5+ Days Ago
Highlights
Pet Friendly
- Free onsite laundry
- Newly remodeled kitchen
- Indoor storage
Location
40 South Morrison Street #16, Memphis, Tennessee 38104, United States
Tour 40 South Morrison Street #16
Contact
Midtown Investment Team
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Property management
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Property Overview
This property features a newly remodeled kitchen, free onsite laundry, and indoor storage, enhancing everyday convenience. It is located in a vibrant area with an abundance of social activities and diverse local attractions, including numerous restaurants, museums, and pet-friendly amenities. Additionally, it is favorably positioned near a top-rated elementary school, offering a strong value per square foot within the neighborhood.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
- Images Available
Great for
Pet owners
Social life
Amenities for 40 South Morrison Street #16
Apartment Amenities
| Air Conditioning |
Appliances
| Dishwasher |
Building
| Cats OK | Dogs OK |
| Onsite Laundry |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 40 South Morrison Street #16
Newly updated spacious 2 Bed/1 Bath apartment, steps away from Overton Square in the heart of Midtown. This apartment features Central A/C, dishwasher, newly remodeled kitchen with appliances, private parking, free onsite laundry, and indoor storage. Showings available this week.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 40 South Morrison Street #16 compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 2-bedroom is 195 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 38104 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Memphis
2-bedroom apartments at 40 South Morrison Street #16 cost about 12% more than the average rent price for 2-bedroom apartments in Memphis.
Median rents as of Dec 6 2025.
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $1,000 |
| January 2024 | $1,010 |
| February 2024 | $1,007 |
| March 2024 | $1,003 |
| April 2024 | $1,024 |
| May 2024 | $1,053 |
| June 2024 | $1,046 |
| July 2024 | $1,081 |
| August 2024 | $1,107 |
| September 2024 | $1,164 |
| October 2024 | $1,125 |
| November 2024 | $1,150 |
| December 2024 | $1,146 |
| January 2025 | $1,151 |
| February 2025 | $1,111 |
| March 2025 | $1,107 |
| April 2025 | $1,106 |
| May 2025 | $1,104 |
| June 2025 | $1,095 |
| July 2025 | $1,091 |
| August 2025 | $1,096 |
| September 2025 | $1,096 |
| October 2025 | $1,073 |
| November 2025 | $1,050 |
| December 2025 | $1,050 |
Affordability calculator
Can I afford to live at 40 South Morrison Street #16?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$47,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $47,000 annually to afford this 2-bedrooms monthly rent price of $1,175.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 2 months ago | $1,250 |
Schools near 40 South Morrison Street #16
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
Shrine School
4259 forest view dr
memphis, TN, 38118
PK, K-12Public
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Internet available near 40 South Morrison Street #16
Getting around Memphis near 40 South Morrison Street #16
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 40 South Morrison Street #16, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
7/10
Several bars within a few minutes’ walk
Explore the area around 40 South Morrison Street #16
The Fresh Market
2145 Union Ave
Kroger
1759 Union Ave
Cash Savers
1620 Madison Ave
Gordon Food Service Store
1460 Union Ave
V H Foods
40 N Cleveland St
Daystar Boutique & Gifts
2027 Madison Ave
Breakaway Running
2109 Madison Ave
The Villa
1985 Madison Ave
Coco & Lola's
710 S Cox St
Urban Outfitters
2151 Central Ave
I Love Juice Bar
553 S Cooper St
Starbucks
1850 Union Ave
Starbucks
1761 Union Ave
Tropical Smoothie Cafe
1708 Union Ave
7 Brew Coffee
1625 Union Ave
Sidestreet Grill
31 Florence St
Applebee's Grill + Bar
2114 Union Ave
Lboe
2021 Madison Ave
Bayou BAR & GRILL
2094 Madison Ave
Blue Monkey
2012 Madison Ave
Jacques Louise Gluten Free Bakery and Coffee Shop
2094 Trimble Pl
The Gingers Bread & Co
1613 Union Ave
Muddy's Bake Shop LLC
2497 Broad Ave
Kroger Bakery
1366 Poplar Ave
Pyramid Midtown Country Pies
1294 Madison Ave
Spanish War Memorial Park
Binghampton Park
Frank Tobey Park
Orange Mound Park
Dlugach Park
IHOP
2060 Union Ave
Chipotle Mexican Grill
2046 Union Ave
Burger King
2090 Union Ave
Sidestreet Grill
31 Florence St
McDonald's
2073 Union Ave
Union Avenue / Diana Street
Union
Union Avenue / Florence Street
Union
Madison Avenue / Diana Street
Madison
Union Avenue / Rembert Street
Union
Cooper Street / Union Avenue
Madison
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