Property Management in Lakeland, Tennessee

Invest in Tennessee, Invest in Lakeland!

Giving keys away for new home. Property Management in Lakeland, TN

Full-Service Management for Lakeland Properties

At Advantage Property Management, we understand that every property owner has a unique vision and set of goals for their investment property. Whether focused on maximizing your investment, building a stable portfolio, or creating a lasting legacy, we’re here to help you reach those goals.

Our team takes the time to learn each client’s story, understanding what success means to you, and crafting a property management plan that aligns with your objectives. We’re more than just property managers; we’re partners dedicated to bringing your property goals to life.

Let us show you how Advantage Property Management can help you reach your property management goals. Connect with us today and start a conversation.

Find Your Way Home With Advantage

LAKELAND MARKET AT A GLANCE

LAKELAND MARKET AT A GLANCE
Owner-Occupied	79.2%
Typical Home Value	$448,503
Average Advertised Rent	$1,995/mo
3-Bedroom Rent	$1,895/mo
Median Days to Pending	38 days

Sources: U.S. Census Bureau, Zillow Housing Market Data, Zillow Rental Manager. Data updated September 2026.

What the data means for investors

Lakeland is a suburban community just east of Memphis, with typical home values around $449,000 and average advertised rents around $1,995 per month. With nearly 80% of homes owner-occupied, Lakeland offers investors single-family rentals in an established residential area where quality homes attract long-term residents.

Property Management Solutions for Lakeland Investors

Property Evaluation

Let our real estate experts determine the exact value of your property. We are local market specialists!

Rent Assessment

Always know the value of your property. We’ll take everything into account and provide an analysis.

Marketing & Advertising

We’re dedicated to finding your perfect tenant! Let us handle your marketing efforts.

Tenant Screening

We’ll take care of applicant screenings, including background and rental checks.

Lease Agreement Preparations

The Advantage team will provide clear expectations for both tenants and owners

Rent Collection

Timely and friendly rent collection is what we do best. Plus, we’ll keep track of late and missed payments.

Financial Reporting

Our team will provide thorough financial reporting to ensure you always know the status of your finances.

Property Maintenance

From routine repairs to unexpected emergencies, we’ve got your property covered.

Routine Inspections

We’ll routinely monitor your property, everything from typical wear and tear to significant damage.

Why Choose Advantage Property Management?

1,400+ Homes Managed across the Memphis and North Mississippi markets—large enough to demonstrate our experience, yet small enough to prioritize you and your investment.
Family-Owned & Operated Since 2008 with decades of local property management expertise.
95% of Rent Paid Online for faster, more efficient rent collection.
85% Lease Renewal Rate, helping reduce vacancy and turnover costs.
Less Than 2% Eviction Rate, reflecting thorough tenant screening and proactive resident management.
420+ Google Reviews from property owners and residents.
A+ BBB Rating, demonstrating our commitment to ethical business practices and customer service.
24/7 Maintenance Coordination with most routine repairs completed within 24–48 hours to protect your property and keep your residents satisfied.
Renovation Experts & Professional Tenant Placement to prepare your property, attract qualified residents, and maximize your return on investment.
A Trusted Leader in Section 8 Property Management, helping investors successfully navigate the Housing Choice Voucher program with confidence and experience.
Real People. Real Conversations. When you call Advantage, you’ll reach a real person who is here to help—not a call center or endless voicemail. Give us a call and experience the difference for yourself.

Call Us For a Free Rental Analysis of Your Property!

Couple being shown a property. Property Management in Lakeland, TN

Choose Our Team to Manage Your Investment Portfolio

From day one, our commitment to excellence, transparency, and proactive service ensures a smooth, rewarding experience. We would love to discuss how Advantage Property Management can support you and help your Lakeland investment property thrive. Below are just a few ways we set ourselves apart from the rest.

Tenant Retention Strategies
Local Expertise
Proactive Maintenance
Personalized Solutions

Have a few questions, or ready to get started? Fill out the form below, or call today: 901-347-3148

Fill Out Our Investor Form Here!

Areas We Serve

Looking to invest, or find your new home? We provide property management services in Shelby County, Fayette County, and DeSoto County.

Couple cheering with house keys in hand.

Information about Section 8 in Lakeland, Tennessee

For more details, visit the Memphis Housing Authority website at memphisha.org.

- Provide safe, sanitary, and reasonably priced housing – Landlords must ensure their rental unit meets essential living standards, remains hazard-free, and is offered at a fair rental rate.
- Meet and uphold HUD’s housing quality standards – The property must pass an initial HUD inspection before receiving housing assistance payments. Landlords are responsible for property maintenance of the unit to remain in compliance over time.
- Fulfill all lease and HAP contract obligations – Landlords must adhere to the terms of the lease agreement with the tenant and the Housing Assistance Payments (HAP) contract with the Memphis Housing Authority (MHA). This includes handling necessary property maintenance and responding to tenant concerns.
- Follow tenant eligibility guidelines – Landlords cannot rent to a relative unless MHA has approved an exception as a reasonable accommodation for the tenant’s family.
- Comply with the HAP contract and enforce lease terms – Landlords must follow all requirements outlined in the HAP contract and ensure tenants comply with the lease.
By meeting these responsibilities, landlords can maintain a successful rental relationship while staying compliant with Section 8 program guidelines.

Understanding Property Management in Lakeland, TN

At Advantage Property Management, we specialize in property management tailored to Lakeland, TN’s unique market. With a low vacancy rate and strong demand for single-family rentals, we set competitive pricing and attract quality tenants. Our community involvement and local partnerships enhance tenant satisfaction and build lasting relationships.

We ensure full compliance with Lakeland’s rental regulations, building codes, and Tennessee landlord-tenant laws. By managing legal complexities, we help property owners avoid risks and maintain smooth operations. Our expertise maximizes rental income while creating a hassle-free experience for both landlords and tenants.

Fill Out Our Investor Form Here!

Frequently Asked Questions

What unique services do you offer to property owners in Lakeland, TN?

Advantage Property Management provides tailored property management services for Lakeland, TN, designed to address the specific needs of local property owners. Services include customized maintenance plans and tenant communication strategies, ensuring seamless management and high satisfaction for both owners and tenants in Lakeland.

How do you ensure high-quality tenants for Lakeland, TN properties?

Our thorough tenant screening process for Lakeland, TN properties includes credit checks, employment verification, and rental history reviews. By carefully evaluating these factors, we ensure only reliable and responsible tenants occupy your property, reducing risks such as late payments and property damage.

What steps do you take to reduce maintenance costs for Lakeland, TN properties?

We prioritize preventative maintenance for Lakeland, TN properties by scheduling regular inspections and addressing minor issues before they escalate. Additionally, we partner with trusted local contractors to secure competitive pricing for repairs, minimizing expenses while preserving your property’s value.

How do you handle lease renewals and tenant communication in Lakeland, TN?

Advantage Property Management proactively manages lease renewals in Lakeland, TN, by initiating discussions with tenants well before lease expiration. We maintain open communication to address tenant concerns and encourage long-term stays, ensuring stability for property owners and reducing turnover.

How does Advantage Property Management assist with property marketing in Lakeland, TN?

We employ advanced marketing strategies tailored to the Lakeland, TN rental market. This includes targeted online listings and professional property photography, highlighting each property’s unique features to attract quality tenants quickly. Our approach minimizes vacancy times and maximizes rental income for property owners.