Data updated 2026-06-29 · 408 active rental listings analyzed · 666 SFR sales in comp window
$1,225
3BR Median Rent
$141K
Median SFR Price
6.0%
Est. Cap Rate
10.5%
Gross Yield
Rental Market by Bedroom — Whitehaven
Median asking rent, interquartile range, and active comp count. Source: live Memphis MLS rental listings, updated 2026-06-29.
Size
Median Rent
Typical Range (P25–P75)
Active Comps
1BR
$780/mo
$699 – $910
46 listings
2BR
$950/mo
$775 – $995
117 listings
3BR
$1,225/mo
$1,065 – $1,350
184 listings
4BR
$1,400/mo
$1,295 – $1,550
56 listings
5BR
$1,550/mo
$1,295 – $1,800
5 listings
Investment Return Estimate
At the median Whitehaven SFR sale price of $140,500, using median 3BR rent. Estimates assume 8% management fee, $1,967/yr taxes, $1,100/yr insurance, and $1,176/yr maintenance reserve.
Our numbers come from an operated book, not estimates. Across 35 LPS-managed STR properties with at least 4 months of operational history, our portfolio runs within 0.1 percentage point of each property's own-zip Airbtics market median occupancy — at-market, verified against two independent commercial data sources. For LTR, we reference 408 live competing Whitehaven listings to price each door, updated weekly.
We don't claim a premium we can't prove. Our proposals include the actual comp data behind every number.
What does a 3-bedroom house rent for in Whitehaven, Memphis?
Based on 184 active 3-bedroom rental listings in Whitehaven as of 2026-06-29, the median asking rent is $1,225/mo (range: $1,065–$1,350/mo). Rents vary by condition, renovations, and included amenities.
What is the cap rate for rental properties in Whitehaven?
The estimated cap rate in Whitehaven is approximately 6.0%, based on a median SFR sale price of $140,500 and a median 3-bedroom annual rent of $14,700. This is a gross-income-based estimate; actual returns depend on condition, vacancy, and financing.
What is the gross rental yield in Whitehaven?
The estimated gross yield in Whitehaven is 10.5%, calculated from 666 SFR sales and 183 active rental listings. Gross yield does not account for expenses; net operating income is estimated at $8,399/yr at median price and rent.
How does a Memphis property management company price rent for Whitehaven?
Professional property managers in Memphis typically reference active competing listings, vacancy rates, and unit condition. LPS uses a live database of 408 comparable listings in Whitehaven with per-bedroom pricing to establish asking rent for each new property, updated weekly from portal data.
What does LPS (Longstep Property Solutions) charge for property management in Memphis?
LPS charges 8% of monthly rent for long-term rental management. There are no lease renewal fees or vacancy fees. On a $1,225/mo property in Whitehaven, that is approximately $98/mo in management fees.
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