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 dryer
Available units
Price may not include required fees and charges
Price may not include required fees and charges.
$1,073+·Studio, 1 bath
UnitSqftBase rentAvailable
576$1,073Now
576$1,2088/22/2025
576$1,2689/10/2025
$1,262+·Studio, 1 bath
UnitSqftBase rentAvailable
660$1,262Now
660$1,2629/5/2025
$1,268+·Studio, 1 bath
UnitSqftBase rentAvailable
576$1,2688/15/2025
576$1,2788/18/2025
$1,576+·1 bed, 1 bath
UnitSqftBase rentAvailable
712$1,5768/26/2025
$1,597+·1 bed, 1 bath
UnitSqftBase rentAvailable
773$1,597Now
What's special
Clubhouse
Get the party started
This building features a clubhouse. Only 11% of buildings in Memphis have this amenity.
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
Lease terms
- 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16
Pets
Cats
- Allowed
- 2 pet max
- $350 one time fee
- $35 monthly pet fee
- Restrictions: breed restrictions visit community for details.
Dogs
- Allowed
- 2 pet max
- $350 one time fee
- $35 monthly pet fee
- Restrictions: breed restrictions visit community for details.
Parking
- Detached Garage: Garage Lot
- Garage: Multi-Level Parking Garage Area
- Parking Lot: Other
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
Areas of interest
Use our interactive map to explore the neighborhood and see how it matches your interests.
Travel times
Nearby schools in Memphis
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Memphis Grizzlies Preparatory Charter SchoolGrades: 5-8Distance: 0.5 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2.1 mi
Market Trends
Rental market summary
The average rent for all beds and all property types in Memphis, TN is $1,350.
Average rent
$1,350
Month-over-month
$0
Year-over-year
+$55
Available rentals
2,914
Frequently asked questions
What is the walk score of The Rise Apartments?
The Rise Apartments has a walk score of 76, 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?
A maximum of 2 cats are allowed per unit. This building has a one time fee of $350 and monthly fee of $35 for cats. A maximum of 2 dogs are allowed per unit. This building has a one time fee of $350 and monthly fee of $35 for dogs.
