How is Memphis performing?
91
Great
99
Investability
34
Rental Demand
33
Revenue Growth
86
Seasonality
41
Regulation
Annual Revenue
$15.7K
+3%
past year
Occupancy Rate
45%
+4%
past year
Average Daily Rate
$178.2
+3%
past year
Revenue per Available Rental (RevPAR)
$79
+6%
past year
Memphis Performance Details
Total available listings
3,028
+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 (35%)
91-180 nights (22%)
181-270 nights (16%)
271-365 nights (28%)
Listings by rental type
Entire Home (93%)
Private Room (6%)
Shared Room (1%)
Listings by Cancellation Policy
Flexible (23.2%)
Moderate (53.7%)
Strict (22.4%)
Super Strict (0.7%)
Listings by Minimum Stay
1 Night (0.1%)
2 Nights (34.3%)
3 Nights (11.5%)
4-6 Nights (3.6%)
7-29 Nights (5.6%)
30+ Nights (44.9%)
What amenities do listings have?
Aircon
99%
Internet
99%
Wireless Internet
97%
Kitchen
93%
Heating
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Patriot Family Homes | 33 | -0.0% | 645 | 4.42 |
KeyTree | 22 | -0.4% | 1513 | 4.34 |
Downtown Monthly | 22 | 0.5% | 65 | 4.35 |
Pettigrew Adventures | 21 | 0.2% | 4970 | 4.92 |
Evolve | 18 | -0.4% | 335 | 4.73 |
Occupancy
Occupancy Rate
45%
+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
$1,572,447
+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)
$45
+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
$45
-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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