Nearby rentals
Renter hub
Property management
| Monthly rent | $1,140–$1,690 |
|---|---|
| Beds | Studio–1 |
| Baths | 1 |
| Sqft | 520–884 |
1 Bed 1 bath unit
| Units | 4 |
|---|---|
| Units available | 2 |
| City | |
| Zip code | 38103 |
This property features recent renovations with luxury wood-style flooring and is pet-friendly, enhancing its appeal for those seeking modern living. Located in downtown Memphis, it offers easy access to numerous restaurants, cultural centers, and parks, promoting an active social lifestyle. Additionally, its proximity to well-rated schools and a public parking garage complements its value as a competitive choice in the local market.
Things you’ll love
Great for
Available
Studio
1 Bath
$1,140
Central Heat • Ceiling Fan • Hardwood Floor • High Ceilings • Walk-In Closets • Dishwasher
Available
1 Bed
1 Bath
$1,690
In-Unit Laundry • Ceiling Fan • Hardwood Floor • High Ceilings • Walk-In Closets • Dishwasher
Occupied Units
Occupied
2 Beds
2 Baths
$1,940
In-Unit Laundry • Central Heat • Ceiling Fan • Hardwood Floor • High Ceilings • Dishwasher
Occupied
2 Beds
2 Baths
$2,940
In-Unit Laundry • Central Heat • Ceiling Fan • Hardwood Floor • Dishwasher • Deck
Some units at this address have these amenities. View unit details for more information.
One-time.
One-time. Refundable.
Garage Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Find your perfect retreat at 124 Monroe Ave, Memphis, TN 38103, in the heart of downtown. This intimate 4-unit property offers 1 bedroom and studio options, ranging from 520 to 884 square feet. Recently renovated with luxury wood-style flooring, these units boast a range of amenities, including a balcony patio, central heat, and a roof deck with lounges. Enjoy the convenience of appliances and washer/dryer included, as well as on-site laundry and a public parking garage. With a video intercom system and pet-friendly policy, you'll feel right at home. Plus, be close to top-rated schools, including a highly-rated elementary school. Experience the best of downtown living at this exceptional property.
| Units | 4 |
|---|---|
| Units available | 2 |
| City | |
| Zip code | 38103 |
How 124 Monroe Ave, Memphis, TN 38103, USA compares to other nearby properties.
Positives
Studio apartments at 124 Monroe Ave #202 cost about 43% more than the average rent price for studios in Memphis.
1-bedroom apartments here are priced 76% higher than 1-bedrooms in Memphis.
| Month | Median Rent |
|---|---|
| January 2024 | $650 |
| February 2024 | $650 |
| March 2024 | $650 |
| April 2024 | $705 |
| May 2024 | $769 |
| June 2024 | $765 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $934 |
Can I afford to live at 124 Monroe Ave?
Bedrooms
Rent-to-income ratio
30%
$45,600/yr
| Bath | |||||
|---|---|---|---|---|---|
| This month | $2,940 | 2 bed | 2 bath | ||
| Last month | $1,940 | 2 bed | 2 bath |
10 n 4th st
memphis, TN, 38103
995 s lauderdale st
memphis, TN, 38126
535 zach curlin
memphis, TN, 38152
330 jackson ave
memphis, TN, 38112
310 avon rd
memphis, TN, 38117
128 listings
1220 listings
268 listings
1136 listings