Memphis Average HOA Fees (2026)

Memphis Metro · Data last updated 2026

14% below national average

Memphis has moderate HOA adoption concentrated in newer suburban communities.

Monthly HOA fee averages

Condo

$250/mo

National avg: $291/mo

$41 below avg

Single-Family Home

$110/mo

National avg: $170/mo

$60 below avg

Townhome

$175/mo

National avg: $215/mo

$40 below avg

Why HOA fees look the way they do in Memphis

Memphis is one of the most affordable HOA markets in the South — fees are well below national averages across all property types.

What HOA fees typically cover in Memphis

Landscaping
Pool maintenance
Common area insurance
Street lighting

Common amenities in Memphis HOAs

Pool
Clubhouse
Playground
Gym

Why do HOA fees vary within Memphis?

Even within the same city, fees can range from under $50/month to over $2,000/month depending on several factors:

Amenity level — communities with golf courses, full-time staff, or resort-style pools carry significantly higher fees than basic landscaping-only HOAs.
Building age — older buildings typically require higher reserve contributions and more frequent major repairs.
Reserve fund health — an underfunded HOA may have artificially low fees today but face a large special assessment in the future.
Property type — condos in high-rise buildings generally carry higher fees than detached SFH communities due to shared building system costs.

Related HOA tools

Cost Calculator

Estimate your HOA operating costs

Budget Builder

Build a line-item annual budget

Reserve Calculator

Check your reserve fund health

Managing a Memphis HOA? Try LotWize free.

LotWize helps self-managed HOA boards in Memphis handle budgets, violations, communications, and reserve planning — all in one place. No property management company required.

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Related resources for Memphis

HOA management software for Memphis HOA management companies in Memphis HOA laws in Tennessee Management cost calculator HOA budget builder Reserve fund calculator

Fee data represents estimates based on available market data and public HOA disclosures. Actual fees vary widely by community, amenities, building age, and reserve funding status. This page provides general reference information only — not financial or legal advice. Always request an HOA's current budget and reserve study before purchasing. Last updated: 2026.

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