The 22 Best Property Management Companies in Memphis for 2022

The 22 Best Property Management Companies in Memphis for 2022

Last Updated: June 20, 2022

Over the course of two weeks, we compiled a list of all legally operating property managers in Memphis and compared their service offerings, pricing and feedback from actual Memphis landlords to identify the best of the best.

Reedy & Company

Reedy & Company is a residential-only real estate and property management company with more than 40 years of experience in the Memphis market.

  • Address: 4701 Summer Ave, Memphis, TN 38122
  • Phone: 901-842-0805
  • Service Types: Residential only
  • Years in Business: 40+ years
  • Rentals Managed: 3,500+
  • Better Business Bureau: A
  • Management Fee(s): Contact for pricing
  • Tenant Placement Fee(s): one-half of first month’s rent

Reedy works with both single and multi-family homes, helping both investors and property owners to earn the maximum rental income possible while minimizing expenses. They can help you to either locate the ideal rental property or find the optimal price point to list your existing property for. Reedy’s full-service management includes marketing, showings, screening, and leasing as well as daily responsibilities like rent collection or maintenance calls. They have an in-house maintenance staff that means time and cost-effective maintenance and renovations that help add value, keep tenants happy, and protect your investment. Accounting is provided along with all management plans that provide financial summaries and inspection reports, accessible through the owner portal 24/7.

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Evernest Memphis

Evernest Memphis is the local branch of national property management brand Evernest, providing residential management services to property owners across the Memphis area.

  • Address: 5050 Poplar Ave, Ste 1517, Memphis, TN 38157
  • Phone: 901-842-5730
  • Service Types: Residential only
  • Years in Business: 14+ years
  • Rentals Managed: 6,000+
  • Better Business Bureau: N/A
  • Management Fee(s): $89 – $179 per month depending on plan or 8% of monthly rent for 2+ properties
  • Tenant Placement Fee(s): 50% of one month’s rent with the investor and gold plans
  • Lease Renewal Fee(s): $150 – $200, depending on plan
  • Miscellaneous Fee(s): $149 annual inspection with the investor and gold plans

Evernest takes the hassle out of managing your property with a data-driven approach that ensures a positive return on investment. They offer full-service management that addresses all aspects of renting your home, from assisting with property purchases to processing evictions. Leasing services start with a rental analysis to price the property and create a marketing plan that fills your vacancy quickly so your income stays consistent. Finding a reliable tenant that keeps your property safe is one of their top priorities, which is why they thoroughly screen all tenants for rental, credit, and criminal history prior to approval. Evernest also handles drafting the lease, security deposit escrow, and move-in procedures, so you can be completely hands-off. During the tenancy, they collect the rent, coordinate regular and emergency maintenance, perform routine inspections, communicate with the tenant, and process lease renewals and evictions.

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Reed & Associates of TN, LLC

Reed & Associates specializes in the acquisition and management of single-family homes throughout the Greater Memphis area.

  • Address: 269 Germantown Bend Cove, Cordova, TN 38018
  • Phone: 901-758-2511
  • Service Types: Residential and commercial
  • Years in Business: 32+ years
  • Rentals Managed: 700+
  • Better Business Bureau: A+
  • Management Fee(s): 10% of rent collected
  • Tenant Placement Fee(s): 50% of one month’s rent
  • Lease Renewal Fee(s): $250
  • Miscellaneous Fee(s): $75 periodic inspections

Reed provides a free rental analysis to all property owners and a market analysis for investors looking to buy a rental property. Their extensive experience in the market allows them to identify valuable investment properties and price them for rent at the optimal rate that attracts the right tenants with maximum income. They can manage your rental property throughout all stages of leasing, including preparing it for leasing, marketing the property, screening applicants, and drafting the lease before tenancy and rent collection, emergency maintenance, phone support, bill payment, eviction processing, and accounting services during the lease term. Tenants will receive access to the tenant portal where rent can be paid or maintenance can be requested at any time, making it easy and convenient to be paid while maintaining the safety of your tenants and your property.

