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.
Income restricted
Apartment building
1-2 beds
Pet-friendly
Available units
Price may not include required fees and charges.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 1BR 1 bd, 1 ba | 500 | Now | $900+ |
 2BR 2 bd, 1 ba | 768 | Now | $1,200+ |
What's special
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
Policies
Lease terms
- Flexible
- Less than 1 year
- One year
Pet essentials
- Small dogsAllowed
- CatsAllowed
- Large dogsLarge dogs are not allowed
Utilities included in rent
- Garbage
- Internet
- Sewer
- Water
- Hot water
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
Walk Score®
/ 100
Walker's ParadiseTransit Score®
/ 100
Good TransitBike Score®
/ 100
Very BikeableNearby schools in Memphis
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2.1 mi
Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
Similar apartments for rent
Frequently asked questions
Merchants' & Cotton Exchange Apartments is located at 9 N 2nd St in Downtown, Memphis, TN. The surrounding area includes approximately 20 restaurants and cafes within 1 mile, such as Crazy Gander Coffee Company, Maciel's Tortas & Tacos, and Flight Restaurant and Wine Bar.
The nearest public transit stop is Main Street Trolley, approximately 0.3 miles away.
Based on the latest Zillow data, the average rent across all unit types in Memphis is currently $1,938 per month. Prices vary by neighborhood, floor plan, and building amenities.
Merchants' & Cotton Exchange Apartments is located within 0.1 miles of Envision Memphis, 0.2 miles of The Peabody Rooftop, and 0.4 miles of Statue of Elvis.
Merchants' & Cotton Exchange Apartments is located near 3 grocery stores, including 0.1 miles from The Peanut Shoppe, 0.2 miles from City Market Groceries & Deli, and 0.4 miles from Beale Sweets Sugar Shack. Additional shopping options, including Walgreens, are approximately 0.1 miles away.
The total price for an apartment unit in Merchants' & Cotton Exchange Apartments ranges from $900 to $1,200. The total price will vary by floor plan, unit size, and unit amenities.
Rent in Memphis has decreased by $107 month-over-month, according to the latest Zillow rental data.
The schools assigned to Merchants' & Cotton Exchange Apartments include Downtown Elementary School and Manassas High School.
This is an income restricted property
This property offers housing at affordable prices. Renters or households must meet income requirements, and the property manager may have additional eligibility criteria.