10 photos
Pet Friendly
Garage
High-Speed Internet

The Rise

Apartment
1-2 beds
1-2 baths

About 420 Monroe Ave

Welcome home to The Rise, where ease of living meets crafted style. Brand New luxury apartments. Surrounded by natural beauty in the heart of downtown Memphis, connect at Memphis' exclusive community catered to exceed your desires at every stage. Featuring studios, 1 and 2 bedroom apartments homes, each residence emanates comfortable livability and polished comfort, letting you energize your active lifestyle and engage with your community. Built for healthy living and refined sensibilities, The Rise invites you to create a space that's authentically yours. Cats allowed, Dogs allowed, Pet friendly, Clubhouse, Concierge, Gym, Parking, Pool, Bike storage, Garage, Internet access, Trash valet, Business center, Dog park & E-payments.
RentalSource last checked: June 8, 2025 at 6:00 AM ET
Listed by: The Rise

Property Summary

Property Type: Apartment
Rental Fee: $1,264 - $1,879
Bedrooms: 1-2 beds
Bathrooms: 1-2 baths
Size: Inquire
Pet Friendly: Yes
Has Garage: Yes
ID: 67981966

Property Amenities

•  Garage
•  High-Speed Internet
•  Pet Friendly

Community Features

•  Bike Paths
•  Clubhouse
•  Fitness Center
•  Pool
•  Reserved Parking
•  Storage

Unit Rates

Name Beds Baths Sqft Rent
Studio (S2b) 1 1 - $1,264
Studio (S2) 1 1 - $1,340
Studio (S2a) 1 1 - $1,349
Studio (S2d) 1 1 - $1,364
S1b Studio 1 1 - $1,459

Leasing Information

Pet fee: $300. Pet limit: 2. Pet rent: First Pet: $15, Second Pet: $20. Pet restrictions: No Aggressive Breeds.

Additional Details

Apartments for rent in Memphis for $1,264-$1,879 with 1-2 beds, 1-2 baths, pet friendly and located within The Rise at 420 Monroe Ave in Memphis, TN 38103. The averaged rental price of $1,572 is 38.5% ($437) higher than the average rent of $1,135 for apartments in Memphis, TN and 26.5% ($329) higher than the average rent of $1,243 for apartments in Shelby County. This apartment is in the Shelby County School District and the nearest schools are Downtown Elementary, Bellevue Middle and Central High. The Rise was advertised by The Rise 6+ months ago and last updated on June 8, 2025 at 6:00 AM ET.

Affordability Calculator

Can I afford to live at 420 Monroe Ave?
Bedrooms
1 bedroom
30%
10% Recommended 50%
Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$50,560 /year
With your chosen rent-to-income ratio, an annual income of $50,560 is recommended to comfortably afford this 1-bedroom rental priced at $1,264 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,264 - $1,879
Interested in 420 Monroe Ave?
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Property managed by:
The Rise
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Ask About 420 Monroe Ave

The Rise, 420 Monroe Ave, Memphis, TN 38103 - Apartment For Rent
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