A boutique collection of Studio, One, and Two Bedroom Apartments for rent in Memphis, TN. A new way of apartment living has arrived in Memphis. Formerly home to the original Wonderbread Bakery, The Rise is now creating a place and space for wonderful things. Amenities that inspire. Apartments that indulge. Class A in every way. Come home to our apartments for rent in Memphis, TN, and be amazed. Discover the home you deserve at The Rise and start your lease today!
The Rise Apartments
420 Monroe Ave, Memphis, TN 38103
Apartment building
Studio-2 beds
Pet-friendly
Detached garage
In-unit laundry (W/D)
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 | 512 | Nov 6 | $1,133 |
 | 660 | Nov 7 | $1,193 |
 | 532 | Oct 7 | $1,245 |
 | 576 | Now | $1,246 |
 | 576 | Nov 7 | $1,259 |
 | 768 | Oct 5 | $1,818 |
 | 889 | Jan 25 | $1,954 |
 | 1,044 | Now | $1,965 |
 | 1,095 | Sep 30 | $2,110 |
| 1,095 | Oct 22 | $2,125 |
What's special
Office hours
| Day | Open hours |
|---|---|
| Mon - Fri: | 8:30 am - 5:30 pm |
| Sat: | 10 am - 5 pm |
| Sun: | Closed |
Property map
Tap on any highlighted unit to view details on availability and pricing
Use ctrl + scroll to zoom the map
Facts, features & policies
Building Amenities
Community Rooms
- Club House: Community Clubroom with Business Center & WI-FI
- Fitness Center: State of the Art Fitness Center
Other
- In Unit: Washer and Dryer Included
- Swimming Pool: Resort-Style Pool with Outdoor Lounge
Security
- Gated Entry: Gate
Services & facilities
- Bicycle Storage: Bike Storage
- Pet Park: Pet Area
- Valet Trash: Valet Trash services
Unit Features
Appliances
- Dryer: Washer and Dryer Included
- Washer: Washer and Dryer Included
Flooring
- Hardwood: Hardwood Style flooring.
- Tile: Porcelain tile
Internet/Satellite
- Cable TV Ready: High-Speed Internet and Cable Ready
Policies
Parking
- Detached Garage: Garage Lot
- Garage: Multi-Level Parking Garage Area
- Parking Lot: Other
Lease terms
- 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16
Pets
Dogs
- Allowed
- $350 one time fee
- $35 monthly pet fee
- Restrictions: breed restrictions visit community for details.
Cats
- Allowed
- $350 one time fee
- $35 monthly pet fee
- Restrictions: breed restrictions visit community for details.
Special Features
- Concierge: On-Site Mailboxes and Large Package Concierge Room
- Custom Cabinetry With Quartz Countertops
- Generous Closet Spaces
- Gourmet Kitchens Featuring Stainless Appliances
- Private Outdoor Patios And Balconies*
- Spacious Floorplans
- Usb Outlets In Kitchen / Bedroom Area
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.
Powered by Zillow data and AI technology.
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 | 1 mi |
| City Market Groceries & Deli | 0.6 mi |
| Roxie's Grocery | 1 mi |
| The Rise Apartments has 5 grocery stores within a 1 mile distance. | |
Shopping | Distance |
|---|---|
| Stock & Belle | 1 mi |
| Lansky Lucky Duck | 0.5 mi |
| Memphis Music | 0.6 mi |
| Walgreens | 0.6 mi |
| A. Schwab's Dry Goods Store | 0.6 mi |
| The Rise Apartments has 5 shopping centers within a 1 mile distance. | |
Parks and recreation | Distance |
|---|---|
| Sun Studio | 0.4 mi |
| Court Square | 0.6 mi |
| Tom Lee Park | 1 mi |
| Peabody Rooftop Party | 0.5 mi |
| Envision Memphis | 0.5 mi |
| The Rise Apartments has 5 parks and recreation locations within a 1 mile distance. | |
Fitness | Distance |
|---|---|
| Court Square | 0.6 mi |
| Tom Lee Park | 1 mi |
| Handy Park | 0.5 mi |
| Church Health Center Wellness | 1 mi |
| Memphis Park | 0.7 mi |
| The Rise Apartments has 5 fitness centers within a 1 mile distance. | |
Nearby schools in Memphis
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Memphis Grizzlies Preparatory Charter SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2.1 mi
Frequently asked questions
What is the walk score of The Rise Apartments?
The Rise Apartments has a walk score of 79, it's very walkable.
What is the transit score of The Rise Apartments?
The Rise Apartments has a transit score of 49, it has some transit.
What schools are assigned to The Rise Apartments?
The schools assigned to The Rise Apartments include Downtown Elementary School, Memphis Grizzlies Preparatory Charter School, and Manassas High School.
Does The Rise Apartments have in-unit laundry?
Yes, The Rise Apartments has in-unit laundry for some or all of the units.
What neighborhood is The Rise Apartments in?
The Rise Apartments is in the Downtown neighborhood in Memphis, TN.
What are The Rise Apartments's policies on pets?
This building has a one time fee of $350 and monthly fee of $35 for dogs. This building has a one time fee of $350 and monthly fee of $35 for cats.
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
