Rent out Your Parking Lot in Memphis, TN

Make $7,000-$16,000 per month by renting out your parking lot. It's easy, safe and free. Sign up in less than 5 minutes.

List for free. Earn $16,000/mo.

Parking Lot parking in Memphis, TN

Hosting in Memphis, TN

Blues City aka Memphis. A city known for its music, BBQ and unfortunately, need for more parking solutions. Interested in renting out your extra Parking Lot? With Prked, you can become part of the solution here in Memphis. Locally, you can expect the cost per sq ft to range from $0.70 to $1.60, with the average cost hitting around $0.90. That means, your Parking Lot could bring in around $9,000 each month!

Earning Potential in Memphis, TN

Parking Lot Sizes

Low Parking Lot Storage Rates in Memphis, TN

Average Parking Lot Storage Rates in Memphis, TN

High Parking Lot Storage Rates in Memphis, TN

5000 sqft.

$3,500/mo

$4,500/mo

$8,000/mo

10000 sqft.

$7,000/mo

$9,000/mo

$16,000/mo

50000 sqft.

$35,000/mo

$45,000/mo

$80,000/mo

How to Rent out Your Parking Lot on Prked in Memphis, TN

Renting out your Parking Lot on Prked is simple. Follow these steps:

Create a Detailed Listing

Provide detailed information about your Parking Lot in Memphis, TN, including availability, pricing, and any specific rules or requirements you may have.

Engage with Potential Renters

Respond promptly to inquiries and engage with potential renters in Memphis, TN. Building a positive relationship ensures a smooth rental process.

Enjoy Hassle-Free Passive Income

Once your listing is live and you've connected with renters, enjoy hassle-free passive income from your Parking Lot in Memphis, TN.

Hosting in Memphis, TN

Receive $200 bonus after first listing

Why Rent out Your Parking Lot in Memphis, TN on Prked?

Generate Passive Income

Earn a steady stream of income by renting out your Parking Lot in Memphis, TN with Prked.

Utilize Unused Space

Make the most of your unused Parking Lot space in Memphis, TN by offering it for parking purposes.

Flexible Scheduling

Set your own schedule and availability, giving you the flexibility to rent out your Parking Lot on your terms.

Secure Transactions

Prked ensures secure transactions, providing peace of mind for both hosts and renters in Memphis, TN.

Quick and Easy Setup

Listing your Parking Lot on Prked takes less than 5 minutes, making it a hassle-free experience for hosts in Memphis, TN.

Expand Your Network

Connect with people in Memphis, TN looking for parking space, expanding your social and professional network.

Receive $200 bonus after first listing

How Much Can I Charge To Rent Out My Parking Lot in Memphis, TN?

Prked's pricing algorithm can ascertain the best rate for your parking lot area based on dimensions, facilities, and spot. Prices for parking spaces in Memphis, TN differ greatly, often fluctuating from $0.70/mo to $1.60/mo per square foot influenced by elements like total area, quantity of spots, safeguarding measures, and vicinity to sought-after locales. Parking lots present diverse car parking solutions, appealing to different renters seeking options such as routine vehicle parking, special event parking, or prolonged vehicle storage. Say your lot spans from 5000 to 50000 sq ft; you might earn from $3,500 to $80,000 each month. Typically, a lot about 10000 sq ft in Memphis, TN can pull in close to $9,000/mo in leasing revenue. It's crucial to showcase any distinct attributes your parking area provides, like illumination, surveillance cameras, or closeness to mass transit. By listing your parking lot in Memphis, TN on Prked, you leverage the need for handy and secure parking while providing leaseholders a dependable and reachable option.

Tips for Successful Parking Lot Hosting in Memphis, TN

Optimize your hosting experience with these helpful tips:

Set Competitive Pricing

Research parking rates in Memphis, TN to set competitive and attractive pricing for your Parking Lot.

Keep Your Listing Updated

Regularly update your listing with any changes in availability, pricing, or additional information in Memphis, TN.

Provide Clear Instructions

Offer clear instructions on how renters can access your Parking Lot in Memphis, TN, ensuring a smooth arrival and departure process.

Maintain Open Communication

Maintain open communication with renters, addressing any questions or concerns promptly in Memphis, TN.

Ensure Security Measures

Implement security measures for your Parking Lot in Memphis, TN, providing renters with a secure and trustworthy experience.

Offer Flexible Scheduling

Consider offering flexible scheduling options to accommodate different renter needs in Memphis, TN.

Create a Welcoming Space

Make your Parking Lot in Memphis, TN welcoming and clean to enhance the overall renting experience for users.

Request Feedback

Encourage renters to provide feedback, helping you improve and build a positive reputation in Memphis, TN.

