Memphis Metro · Tennessee
Memphis has moderate HOA adoption concentrated in newer suburban communities.
$250/mo
National avg: $291/mo
$110/mo
National avg: $170/mo
$175/mo
National avg: $215/mo
Memphis is one of the most affordable HOA markets in the South — fees are well below national averages across all property types.
Fine cap
Set by bylaws
Notice required
Per CC&Rs
Hearing right
Not mandated
Many Memphis HOA boards face the choice between self-management and hiring a full-service property management company. Management companies typically charge $10–$22 per unit per month — for a 75-unit community that is $750–$1,650/month. Self-managed boards with the right software can handle the same work at a fraction of the cost.
LotWize helps self-managed HOA boards handle budgets, violations, communications, and reserve planning — all in one place. No property management company required.
Start 14-Day Free TrialFee 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. Legal information is general in nature and not legal advice. Always consult an HOA attorney and your governing documents for your specific situation. Last updated: 2026.