Memphis HOA Guide (2026)
Memphis Metro · Tennessee
Memphis has moderate HOA adoption concentrated in newer suburban communities.
HOA Fees in Memphis
$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.
Tennessee HOA Laws at a Glance
Fine cap
Set by bylaws
Notice required
Per CC&Rs
Hearing right
Not mandated
- Tennessee Horizontal Property Act governs condominiums
- Planned communities primarily governed by CC&Rs
- Fines must be authorized in governing documents
- Landscaping
- Pool maintenance
- Common area insurance
- Street lighting
- Pool
- Clubhouse
- Playground
- Gym
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.
Related resources
Self-managing your Memphis HOA? LotWize is built for boards like yours.
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.