How is Memphis performing?
89
Great
99
Investability
36
Rental Demand
34
Revenue Growth
84
Seasonality
37
Regulation
Annual Revenue
$15.4K
+3%
past year
Occupancy Rate
46%
+4%
past year
Average Daily Rate
$176.1
+3%
past year
Revenue per Available Rental (RevPAR)
$80.4
+6%
past year
Memphis Performance Details
Total available listings
3,061
+3%
past year
Listings by rental channel
Airbnb (57%)
Vrbo (10%)
Both (33%)
Listings by rental size
1 Bedroom (38%)
2 Bedroom (24%)
3 Bedroom (21%)
4 Bedroom (10%)
5+ Bedroom (7%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (37%)
91-180 nights (20%)
181-270 nights (17%)
271-365 nights (26%)
Listings by rental type
Entire Home (94%)
Private Room (6%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (24.4%)
Moderate (51.9%)
Strict (23.2%)
Super Strict (0.4%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (33.6%)
3 Nights (12.3%)
4-6 Nights (3.5%)
7-29 Nights (5.4%)
30+ Nights (45.1%)
What amenities do listings have?
Internet
99%
Aircon
99%
Wireless Internet
98%
Kitchen
94%
Heating
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Patriot Family Homes | 33 | -0.1% | 678 | 4.42 |
Landing, Inc. | 24 | 2.0% | 3 | 4.33 |
Pettigrew Adventures | 24 | 0.3% | 5087 | 4.92 |
Downtown Monthly | 24 | 0.5% | 71 | 4.39 |
KeyTree | 24 | -0.3% | 1715 | 4.31 |
Occupancy
Occupancy Rate
46%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$1,541,984
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$46
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$46
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
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