroom | 83 | 52% | $173 | $32,835 |
| 5 Bedroom | 64 | 50% | $166 | $30,295 |
Connect with a lender specializing in short-term rentals in Memphis