The Cotton & Merchants' Exchange Building (circa 1910) is a historic Memphis landmark that has been thoughtfully preserved during its adaptive re-use into a vibrant residential community. Soaring 19 stories above the mighty Mississippi, its elegantly arched windows and marble-mosaic floors evoke timeless grandeur and historic soul; a standing reminder of its storied past. Located in the heart of downtown Memphis, with a Walk Score of 94, every amenity is within effortless reach - public transit at the doorstep, Court Square Park just outside, and vibrant restaurants and shops steps away. This rare blend of historic elegance and modern convenience is ideal for students, medical professionals, relocating employees, and extended-stay assignments. Discover its unique character - and become part of Memphis history at the Exchange.
Special offerIncome restricted
- Special offer! Students can sign a 9 month lease instead of a 12 month lease. Complimentary WiFi.Expires September 30, 2025
Apartment building
1-2 beds
Pet-friendly
Air conditioning (window unit)
Shared laundry
What's special
Fitness center
Hit the gym at home
This building offers a fitness center. Less than 18% of buildings in Memphis have this feature.
Elegantly arched windowsMarble-mosaic floors
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 9 am - 5 pm |
| Sat: | By appointment only |
| Sun: | By appointment only |
Facts, features & policies
Building Amenities
Community Rooms
- Fitness Center
- Lounge
Other
- Laundry: Shared
Security
- Controlled Access
Services & facilities
- Elevator
- On-Site Management
View description
- City
Unit Features
Appliances
- Dishwasher
- Freezer
- Garbage Disposal
- Oven
- Range
- Refrigerator
Cooling
- Window Mounted Air Conditioning
Flooring
- Hardwood
- Laminate
Heating
- Electric
Internet/Satellite
- Building-wide Wireless
- High-speed Internet Ready
Policies
Parking
- None
Lease terms
- Flexible
- One year
- Less than 1 year
Pets
Cats
- Allowed
Large dogs
- Not allowed
Small dogs
- Allowed
Neighborhood: Downtown
Downtown Memphis in 38103 offers urban lofts and condos with rentals near $1,650. Young professionals love walkability, nightlife, and a vibrant arts culture.
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Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Points of Interest
Groceries | Distance |
|---|---|
| Memphis Farmers Market | 1 mi |
| Corkscrew | 1 mi |
| Pyramid Wine and Spirits | 0.9 mi |
| City Market Groceries & Deli | 0.2 mi |
| Roxie's Grocery | 1 mi |
| Merchants' & Cotton Exchange Apartments has 5 grocery stores within a 1 mile distance. | |
Shopping | Distance |
|---|---|
| Stock & Belle | 0.7 mi |
| Lansky Lucky Duck | 0.2 mi |
| Memphis Music | 0.4 mi |
| Walgreens | 0 mi |
| A. Schwab's Dry Goods Store | 0.4 mi |
| Merchants' & Cotton Exchange Apartments has 5 shopping centers within a 0.7 mile distance. | |
Parks and recreation | Distance |
|---|---|
| Sun Studio | 0.9 mi |
| Court Square | 0.1 mi |
| Tom Lee Park | 0.7 mi |
| Peabody Rooftop Party | 0.2 mi |
| Envision Memphis | 0.1 mi |
| Merchants' & Cotton Exchange Apartments has 5 parks and recreation locations within a 0.9 mile distance. | |
Fitness | Distance |
|---|---|
| Court Square | 0.1 mi |
| Tom Lee Park | 0.7 mi |
| Handy Park | 0.4 mi |
| Memphis Park | 0.2 mi |
| St Jude Patient Care Center | 0.8 mi |
| Merchants' & Cotton Exchange Apartments has 5 fitness centers within a 0.8 mile distance. | |
Nearby schools in Memphis
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.3 mi
- NAKaleidoscope School of MemphisGrades: 6, 7Distance: 0.2 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2.1 mi
Frequently asked questions
What is the walk score of Merchants' & Cotton Exchange Apartments?
Merchants' & Cotton Exchange Apartments has a walk score of 95, it's a walker's paradise.
What is the transit score of Merchants' & Cotton Exchange Apartments?
Merchants' & Cotton Exchange Apartments has a transit score of 52, it has good transit.
What schools are assigned to Merchants' & Cotton Exchange Apartments?
The schools assigned to Merchants' & Cotton Exchange Apartments include Downtown Elementary School, Kaleidoscope School of Memphis, and Manassas High School.
Does Merchants' & Cotton Exchange Apartments have in-unit laundry?
No, but Merchants' & Cotton Exchange Apartments has shared building laundry.
What neighborhood is Merchants' & Cotton Exchange Apartments in?
Merchants' & Cotton Exchange Apartments is in the Downtown neighborhood in Memphis, TN.
What are Merchants' & Cotton Exchange Apartments's policies on pets?
Large dogs are not allowed.
Market Trends
Rental market summary
The average rent for all beds and all property types in Memphis, TN is $1,295.
Average rent
$1,295
Month-over-month
-$5
Year-over-year
-$50
Available rentals
3,172
This is an income restricted propertyThis property offers housing at affordable prices. Renters or households must meet income requirements, and the property manager may have additional eligibility criteria.
