Arlington · Shelby County, Tennessee

Arlington Property Management That Protects a Premium Asset

Enterprise Property Management (EPM) handles leasing, tenant screening, maintenance, and rent collection for Arlington owners — so your higher-value home keeps a quality tenant in place instead of paging you at 2 AM.

Licensed in TNLicense #258359
NE Shelby CountyArlington & the 38002 corridor
24/7 MaintenanceEmergency line that answers

Arlington property management is the professional operation of residential rental property in Arlington, Tennessee — marketing and leasing homes, screening tenants, collecting rent, coordinating maintenance, and staying compliant with Tennessee landlord-tenant law.

Arlington is an incorporated town in the northeast corner of Shelby County — not a Memphis neighborhood — with its own town government and its own top-rated school district. It's an affluent, owner-heavy bedroom suburb where roughly 85% of homes are owner-occupied, so the rental pool is small but unusually high-quality: newer, higher-value houses leased to well-qualified families. Enterprise Property Management, Inc. (EPM) runs those rentals like the premium assets they are — not like a hobby that calls at 2 AM about a water heater.

The Market Snapshot

Arlington at a Glance

The numbers behind one of Shelby County's most affluent, owner-heavy suburbs — at a glance.

84.7%Owner-occupied homesOnly 15.3% rent
$135KMedian household incomeAmong the metro's highest
~$424KMedian home valueCensus, ACS 2024
~$2.0KMedian gross rentHouse-heavy; Census 2024
$0TN state income taxLandlord-friendly state
Service
Residential property management
Market
Arlington, TN & NE Shelby County
Best for
Owners of higher-value single-family homes
Managed by
Enterprise Property Management · TN Lic. #258359

Sources: U.S. Census Bureau (ACS 2020–2024 5-year); RentCafe & Redfin (2025). Median home value is the Census owner-occupied figure; 2025 market sale prices ran higher (see market table).

The Opportunity

Why Is Arlington a Quality Rental Market?

Arlington is a quality rental market for the opposite reason Memphis is a volume one: this isn't a majority-renter, cash-flow city. It's an affluent, owner-occupied town where the few homes that do rent are newer, higher-value, and leased to families who stay. The play is stability, not churn.

Of Arlington's roughly 4,837 occupied households, only 15.3% rent — about 739 homes (U.S. Census ACS 2020–2024). That's a deliberately thin pool, and it changes the whole strategy: instead of filling vacancies fast in a high-turnover market, an Arlington owner is protecting a single premium asset and keeping one good tenant in it for years. With a median household income of $135,105 — among the highest in the Memphis metro — the renters who do live here are well-qualified by default. Done right, that's the steadiest kind of Memphis real estate investment you can hold.

The Arlington edge: its own top-rated, independent school district — Arlington Community Schools — is the single biggest retention engine in the market. Families rent here specifically to enroll their kids, and a household that's chosen its schools doesn't move on a whim. That's tenancy measured in years, not months.

The trade-off is the price of entry. Arlington homes carry a Census median value near $424,400 (ACS 2024), with 2025 market sale prices running higher still. These are big, newer houses — which means more capital tied up and more to protect. A dropped maintenance issue or a bad tenant costs more here than it would on a $150,000 Memphis rental, which is exactly why the operational discipline matters more, not less.

The Service

What Does an Arlington Property Management Company Do?

An Arlington property management company handles the full operational lifecycle of a rental — finding and vetting tenants, collecting rent, coordinating repairs, enforcing the lease, and reporting the numbers — so the owner collects income instead of complaints.

EPM's property management services cover five core jobs:

Marketing & Leasing

Listing, showings, and tenant placement priced to Arlington's higher-end stock — finding the right family for a premium home, not just a fast warm body.

Tenant Screening

Credit, income, rental history, and background checks. On a $400K+ home, the right long-term tenant is the whole ballgame.

Rent Collection

Consistent billing, online payment, and a clear, lawful process the moment rent is late.

