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  • The Rise Apartments

    420 Monroe Ave, Memphis, TN 38103

    Apartment building
    Studio-2 beds
    Pet-friendly
    Detached garage
    In-unit laundry (W/D)

    What’s available

    Price may not include required fees and charges.
    Studio, 1 ba
    $1,264-1,324
    576 sqft

    3 units available Aug 22-Sep 11

    Price: $1,264Available: Available Aug 22 2025Unit: Unit 1209
    Price: $1,314Available: Available Sep 11 2025Unit: Unit 1227
    Price: $1,324Available: Available Sep 10 2025Unit: Unit 1427
    Studio, 1 ba
    $1,318
    660 sqft

    1 unit avail. now | 1 avail. Sep 5

    Price: $1,318Available: Available Sep 5 2025Unit: Unit 2203
    Price: $1,318Available: Available NowUnit: Unit 2202
    Studio, 1 ba
    $1,324-1,334
    576 sqft

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

    Price: $1,324Available: Available Aug 15 2025Unit: Unit 2222
    Price: $1,334Available: Available Aug 18 2025Unit: Unit 1215
    1 bd, 1 ba
    $1,494
    712 sqft

    1 unit available Aug 26

    1 bd, 1 ba
    $1,495
    773 sqft

    1 unit available now

    1 bd, 1 ba
    $1,530-1,580
    768 sqft

    1 unit avail. now | 3 avail. Aug 15-Oct 5

    Price: $1,530Available: Available Aug 15 2025Unit: Unit 2312
    Price: $1,565Available: Available NowUnit: Unit 1426
    Price: $1,565Available: Available Oct 5 2025Unit: Unit 2412
    Price: $1,580Available: Available Sep 28 2025Unit: Unit 1325
    1 bd, 1 ba
    $1,590
    768 sqft

    1 unit available Sep 29

    2 bd, 2 ba
    $2,129
    1,044 sqft

    1 unit available Sep 7

    2 bd, 2 ba
    $2,249-2,280
    1,095 sqft

    1 unit avail. now | 1 avail. Sep 30

    Price: $2,249Available: Available Sep 30 2025Unit: Unit 2314
    Price: $2,280Available: 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.
    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!

    Office hours

    DayOpen 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

    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 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.