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
Garage parking
In-unit laundry (W/D)
Available units
Price may not include required fees and charges. Price shown reflects the lease term provided for each unit.
Unit , sortable column | Sqft, sortable column | Available, sortable column | Base rent, sorted ascending |
|---|---|---|---|
 Unit 1312 Studio, 1 ba | 486 | Sep 3 | $1,300 |
 Unit 1310 Studio, 1 ba | 576 | Oct 26 | $1,340 |
 Unit 2208 Studio, 1 ba | 576 | Jul 24 | $1,375 |
 Unit 2324 Studio, 1 ba | 532 | Aug 31 | $1,375 |
Unit 1418 Studio, 1 ba | 576 | Oct 7 | $1,393 |
 Unit 2221 1 bd, 1 ba | 768 | Aug 12 | $1,633 |
 Unit 1228 1 bd, 1 ba | 773 | Jul 24 | $1,652 |
Unit 2412 1 bd, 1 ba | 768 | Oct 1 | $1,668 |
 Unit 2320 1 bd, 1 ba | 889 | Jul 19 | $1,752 |
Unit 2407 1 bd, 1 ba | 889 | Now | $1,762 |
 Unit 2106 2 bd, 2 ba | 1,044 | Nov 7 | $1,928 |
Unit 2306 2 bd, 2 ba | 1,044 | Now | $2,013 |
 Unit 1108 2 bd, 2 ba | 1,135 | Jan 7 | $2,013 |
 Unit 1217 2 bd, 2 ba | 1,095 | Aug 27 | $2,188 |
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
Services & facilities
- Bicycle Storage: Bike Storage
- Pet Park: Pet Area
Unit Features
Appliances
- Dryer: Washer And Dryer Included
- Washer: Washer And Dryer Included
Internet/Satellite
- High-speed Internet Ready: High-speed Internet And Cable Ready
Other
- Patio Balcony: Private Outdoor Patios And Balconies*
Policies
Parking
- Garage Lot
- Garage: Multi-level Parking Garage Area
- Other
- Valet Parking: Valet Trash Services
Lease terms
- 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16
Pet essentials
- DogsAllowedNumber allowed2Monthly dog rent$35One-time dog fee$350
- CatsAllowedNumber allowed2Monthly cat rent$35One-time cat fee$350
Additional details
$350 for 1 dog, $500 for 2 dogs. | Restrictions: breed restrictions visit community for details.
Pet amenities
Pet Park: Pet Area
Special Features
- Closet: Generous Closet Spaces
- Concierge: On-site Mailboxes And Large Package Concierge Room
- Custom Cabinetry With Quartz Countertops
- Gourmet Kitchens Featuring Stainless Appliances
- Hardwood Style Flooring.
- Porcelain Tile
- 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
Walk Score®
/ 100
Very WalkableTransit Score®
/ 100
Some TransitBike Score®
/ 100
Very BikeableNearby 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
Nearby apartments for rent
Listing order may reflect relevance, quality, and paid promotion.
Similar apartments for rent
Frequently asked questions
The Rise Apartments is located at 420 Monroe Ave in Downtown, Memphis, TN. The surrounding area includes approximately 20 restaurants and cafes within 1 mile, such as Boycott Coffee, French Truck Coffee, and Starbucks.
The nearest public transit stop is Main Street Trolley, approximately 0.6 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.
The Rise Apartments is located within 0.4 miles of Sun Studio, 0.5 miles of The Peabody Rooftop, and 0.5 miles of Envision Memphis.
The Rise Apartments is located near 3 grocery stores, including 0.5 miles from ALDI, 0.6 miles from City Market Groceries & Deli, and 0.6 miles from The Peanut Shoppe. Additional shopping options, including Havana Mix, are approximately 0.5 miles away.
The total price for an apartment unit in The Rise Apartments ranges from $1,300 to $2,188. 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 The Rise Apartments include Downtown Elementary School, Memphis Grizzlies Preparatory Charter School, and Manassas High School.
