The Rise Apartments
Memphis, TN · $1,310–$2,189/mo base rent

The Rise Apartments – Memphis, TN

420 Monroe Avenue, Memphis, TN 38103
Advertised base rent from
$1,310–$2,189/ month · Studio–2 Bed — not the total monthly price

Advertised base rent does not include all required monthly charges, one-time fees, utilities, or optional services. Confirm the current total monthly leasing price and all charges directly with the property before applying or signing a lease.

Pricing & availability verified October 8, 2026 · property feed
Studio–2 BedLayouts
532–1,155Sq Ft
2Available now
YesPets
Friday, October 9 at 9:00 AM CDTNext Tour
  • State of the Art Fitness Center
  • Dog Park
  • Multi-Level Parking Garage
  • EV Charging Stations
The Rise Apartments poolside lounge area - Memphis, TN
20 photos

About

The Rise Apartments sits at 420 Monroe Avenue in Memphis’ Edge District, in a former Wonderbread Bakery location. The community offers studio, 1-bedroom, and 2-bedroom layouts with 1–2 bathrooms, ranging from 486 to 1,206 square feet. On-site amenities include a state-of-the-art fitness center, a community clubroom with a business center and Wi‑Fi, a resort-style pool with an outdoor lounge, and controlled-access/gated entry. Everyday conveniences include valet trash service, bike storage, on-site mailboxes with a large package concierge room, and a multi-level parking garage. Inside the apartments, you’ll find stainless appliances in gourmet kitchens, quartz countertops with custom cabinetry, hardwood-style flooring, and an in-home washer and dryer (with patios/balconies available in select homes).

Advertised base rent
$1,310–$2,189
Bedrooms
Studio–2 Bed
Home size
532–1,155 sq ft
Availability
2 available now · 7 upcoming
Pets
Pet friendly

Rent by bedroom

HomeStarting rentFloor plansAvailable
Studio532–660 sq ft From $1,310/mo 4 1 available now · 4 upcoming
1 Bedroom648–768 sq ft From $1,649/mo 2 1 available now · 2 upcoming
2 Bedroom1,155 sq ft From $2,189/mo 1 None available now · 1 upcoming

Available Homes

2 available now · 7 upcoming
Floor planBedsBathsSizeBase rentAvailabilityTour
A1A 1Bed/1Bath 1 1 768 sq ft $1,789/mo Available now Schedule a tour for A1A 1Bed/1Bath →
Street View Third Floor
A1C 1Bed/1Bath 1 1 648 sq ft $1,649/mo Available Oct 19, 2026 Schedule a tour for A1C 1Bed/1Bath →
Street View Third Floor
A1C 1Bed/1Bath 1 1 648 sq ft $1,649/mo Available Nov 2, 2026 Schedule a tour for A1C 1Bed/1Bath →
Street View Second Floor
B3A 2Bed/2Bath 2 2 1155 sq ft $2,189/mo Available Dec 12, 2026 Schedule a tour for B3A 2Bed/2Bath →
Street View First Floor
S1b Studio Studio 1 660 sq ft $1,413/mo Available Nov 26, 2026 Schedule a tour for S1b Studio →
Street View Patio Third Floor
S1c Studio 1 535 sq ft $1,380/mo Available now Schedule a tour for S1c →
Patio Fourth Floor
S2 Studio 1 532 sq ft $1,328/mo Available Jan 5, 2027 Schedule a tour for S2 →
Patio Courtyard View Fourth Floor
S2a Studio 1 576 sq ft $1,310/mo Available Oct 26, 2026 Schedule a tour for S2a →
Street View Third Floor
S2a Studio 1 576 sq ft $1,370/mo Available Oct 18, 2026 Schedule a tour for S2a →
Pool View Fourth Floor

Availability, unit details, and move-in dates may change and are not guaranteed until confirmed by the property.

Floor Plans

7 floor plans · 532–1,155 sq ft.

Floor-plan details describe the community and do not indicate current unit availability.

Studios

4 plans · 532–660 sq ft
S1b Studio
Studio · 1 ba · 660 sq ft
$1,413/mo
Schedule a tour → for S1b Studio Ask about this plan S1b Studio
S1c
Studio · 1 ba · 535 sq ft
$1,380/mo
Schedule a tour → for S1c Ask about this plan S1c
S2
Studio · 1 ba · 532 sq ft
$1,328/mo
Schedule a tour → for S2 Ask about this plan S2
S2a
Studio · 1 ba · 576 sq ft
$1,310–$1,370/mo
Schedule a tour → for S2a Ask about this plan S2a

1 Bedroom

2 plans · 648–768 sq ft
A1A 1Bed/1Bath
1 bd · 1 ba · 768 sq ft
$1,789/mo
Schedule a tour → for A1A 1Bed/1Bath Ask about this plan A1A 1Bed/1Bath
A1C 1Bed/1Bath
1 bd · 1 ba · 648 sq ft
$1,649/mo
Schedule a tour → for A1C 1Bed/1Bath Ask about this plan A1C 1Bed/1Bath

2 Bedroom

1 plan · 1,155 sq ft
B3A 2Bed/2Bath
2 bd · 2 ba · 1155 sq ft
$2,189/mo
Schedule a tour → for B3A 2Bed/2Bath Ask about this plan B3A 2Bed/2Bath

Costs & fees

These are the charges we have confirmed. They may not be the full list, so no total monthly price is shown — confirm all charges directly with the property.