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RiverTown Realty LLC

RiverTown Realty is a small-scale property management and real estate company serving both commercial and residential properties throughout the Greater Memphis area.

  • Address: 310 Germantown Bend Cove #101, Cordova, TN 38018
  • Phone: 901-321-5260
  • Service Types: Residential and commercial
  • Years in Business: 3+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 10% of monthly rent
  • Tenant Placement Fee(s): 100% of first month’s rent (min. $850) for tenant placement only

RiverTown helps investors and homeowners make the most out of their rental property investment. Whether you need to find the right property or have a property all set to rent, they can help with full-service and personalized service plans. They conduct all processes necessary to get you started with earning rental income, including marketing, conducting showings, screening tenants (including pets), and drafting leases. As part of their management plans, they’ll also take care of collecting the rent, answering calls from tenants, conducting maintenance, inspecting the property regularly, and processing evictions as needed. RiverTown has an in-house maintenance team that comes with a 1-year guarantee on all service as well as protection against pet damages for any pet screened by them that causes up to $3000 in damage during tenancy. They also protect against tenant damage up to $5000 past the security deposit and cover eviction costs up to $2500, helping to add value and reduce risk by using their services.

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HomeRiver Group Memphis

HomeRiver Group Memphis works with residential property owners and investors in Memphis to provide comprehensive management services that help you achieve a profit.

  • Address: 2605 Nonconnah Blvd. Ste 150, Memphis, TN 38132
  • Phone: 901-641-3200
  • Service Types: Residential only
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: B
  • Management Fee(s): 8 – 10%, depending on number of units (less for 20+ units)
  • Tenant Placement Fee(s): 50% of one full month’s rent
  • Lease Renewal Fee(s): $250

HomeRiver can work with you from any step of your rental property investment. Their realty services can help identify investment opportunities in the local market that would provide solid rental income for your portfolio. They also entirely take over the operations of your residential rental property by marketing it and finding quality tenants to place in your home that take care of it so that your expenses stay low. HomeRiver has in-house maintenance staff and relationships with local vendors and maintenance teams throughout the area which helps them to provide fast and efficient maintenance that prevents catastrophes and keeps costs down while still resolving problems quickly to keep tenants happy. Tenants can request maintenance or pay their rent 24/7 through the tenant portal and owners can access financial and inspection reports through the owner portal at any time as well, keeping you informed at all times.

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Enterprise Property Management, Inc.

Enterprise Property Management is a residential-only management company that also offers real estate services through their sister company EPM Real Estate, a Memphis realtor.

  • Address: 825 Timber Creek Drive, Suite 101, Cordova, TN 38018
  • Phone: 901-260-0206
  • Service Types: Residential only
  • Years in Business: 19+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): 9%
  • Tenant Placement Fee(s): $595 or 50% of first month’s rent; whichever is greater
  • Lease Renewal Fee(s): $199 – $250, depending on property type
  • Miscellaneous Fee(s): $99 property management transfer fee, $199 if re-leasing with EPM

Enterprise works with you to identify your needs and expectations for your investment. Whether you are looking to buy a property to lease or just want to lease your own property, EPM can help you evaluate the rental potential and get started with preparing it to be leased. They offer tenant placement services separately or as part of full-service management plans, which includes a rental analysis, advice on renovations or maintenance to be done, online marketing of the property with professional photography, showing the property, screening tenants, and negotiating the lease. During tenancy, they take over the day-to-day needs of the property which includes quarterly inspections, upkeep and landscaping, maintenance calls, rent collection, and eviction processing as well as accounting to keep track of your investment at all times.

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Crestcore Realty, LLC

Crestcore Realty is a full-service residential property management and brokerage company serving West Tennessee, including Memphis.