Maintenance Coordination

A vetted vendor network and 24/7 emergency response — so a burst pipe in a newer, higher-value home is a phone call, not a catastrophe.

Accounting & Compliance

Owner statements, year-end documents, and adherence to Tennessee law and fair housing rules.

The Plain Version

Screening is a first date that actually matters — reliable, respectful, and unlikely to vanish owing you three months' rent.

The Numbers

How Much Does Property Management Cost in Arlington?

Arlington property management fees start at 8% of collected monthly rent, with the broader market falling in the 8–12% range. Tenant placement usually runs 50–100% of one month's rent, and lease renewals often carry a $150–$300 fee.

That percentage is rarely the real number that matters — and on a higher-rent Arlington home, the math tilts even further in the manager's favor. A manager who keeps a good family in place for an extra two years, screens out a non-paying tenant, or catches a small leak before it becomes a $9,000 mold remediation has already earned the fee several times over. The right question isn't "what's the percentage" — it's "what does the percentage protect." See EPM's published property management fees for exact figures with no surprises.

Market Data

What Does the Arlington Rental Market Look Like in 2026?

The Arlington rental market in 2026 is small, premium, and house-driven: a thin pool of higher-value single-family homes, leased to families who value the schools and tend to stay — with home prices easing modestly off their 2022–23 peak.

Metric Arlington (38002) National Source
Average apartment rent ~$1,350–$1,500 ~$1,640 RentCafe / Apartments.com 2025
Median home sale price ~$458,000 ~$440,000 Redfin 2025–26
Median gross rent (Census) ~$2,164 Census ACS 2020–2024
Renter-occupied 15.3% ~35% Census ACS 2020–2024

Note the gap between the two rent figures: published apartment averages (~$1,350) reflect Arlington's small stock of apartments, while the Census median gross rent (~$2,164) captures the leased single-family houses that dominate the market — the homes EPM actually manages. In Arlington, the house rent is the real number.

The Honest Headwinds — and Why They Make a Manager Essential

  • The rental pool is genuinely thin. With only ~15% of homes rented, Arlington has far fewer comparable rentals to price against and a smaller pipeline of qualified renter applicants. Mispricing or a long vacancy hurts more when the next applicant isn't around the corner — sharp, local pricing matters.
  • Demand leans on the commute. Arlington has a genuine local base — its school district, MicroPort Orthopedics, and a Jetway Drive logistics cluster — but it's still largely a bedroom suburb, and most working residents commute to jobs in Bartlett, Cordova, and Memphis. Renter demand tracks the health of the wider metro economy as much as any single local employer.
  • Property taxes & entry costs are real. Arlington owners pay both the Town of Arlington municipal rate and the Shelby County rate — a combined ~$3.82 per $100 of assessed value, which works out to roughly 0.95% of a home's market value (Tennessee assesses homes at 25% of market value). That's actually lower than the City of Memphis (~1.3%), but on a $400K+ home the dollar bill is still substantial. (The offset: Tennessee charges no state income tax on your rental income.)

None of these kill the investment thesis — but together they mean accurate pricing, careful screening, and long tenant retention are what separate a profitable Arlington rental from a stagnant one. That's operational work, and operational work is what a manager is for.

The Economy

What Drives Arlington Rental Demand?

Arlington rental demand is driven by two things: a top-rated school district families relocate for, and a real — if compact — local employment base anchored by a medical-device headquarters and a cold-chain logistics cluster, all backed by fast highway access to the wider metro.

Arlington is more than a pure bedroom suburb. Its own school district is the largest in-town employer, and MicroPort Orthopedics — which manufactures hip and knee implants from its global headquarters here — is the largest private one. A cold-storage and food-manufacturing cluster sits on Jetway Drive. Beyond that, most working residents still commute to Bartlett, Cordova, and Memphis via US-70 (Hwy 70), I-40, and I-269/TN-385 — so your tenant pool is regional, and access to the school zone and the highway is what you lease on.