Charges that apply in some circumstances

Pet rent $35 per month per pet

One-time charges

Pet deposit or fee $350 one-time per pet

Pets & Parking

Parking typeGarage

Leasing Policies

Lease terms6, 12 or 15 months

Community Amenities

  • Bike Storage
  • Community Clubroom with Business Center & WI-FI
  • Controlled Access/Gated
  • Courtyard
  • Dog Park
  • EV Charging Stations
  • Fire Pit
  • Gas Grill
  • Multi-Level Parking Garage
  • On-Site Mailboxes and Large Package Concierge Room
  • Online Rent Payment
  • Online Service Requests
  • Pet Area
  • Resort-Style Pool with Outdoor Lounge
  • State of the Art Fitness Center
  • Valet Trash Service

Unit Features

  • Spacious Floorplans
  • Gourmet Kitchens Featuring Stainless Appliances
  • Custom Cabinetry with Quartz Countertops
  • Quartz Countertops
  • Porcelain Tile
  • Private Outdoor Patios and Balconies
  • Generous Closet Spaces
  • Washer and Dryer Included
  • USB Outlets
  • High-Speed Internet Ready
  • Cable Ready
  • Hardwood-Style Flooring
  • Stainless Steel Appliances
  • Dishwasher
  • Microwave
  • Refrigerator with Ice Maker and Water Dispenser

Neighborhood

The Rise sits on Monroe Avenue in the Edge District, between Downtown Memphis and the Medical District. The location is set up for quick access to major destinations like the University of Tennessee Health Science Center, Le Bonheur Children’s Hospital, Regional One Health, and St. Jude Children’s Research Hospital. Getting around is straightforward with Memphis Area Transit Authority (MATA) service nearby; the closest stop is at Union Avenue and Lauderdale Street. The neighborhood also puts you close to well-known Memphis stops like Beale Street and FedEx Forum, plus local parks such as Health Sciences Park and Tom Lee Park. Day-to-day errands are easy with grocery options including Aldi and Kroger nearby, and downtown staples like Charlie Vergos’ Rendezvous and Gus’s World Famous Fried Chicken in the area.

What Sets The Rise Apartments Apart

The Edge District puts The Rise in a spot that’s different from many Downtown Memphis communities: you’re positioned between downtown destinations like Beale Street and FedEx Forum and major Medical District anchors such as the University of Tennessee Health Science Center and Le Bonheur Children’s Hospital. For day-to-day convenience, the location stands out for transit access (a MATA stop) and nearby essentials like grocery options including Aldi and Kroger, along with quick access to parks such as Health Sciences Park and Tom Lee Park.

Photos

20 photos.

Property FAQs

What floor plan options are available at The Rise Apartments?

The community offers studio, 1-bedroom, and 2-bedroom apartments, with 1–2 bathrooms depending on the layout.

Is The Rise Apartments pet-friendly, and what are the pet fees?

Pets are allowed (maximum 2 per apartment). The one-time pet fee is $350, with pet rent of $35/month. The community notes $350 for 1 dog and $500 for 2 dogs, with breed restrictions (visit the community for details).

Is parking available, and how does it work?

Paid parking is available on the street and in the lower levels of the Premium Parking garage connected to the property. Resident parking is in the gated upper levels of the garage for $75 per month per vehicle.

What lease term options are available?

Lease terms include 6-month, 12-month, and 15-month options (among others). Pricing varies by term and move-in date.

What amenities are available for residents?

Amenities include a state-of-the-art fitness center, a community clubroom with a business center and Wi‑Fi, a resort-style pool with an outdoor lounge, controlled-access/gated entry, bike storage, valet trash service, and an on-site package concierge room.

How close is public transit?

Public transit is available through MATA. The nearest stop is at Union Avenue and Lauderdale Street.

How do I apply, and what are the application and admin fees?

Applications are completed through the online application link. The application fee is $75 per person (18+), and the administrative fee is $200.

Common rental questions about The Rise Apartments

Illustrative examples answered from the property's published details — not a record of questions renters have asked, and not a guarantee.

Apartments near the University of Tennessee Health Science Center in Memphis — what’s close?

The Rise Apartments sits on Monroe Avenue in the Edge District, between Downtown Memphis and the Medical District, with quick access to the University of Tennessee Health Science Center. Floor plans run from studios (like the S1 at 512 sq ft) up to 2 bed/2 bath layouts (like the B2A at 1,206 sq ft). Community amenities include controlled access, a state-of-the-art fitness center, and a resort-style pool with an outdoor lounge.

What apartments in Memphis have a dog park and a resort-style pool?

The Rise Apartments at 420 Monroe Avenue, Memphis, TN 38103 has both a dog park and a resort-style pool with an outdoor lounge. You’ll also find a pet area, courtyard, fire pit, gas grill, and a community clubroom with a business center and Wi‑Fi. Homes range from studio to 2 bed/2 bath, and units include in-home washers and dryers plus private patios or balconies.

I need an apartment near a MATA stop in Memphis — what’s nearby?

The Rise Apartments is set up for transit access, with Memphis Area Transit Authority (MATA) service nearby and the closest stop at Union Avenue and Lauderdale Street nearby. It’s in the Edge District on Monroe Avenue, positioned between Downtown Memphis and the Medical District. Studio, 1-bedroom, and 2-bedroom floor plans are available, and there’s a multi-level parking garage plus online rent payment and service requests.

Contact

Address
420 Monroe Avenue, Memphis, TN 38103
Managed by
RAM Partners, LLC.
Find us on

Office Hours

Monday:8:30 AM - 5:30 PM Tuesday:8:30 AM - 5:30 PM Wednesday:8:30 AM - 5:30 PM Thursday:8:30 AM - 5:30 PM Friday:8:30 AM - 5:30 PM Saturday:10:00 AM - 5:00 PM