  • Address: 4435 Summer Ave, Memphis, TN 38122
  • Phone: 901-385-3119
  • Service Types: Residential only
  • Years in Business: 9+ years
  • Rentals Managed: 2,400+
  • Better Business Bureau: A
  • Management Fee(s): 10%
  • Tenant Placement Fee(s): 75% of one month’s rent

Crestcore wants to help you build financial security through cost-effective property management whether you own a property or need to find the right investment. They offer free rental analysis of your property that tells you how much you can expect to earn in rent and provide renovation options that can help you to increase that income, as well as preparation services to get your property ready to lease. Services available include marketing, showings, screening, and leasing as well as day-to-day management services that include rent collection, maintenance calls, and eviction processing with an emphasis on maintaining legal compliance at all stages of the rental process so that you can avoid costly mistakes. Crestcore has their own in-house maintenance team which helps keep costs and timeframes down which means happier tenants that continue to pay on time so that you can enjoy consistent rental income.

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Realty Capital Management, LLC

Realty Capital Management works with residential property owners and investors throughout the Greater Memphis area.

  • Address: 3102 Kirby Whitten Rd, Memphis, TN 38134
  • Phone: 901-410-8687
  • Service Types: Residential only
  • Years in Business: 7+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Realty Capital works to minimize your risk as a property owner through minimizing costs, ensuring cash flow, and providing exceptional communication that keeps you informed and your tenants happy at all times. They work with investors looking to buy real estate as well as property owners looking to earn rental income by providing full-service residential management that includes all duties before and after tenancy. Realty Capital offers free rental analysis to help price your listing and property preparation to take it from a home or new purchase to lease-ready quickly. Their marketing aims to reach as many potential tenants as possible, all of which are screened for reliability to minimize the risk of nonpayment or damages causing eviction and the disruption of cash flow. During tenancy, rent is collected and deposited directly in your account and any maintenance that is required is coordinated and handled by their team or licensed contractors that ensures things are done correctly quickly, and for the right price.

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Meridian Property Management

Meridian Property Management offers residential property management for individual units and communities alike throughout the Greater Memphis area.

  • Address: 2760 Colony Park Dr #103, Memphis, TN 38118
  • Phone: 901-300-3266
  • Service Types: Residential and HOA
  • Years in Business: 9+ years
  • Rentals Managed: 450+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Meridian supports all types of residential properties, including communities and HOAs, with full-service management that spans from pre-lease to post-lease so that you can sit back while you earn rental income. Their services begin with effective marketing that attracts a wide range of potential tenants so that their strict screening process can identify the right tenants for your property from that pool. They’ll draft the lease and manage the security deposit, ensuring that all legal documentation and processes are conducted according to Landlord-Tenant laws so you can avoid costly fines or problems down the road. During the lease, Meridian collects rent for you and deposits it into your account while also answering maintenance calls 24/7 so your property stays protected during tenancy. As part of their HOA services, they handle bookkeeping, due collection, regulation enforcement, and evictions to help maintain a high quality of living in your community that keeps tenants happier and property value high.

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Memphis Property Management Professionals, MPMP, LLC

Memphis Property Management Professionals offers comprehensive property management and HOA management to residential and commercial properties in Memphis and the surrounding areas.

  • Address: 564 Trinity Creek Cove, Cordova, TN 38018
  • Phone: 901-756-5776
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 11+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

MPMP works with all types of properties and communities, offering comprehensive management services that aim to maximize profits and minimize expenses. They provide a rental market analysis to help you find ways to increase the rental income you can expect and to price your property accordingly using a wide range of comparables and local market experience. They also market the property, screen tenants, draft the lease, manage the security deposit, and prepare the property to be leased with initial inspections that outline the current conditions to protect your right to the security deposit. During tenancy, MPMP collects the rent, performs upkeep, answers emergency maintenance calls 24/7, responds to tenant communication, oversees evictions, and provides monthly financial updates that keep you informed at all times.

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Real Property Management Investor’s Choice

Real Property Management Investor’s Choice is a comprehensive, full-service property management company that works with all types of property and communities throughout Memphis.