AC
Arlington Community Schools~4,600–5,000 students · 475+ staff · top-rated district
MO
MicroPort Orthopedicship/knee implant HQ & manufacturing · ~540–800
RP
Rich Productsfood manufacturing · Jetway Dr
LL
Lineage Logisticscold-storage warehouse · Jetway Dr
BA
Baptist Arlingtonoutpatient campus & 24/7 ER · Airline Rd
TA
Town of Arlingtonmunicipal government · police, public works, parks
FX
FedEx (Memphis hub)~30,000 metro jobs · commute via I-40/I-269
CD
Cordova / Bartlett corridorretail, healthcare & logistics · short commute SW

Arlington Community Schools, MicroPort, the Jetway Drive cluster (Rich Products, Lineage), Baptist's Arlington campus, and the Town are in-town employers; FedEx and the Cordova/Bartlett corridor are metro-commute job centers Arlington residents travel to. Headcounts are approximate; confirm before relying on them.

Coverage

Where Does EPM Manage in Arlington?

EPM manages residential rentals throughout Arlington and the wider 38002 corridor in northeast Shelby County, from newer subdivisions off Airline Road and Donelson Farms Parkway to homes near the historic Depot Square.

Arlington is a town of newer master-planned subdivisions woven around a preserved historic core. Areas and communities we cover include:

Arlington · 38002 Depot Square / Downtown Village at White Oak Village at Donelson Farms Cambridge Manor Arlington Station Windsor Place Kensington Wilson's Crossing Myers Park

We also serve the neighboring communities of Lakeland, Bartlett, Cordova, Collierville, Germantown, Millington, and Memphis proper. Arlington sits in the far northeast corner of Shelby County — an incorporated town, not part of Memphis — with US-70 (Hwy 70) and Airline Road as its main arteries and I-40 and I-269/TN-385 just to the south for fast metro access. Our office is in nearby Cordova at 825 Timber Creek Dr.

Why Tenants Stay

What Makes Tenants Want to Live in Arlington?

Tenants stay in Arlington for the small-town trade most Memphis-area families are chasing: top-rated schools, newer homes, low crime, and a genuine historic downtown — all with quick highway access to the metro. For a landlord, that lifestyle is retention.

For a landlord, lifestyle is retention: tenants who love where they live renew their leases, and Arlington's draw is unusually sticky. The town's Depot Square historic district — Arlington grew up as a railroad town and still honors it — gives the place a real center, with red-brick sidewalks, preserved buildings, and the seasonal Music on the Square concert series at Forrest Street Park.

Green space punches above the town's size. Forrest Street Park offers paved trails, a playground, soccer fields, a pavilion and amphitheater, and a community garden and farmers market, while the 45-acre Arlington Sports Complex packs baseball diamonds, soccer fields, and a disc golf course for the youth leagues that anchor family life here. All told the town maintains over 68 acres of parks.

Day-to-day shopping is covered in town by the newer Kroger Marketplace on Airline Road and a row of local restaurants, but Arlington has no enclosed mall. For big-box and department-store shopping, the Wolfchase Galleria area and Bartlett's retail corridor are about a 15–20 minute drive southwest — convenient, but firmly in Bartlett and Cordova, not Arlington itself. What Arlington keeps for itself is the part families actually move for: the schools, the parks, and a downtown that still feels like a town.

The Legal Climate

Is Tennessee a Landlord-Friendly State?

Yes — Tennessee is widely considered a landlord-friendly state, with no rent control, no statutory cap on security deposits, no state income tax on rental income, and a relatively fast eviction process.

Tennessee places no cap on security deposits, requires deposits be returned within 30 days, and allows a 14-day notice for nonpayment of rent, with evictions typically resolving in roughly 4–8 weeks. In Arlington, the property-tax picture is a relative bright spot: the combined Town of Arlington and Shelby County rate works out to roughly 0.95% of market value — lower than the City of Memphis — and Tennessee adds no state income tax on your rental income. A local manager keeps you compliant with these rules — fair housing included — while a misstep on notice timing or deposit handling can cost far more than a year of management fees. EPM's Memphis property management FAQs cover the common compliance questions in depth.

