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  • The Rise

    420 Monroe Ave, Memphis, TN 38103

    Apartment building
    Studio-2 beds
    Pet-friendly
    Detached garage
    In-unit dryer

    What’s available

    Price may not include required fees and charges.
    Studio, 1 ba
    $1,012-1,258
    576 sqft

    1 unit avail. now | 3 avail. Aug 22-Sep 11

    Price: $1,012Available: Available NowUnit: Unit 1109
    Price: $1,207Available: Available Sep 10 2025Unit: Unit 1427
    Price: $1,208Available: Available Aug 22 2025Unit: Unit 1209
    Price: $1,258Available: Available Sep 11 2025Unit: Unit 1227
    Studio, 1 ba
    $1,201-1,262
    660 sqft

    1 unit avail. now | 1 avail. Sep 5

    Price: $1,201Available: Available NowUnit: Unit 2202
    Price: $1,262Available: Available Sep 5 2025Unit: Unit 2203
    Studio, 1 ba
    $1,207-1,217
    576 sqft

    1 unit avail. Aug 15 | 1 unit avail. Aug 18

    Price: $1,207Available: Available Aug 15 2025Unit: Unit 2222
    Price: $1,217Available: Available Aug 18 2025Unit: Unit 1215
    1 bd, 1 ba
    $1,576
    712 sqft

    1 unit available Aug 26

    1 bd, 1 ba
    $1,597
    773 sqft

    1 unit available now

    1 bd, 1 ba
    $1,612-1,662
    768 sqft

    4 units available Aug 7-Oct 5

    Price: $1,612Available: Available Aug 15 2025Unit: Unit 2312
    Price: $1,647Available: Available Aug 7 2025Unit: Unit 1426
    Price: $1,647Available: Available Oct 5 2025Unit: Unit 2412
    Price: $1,662Available: Available Sep 28 2025Unit: Unit 1325
    1 bd, 1 ba
    $1,672
    768 sqft

    1 unit available Sep 29

    2 bd, 2 ba
    $2,224
    1,044 sqft

    1 unit available Sep 7

    2 bd, 2 ba
    $2,345-2,375
    1,095 sqft

    1 unit avail. now | 1 avail. Sep 30

    Price: $2,345Available: Available Sep 30 2025Unit: Unit 2314
    Price: $2,375Available: Available NowUnit: Unit 2315

    What's special

    Clubhouse
    Get the party started
    This building features a clubhouse. Only 11% of buildings in Memphis have this amenity.
    Live with Wonder. A boutique collection of Studio, One, and Two Bedroom Apartments for rent in Memphis, TN. A new away 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!

    Office hours

    DayOpen hours
    Mon - Fri:8:30 am - 5:30 pm
    Sat:10 am - 5 pm
    Sun:Closed

    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
    Security
    • Gated Entry: Gate
    Services & facilities
    • Bicycle Storage
    • Pet Park
    • Valet Trash

    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
    Dogs
    • Allowed
    • 2 pet max
    • $300 one time fee
    • Restrictions: breed restrictions visit community for details.
    • Rent $25 per pet.
    Cats
    • Allowed
    • 2 pet max
    • $300 one time fee
    • Restrictions: breed restrictions visit community for details.
    • Rent $25 per pet.
    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

    Walk, Transit & Bike Scores

    76 / 100
    Very Walkable
    49 / 100
    Some Transit
    75 / 100
    Very Bikeable

    Nearby schools in Memphis

    GreatSchools rating

    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

    Memphis, TN Rental Market Data

    Frequently asked questions

    What is the walk score of The Rise?

    The Rise has a walk score of 76, it's very walkable.

    What is the transit score of The Rise?

    The Rise has a transit score of 49, it has some transit.

    What schools are assigned to The Rise?

    The schools assigned to The Rise include Downtown Elementary School, Memphis Grizzlies Preparatory Charter School, and Manassas High School.

    Does The Rise have in-unit laundry?

    Yes, The Rise has in-unit laundry for some or all of the units.

    What neighborhood is The Rise in?

    The Rise is in the Downtown neighborhood in Memphis, TN.

    What are The Rise's policies on pets?

    A maximum of 2 dogs are allowed per unit. A maximum of 2 cats are allowed per unit.