  • Address: 2840 Summer Oaks Dr #103, Bartlett, TN 38134
  • Phone: 901-746-8311
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 5+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): $83 – $230+, depending on plan
  • Tenant Placement Fee(s): 50 – 100% of one month’s rent with a management plan, 100% of one month’s rent for tenant placement only
  • Lease Renewal Fee(s): $150 – $200, depending on plan

RPM offers a wide range of property management and value-adding services for property owners throughout Memphis. They work to market and place tenants in properties, draft leases and handle security deposits, and collect rent and perform maintenance for properties under their care that allows you to be hands-off with your rental property while they handle all day-to-day responsibilities. As part of their HOA and property management services, they also provide upkeep, landscaping, budgeting and bill payment, dues collection, regulation enforcement, and legal compliance in all facets of your association or common interest community. Their goal is to make managing your community or leasing your property simple, stress-free, and cost-effective with comprehensive services that address everything you need to keep members and tenants happy.

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Lubin Property Management

Lubin Property Management offers real estate brokerage and property management for both commercial and residential properties in Memphis.

  • Address: 2595 Broad Street, Memphis, TN 38112
  • Phone: 901-272-0100
  • Service Types: Residential and commercial
  • Years in Business: 12+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Lubin is part of a collection of sister companies that provide everything from financing to real estate to property management of all types of properties. They aim to be a one-stop shop for real estate services that emphasize a personalized touch, customized service, and maximized ROI. Lubin can help you to find your rental property or lease your existing property for the right price thanks to market research and rental analysis that provides an overview of the market. Properties are marketed throughout all the major rental listing sites for maximum visibility with a property manager conducting showings as soon as possible to help minimize vacancy. Tenants are screened for rental, income, and criminal history and all leases are guaranteed to be legally compliant with security deposits being held according to local regulations. They’ll also collect rent for you through their 24/7 portal and deposit it directly into your account, answer maintenance calls 24/7 with 48-hour turnaround, and process evictions as needed so that you can get back to earning rental income ASAP.

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Broadmoor Property Management

Broadmoor Property Management is a comprehensive management company offering full-service residential, commercial, and HOA coverage throughout Memphis.

  • Address: 3092 Poplar Ave # 17, Memphis, TN 38111
  • Phone: 901-276-3607
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 18+ years
  • Rentals Managed: 1,100+
  • Better Business Bureau: A
  • Management Fee(s): Contact for pricing

Broadmoor can help you to get started with a rental property, help you start earning rental income, or streamline your existing community management. They aim to protect your investment, maximize return, and minimize stress by taking care of all responsibilities related to leasing your property or managing your community, regardless of its size. On top of real estate services, Broadmoor preps, markets, and leases your property to pre-screened tenants that meet their strict criteria while still adhering to Fair Housing laws. They also manage all maintenance, rent collection, communication, and evictions for residential and commercial properties. Their HOA and community services include taking over bookkeeping, budget advice, due collection, rule enforcement, board organization, meeting establishment, and community building services that help to make your community or HOA more efficient, cost-effective, and valuable.

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Hassle Free Homes

Hassle Free Homes is a residential property management company that provides long-term leases for property owners throughout Cordova, Memphis, and the surrounding areas.

  • Address: 1148 Vickery Ln #5, Cordova, TN 38016
  • Phone: 901-286-2668
  • Service Types: Residential only
  • Years in Business: 13+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Hassle Free Homes is a unique management company due to the fact that instead of finding tenants for you to lease to (and acting as agents on the deal), they lease your property directly from you and then sublease to tenants. This allows you to secure a long-term deal at a fixed rate that makes it clear what you will earn, with a guaranteed income and lesser risk of liability in the case that something goes wrong. They conduct all marketing, leasing, and daily responsibilities associated with the property with an added incentive to protect the property and their personal investment which means diligent management and your best interests at heart.