Homes Currently Available for Rent in Arlington, TN

Browse 1 rental property currently available in Arlington, TN. Schedule a viewing or apply online today.

Bedrooms
3 bd
Bathrooms
2 ba
Square footage
1,674 sqft

9740 Riggin Dr

Arlington, TN 38002
Deposit
$1,900
Lease
One Year

Answers

Frequently Asked Questions

How much do property management companies charge in Arlington?
Most Arlington property managers' fees start at 8% of collected monthly rent for ongoing management, within an 8–12% market range. Expect a separate tenant-placement fee of 50–100% of one month's rent and a lease-renewal fee around $150–$300. On Arlington's higher-rent homes, the dollar value a manager protects — through long tenant retention and avoided damage — tends to dwarf the fee. EPM publishes its fees transparently so there are no surprises.
Do I really need a property manager in Arlington?
If you own an Arlington rental and don't live nearby — or simply don't want the 2 AM maintenance calls — yes. Arlington's rental pool is small, so accurate pricing and careful screening matter more, not less: there isn't a long line of comparable rentals or applicants to fall back on. Out-of-state and busy local owners rely on a local manager to price the home right, vet a long-term family, handle repairs on a higher-value house, and stay compliant with Tennessee law.
Is Arlington a good place to own a rental property?
Arlington is a quality, low-turnover market rather than a high-volume cash-flow one. Only about 15.3% of homes rent, but the median household income is around $135,105 and the schools are top-rated, so the renters who do live here are well-qualified and tend to stay for years. The trade-off is a higher entry price — homes carry a Census median value near $424,400 — so the strategy is protecting a premium asset and retaining a good tenant, not rapid turnover.
What is the average rent in Arlington?
It depends on the property type. Published apartment averages run roughly $1,350–$1,400 a month (RentCafe / Apartments.com, 2025), but those reflect Arlington's small apartment stock. The homes that actually dominate Arlington's rental market are single-family houses, and the Census median gross rent — which captures them — was about $2,164 (ACS 2020–2024). For a typical leased Arlington house, the house figure is the realistic number.
What percentage of Arlington residents rent?
About 15.3% of occupied Arlington households are renter-occupied — roughly 739 of 4,837 homes (U.S. Census ACS 2020–2024). Arlington is overwhelmingly owner-occupied (84.7%), so the rental pool is small but high-quality.
Are property taxes high in Arlington?
Arlington owners pay both the Town of Arlington municipal rate ($1.13 per $100) and the Shelby County rate ($2.69), combining to $3.82 per $100 of assessed value — roughly 0.95% of a home's market value, since Tennessee assesses residential property at 25% of market. For example, a $400,000 home is assessed at $100,000 and owes about $3,820 a year. That's lower than the City of Memphis (~1.3%), and Tennessee charges no state income tax, so your rental income isn't taxed at the state level.
Is Tennessee landlord-friendly?
Yes. Tennessee has no rent control, no cap on security deposits, requires deposit returns within 30 days, and allows a 14-day notice for nonpayment with evictions typically completing in about 4–8 weeks. It's one of the more favorable states in which to own rental property.
What areas around Arlington do you serve?
EPM manages throughout Arlington and the 38002 corridor in northeast Shelby County, and also serves the neighboring communities of Lakeland, Bartlett, Cordova, Collierville, Germantown, Millington, and Memphis proper. Our office is in nearby Cordova at 825 Timber Creek Dr.

Ready to Protect Your Arlington Investment?

Arlington rewards owners who run their rentals tightly — sharp pricing, screened long-term tenants, coordinated maintenance on a higher-value home, and clean reporting. That's exactly what Enterprise Property Management does, from our office in nearby Cordova.

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