Receive $200 bonus after first listing

Common Items Stored in Parking Lot's in Memphis, TN

  • Vehicle Storage

    Vehicle storage includes cars, motorcycles, RVs, and boats that customers may store in your parking lot at Memphis, TN. Utilize the space efficiently to accommodate different vehicle sizes, ranging from 5000 sq ft to 50000 sq ft. Earn an average potential income of $9,000 per month on Prked by offering storage for vehicles in Memphis, TN.

  • Outdoor Equipment

    Outdoor equipment such as lawnmowers, gardening tools, bicycles, and outdoor furniture that customers may store in your parking lot at Memphis, TN. With sizes varying from 5000 sq ft to 50000 sq ft, capitalize on your parking lot space by listing it on Prked. Earn an average monthly income of $9,000 by providing storage for outdoor equipment in Memphis, TN.

  • Vehicle Accessories

    Vehicle accessories like spare tires, car covers, roof racks, and bike racks that customers may store in your parking lot at Memphis, TN. Make the most of your parking space, ranging from 5000 sq ft to 50000 sq ft. Earn an average potential income of $9,000 per month on Prked by offering storage for vehicle accessories in Memphis, TN.

  • Boat Equipment

    Boat equipment including life jackets, paddles, fishing gear, and maintenance supplies that customers may store in your parking lot at Memphis, TN. Offer flexible storage options with sizes ranging from 5000 sq ft to 50000 sq ft. Earn an average potential income of $9,000 per month on Prked by listing your parking space for boat equipment in Memphis, TN.

  • Outdoor Recreation Gear

    Outdoor recreation gear like camping gear, hiking equipment, kayaks, and surfboards that customers may store in your parking lot at Memphis, TN. Maximize your parking space potential, ranging from 5000 sq ft to 50000 sq ft. Earn an average monthly income of $9,000 by providing storage for outdoor recreation gear in Memphis, TN.

  • Vehicle Parts

    Vehicle parts such as engines, tires, bumpers, and car batteries that customers may store in your parking lot at Memphis, TN. With sizes ranging from 5000 sq ft to 50000 sq ft, earn an average potential income of $9,000 per month on Prked by offering storage for vehicle parts in Memphis, TN.

  • Commercial Vehicles

    Commercial vehicles including trucks, vans, and trailers that customers may store in your parking lot at Memphis, TN. Utilize your parking lot efficiently, ranging from 5000 sq ft to 50000 sq ft. Earn an average potential income of $9,000 per month on Prked by providing storage for commercial vehicles in Memphis, TN.

  • Motorcycle Gear

    Motorcycle gear such as helmets, jackets, gloves, and riding accessories that customers may store in your parking lot at Memphis, TN. Sizes vary from 5000 sq ft to 50000 sq ft, maximizing your earning potential. Earn an average monthly income of $9,000 by offering storage for motorcycle gear in Memphis, TN.

  • RV Supplies

    RV supplies including kitchenware, bedding, camping chairs, and maintenance tools that customers may store in your parking lot at Memphis, TN. With sizes ranging from 5000 sq ft to 50000 sq ft, capitalize on your parking space by listing it on Prked. Earn an average potential income of $9,000 per month by providing storage for RV supplies in Memphis, TN.

  • Car Care Products

    Car care products such as cleaning supplies, wax, microfiber cloths, and air fresheners that customers may store in your parking lot at Memphis, TN. Utilize your parking space efficiently, ranging from 5000 sq ft to 50000 sq ft. Earn an average monthly income of $9,000 on Prked by providing storage for car care products in Memphis, TN.

Receive $200 bonus after first listing

FAQ's for Renting out Your Parking Lot in Memphis, TN

Yes, you can rent out your Parking Lot in Memphis, TN on Prked and turn it into a profitable venture.

To rent out your Parking Lot in Memphis, TN, create a detailed listing on Prked, specifying availability, pricing, and any rules or requirements.

Research parking rates in Memphis, TN and set competitive pricing for your Parking Lot on Prked. Consider factors like location, amenities, and demand.

Yes, you can rent out your Parking Lot in Memphis, TN for storage purposes on Prked, providing an additional option for users.

Ensure you comply with local regulations and obtain any necessary permits to legally rent out your Parking Lot in Memphis, TN on Prked.

Be responsive to renter inquiries, maintain a clean and secure space, and provide clear instructions for accessing your Parking Lot in Memphis, TN.

Yes, you can list multiple Parking Lots in Memphis, TN on Prked to maximize your earning potential.

Prked is free to join, and there are no upfront costs to rent out your Parking Lot in Memphis, TN. Hosts earn money based on successful rentals.

Receive $200 bonus after first listing