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PMI of Memphis

PMI of Memphis offers residential and commercial property management to property of all sizes, including residential communities and mixed-use retail spaces.

  • Address: 2851 Shelby St., Bartlett, TN 38134
  • Phone: 901-231-1143
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 7+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

PMI of Memphis is a local branch of national brand PMI who offers large-market resources and experience with small-market personalization. Their services are comprehensive, offering support for all types of property and community that includes marketing, tenant screening, leasing, rent collection, and maintenance that is backed by a number of guarantees. These guarantees protect you from certain unexpected expenses that may arise such as damage to the property or problems with the service, in which case you may not be liable for your monthly management fee. On top of these guarantees, PMI of Memphis includes accounting services for all properties under contract as well as community management services like bookkeeping and board organization residential HOAs.

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Advantage Property Management LLC

Advantage Property Management is a full-service residential property manager that operates in the Greater Memphis area.

  • Address: 830 Willow Tree Cir, Ste 100, Cordova, TN 38018
  • Phone: 901-347-3148
  • Service Types: Residential only
  • Years in Business: 13+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Advantage provides customized solutions that meet and exceed your expectations thanks to personalized care powered by years of market experience. They work to protect your investment through diligent inspections, preventative maintenance, and 24/7 emergency support that helps to mitigate the risk of costly damages during tenancy. They also take care of all necessary steps to get your property rented by highly qualified tenants thanks to extensive screening. With Advantage, you can sit back and allow your rental property to earn you rental income without the stress of managing daily duties like collecting rent or answering calls from tenants, plus you’ll get financial reports regularly that outline how your investment is performing so that you can see the value it creates in real time.

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Weichert Realtors – SPM Property Management

SPM Property Management is a division of Weichert Realtors that provides real estate and management services to commercial and residential properties as well as HOAs throughout the Memphis area.

  • Address: 6520 Stage Rd Suite 204, Bartlett, TN 38134
  • Phone: 901-800-8273
  • Service Types: Residential, commercial, and HOA
  • Years in Business: 16+ years
  • Rentals Managed: 280+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

SPM is a comprehensive, full-service management company that can handle any aspect or step of your investment process. They work with investors to find rental properties to purchase, advise on how to increase rentability or rental value, and prepare the property to be marketed throughout all the major listing sites like Zillow or Trulia so that your vacancies are filled ASAP. Your property is shown as an open house with agent-guided tours that engage potential applicants who are screened rigorously to ensure that your property is in good hands. They also handle all leasing, security deposit, and legal matters relating to the tenancy so you don’t have to. During the lease, they collect the rent, answer calls, conduct maintenance and upkeep, and conduct inspections of the property regularly to prevent costly catastrophes. As part of their management services they also offer accounting for property management and bookkeeping, budgeting, and other financial services to HOAs and communities to help keep things organized, on budget, and timely. HOA management includes common area and community upkeep, organization and overseeing of projects, community building, delinquency reporting, and marketing support.

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901 Real Estate Services

901 Real Estate Services provides the “901” area code with residential-only management and real estate services for all types of residential properties.

  • Address: 420 S. Front St #105, Memphis, TN 38103
  • Phone: 901-399-8500
  • Service Types: Residential only
  • Years in Business: 15+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: N/A
  • Management Fee(s): Contact for pricing

901 RES emphasizes finding the right tenant for your property and keeping them happy to ensure minimal turnover and vacancy so that you can lower your expenses. They are full-service managers that take care of all aspects of the rental process as well as working to broker real estate sales of investment properties that will be leased. Marketing is a major focus, advertising locally and online through all major listing sites and MLS to find the highest quality tenants that pay rent on time, maintain your property, and elect to sign longer leases. Once under lease, they assume all responsibility for day-to-day management, including rent collection, upkeep, emergency maintenance, and evictions (if necessary) so that you can sit back and relax. Accounting is provided through the owner’s portal where you can find profit/loss statements, inspection reports, and tax information at any time.

