Exploring Memphis Short-Term Rentals Near Beale Street
Memphis short-term rentals are attracting investors thanks to thriving tourism and iconic attractions, like Beale Street and Graceland. In a city renowned for its blues music and vibrant festivals such as Memphis in May, vacation rentals in Memphis see strong, year-round demand from both tourists and business travelers.
Quick Takeaways
- Over 2,200 active STR listings across Memphis in 2025
- Average Daily Rate (ADR): $146 per night
- Occupancy rates hover near 64%, trending upward YOY
- Median revenue per property rises to $38,200 (up 7% YOY)
- Flexible cancellation policies increase booking confidence
- Top tips: focus on Midtown and Downtown neighborhoods
Why Memphis Attracts Short-Term Rental Investors
Affordable home prices and robust demand make STR investing in Memphis attractive. Investors enjoy high occupancy rates, especially during local events. Downtown’s walkability to the National Civil Rights Museum and the Sun Studio offers renters unique experiences, boosting property appeal.
Market Dynamics and Performance Metrics
Memphis short-term rentals perform well due to steady tourism growth. Properties in Midtown and East Memphis see average bookings of 15+ nights a month. Annual revenue growth remains consistent, supported by repeat visits for University of Memphis events and NBA Grizzlies games.
Regulatory Environment and Host Strategies
Memphis enforces clear regulations for vacation rentals. Complying with city permitting and safety ordinances is key. Top-performing hosts emphasize locally inspired décor and guest amenities, attracting positive reviews and higher nightly rates on platforms like Airbnb.
Neighborhoods and Pricing Insights
Downtown Memphis commands premium ADR due to proximity to Beale Street. Midtown offers strong occupancy throughout the year. Investors targeting neighborhoods near the Memphis Zoo or Medical District often outperform city averages, benefiting from both leisure and business travelers.
StaySTRa Analyzer
If you’re evaluating a specific property or narrowing your investment focus, the StaySTRa Analyzer lets you plug in an address and see actual STR performance data. It’s free to use and built for investors.
Key Attractions and Local Highlights
Boost bookings by highlighting nearby attractions: plan guest visits to Graceland, explore art at the Brooks Museum of Art, or attend one-of-a-kind festivals like Memphis in May. Turning proximity into your listing’s main selling point increases rental appeal.
Conclusion: Memphis STRs in 2025
Memphis short-term rentals offer solid returns, reliable occupancy, and unique draws for tourists and professionals alike. For tailored investment advice or to explore top opportunities, connect now!