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Bluff City Management

Bluff City Management is a full-service property management and real estate company that works with commercial and residential properties throughout Memphis.

  • Address: 5394 Estate Office Dr #3, Memphis, TN 38119
  • Phone: 901-495-2120
  • Service Types: Residential and commercial
  • Years in Business: 7+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Bluff City management works to optimize your profits with cost-effective, full-service property management for all types of property. They work to keep your property in exceptional condition through regular maintenance and inspections as well as rigorous tenant screening that ensures your tenant respects the property during their lease. Pre-lease services include real estate brokerage, property preparation, marketing, tenant screening, and leasing with management services that include rent collection, inspections, maintenance, emergency support line, and evictions. Tenants can pay their rent or request maintenance at any time through the 24/7 tenant portal while owners can access financial summaries, inspection reports, and tax documentation through the owner portal to stay on top of your investment.

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Wright Property Management

Wright Property Management is an association management company that works with both residential and commercial communities throughout Memphis.

  • Address: 5050 Poplar Ave #920, Memphis, TN 38157
  • Phone: 901-327-7916
  • Service Types: HOA only
  • Years in Business: 16+ years
  • Rentals Managed: Unknown
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Wright wants to make your association run more smoothly through comprehensive HOA and CID management. They provide a variety of bookkeeping services like budgeting, processing collections and invoices, providing balance sheets, and creating other reports that allow you to see the financial health of the association at a glance. Board meetings can be arranged with notices, transcripts, and voting records provided as well as providing ballots to vote for an initial formation of the board. Maintenance of common areas and properties is also available to help maintain the quality of the community as a whole while ensuring all tenants can enjoy a high quality of living.

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Fogelman Properties, Inc.

Fogelman Properties is a long-standing residential property management and real estate investment company that specializes in multi-family properties throughout the Greater Memphis area.

  • Address: 6060 Poplar Ave #200, Memphis, TN 38119
  • Phone: 901-767-6500
  • Service Types: Residential only
  • Years in Business: 58+ years
  • Rentals Managed: 28,000+
  • Better Business Bureau: A+
  • Management Fee(s): Contact for pricing

Fogelman has more than 5 decades of experience providing full-service residential property management to apartments across the country. They work with investors to identify investment opportunities in the multi-family real estate market that provide above-average returns in combination with their management services. As part of the full-service management, Fogelman prepares the property for lease, including making renovations to add value. They also market it, conduct showings for each unit, screen all applicants, and draft legally-compliant leases that help protect your investment. During tenancy, they collect rent, answer maintenance calls, and act as the point of contact for all tenants in addition to staffing the property as needed. They utilize a full integrated platform that makes it easy to keep track of all operations, accounting, and marketing strategies in one place to streamline the management process, keep expenses down, and shorten timelines for projects so that you can enjoy a more profitable investment experience.

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Marathon Management

Marathon Management works with both residential and commercial properties throughout the Greater Memphis area.

  • Address: 310 Germantown Bend Cove #103, Cordova, TN 38018
  • Phone: 901-757-4018
  • Service Types: Residential and commercial
  • Years in Business: 16+ years
  • Rentals Managed: 1,500+
  • Better Business Bureau: A-
  • Management Fee(s): Contact for pricing

Marathon is a full-service property manager that aims to make it simple for property owners to earn rental income. They handle all aspects of the leasing process, which starts with rental analysis to identify your ideal listing price and options for how to increase your potential rental income. Once the property is prepared for leasing, it is marketed extensively and shown to potential tenants who must pass a screening process that checks their rental, criminal, and credit history to ensure they are a high-quality tenant that is unlikely to cause additional expenses. They provide a wide range of payment methods that includes 24/7 online payment or payment at a local store which helps to make sure that your rent is collected and you are paid in a timely manner. Marathon also answers all maintenance calls from everyday to emergency and organizes a swift and cost-effective repair as soon as possible to both protect your property and maintain a high quality of living for your tenant.

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