4 Hours Ago
Highlights
- Downtown memphis living
- Well-designed floor plans
Location
266 South Front Street, Memphis, Tennessee 38103, United States
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Property Overview
266 Lofts Phase II presents an attractive opportunity for renters, reflected in its Zumper Expert Rating of 7.8 out of 10, with strong scores across price, amenities, and location. Positioned in downtown Memphis, it offers well-designed floor plans and an impressive array of amenities, highlighting both social life and environmental sustainability, alongside convenient access to public transport and numerous local attractions. With a competitive value for money and a commitment to transparency, this property stands out in its market segment.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- More space
Great for
Social life
Eco living
Floor plans
| LP2-B1 | 2 bed | 2 bath | 1,025 sqft | $1,500 /mo | 1 unit available | Downtown Memphis Living at It's Best. Schedule Your Tour! Call Us Today And Come See Our Downtown Memphis Apartment Homes In Person! Well-Designed Floor Plans. Exclusive Living. | |
| LP2-B2 | 2 bed | 2 bath | 1,300 sqft | $1,750 /mo | 2 units available | Downtown Memphis Living at It's Best. Schedule Your Tour! Call Us Today And Come See Our Downtown Memphis Apartment Homes In Person! Well-Designed Floor Plans. Exclusive Living. |
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 74 |
|---|
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About 266 Lofts Phase II
Downtown Memphis Living at It's Best. Schedule Your Tour! Call Us Today And Come See Our Downtown Memphis Apartment Homes In Person! Well-Designed Floor Plans. Exclusive Living.
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.8
/10
Very Good266 Lofts Phase II is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, 266 Lofts Phase II is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 266 Lofts Phase II is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
266 Lofts Phase II is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 266 Lofts Phase II does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
266 Lofts Phase II is great for:
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 266 Lofts Phase II compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- More space
- Studio is 442 sqft larger than other listings nearby
- Less expensive
- The 2-bedrooms are cheaper than other similar listings nearby
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Rent trends in Memphis
If you decide to upgrade your space, you can expect 2-bedrooms at 266 Lofts Phase II to be 55% more than the average for similarly sized apartments in Memphis.
Median rents as of Nov 29 2025.
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $650 |
| 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 |
Affordability calculator
Can I afford to live at 266 South Front Street?
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
$65,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $65,000 annually to afford this 2-bedrooms median monthly rent price of $1,625.
For more information on rent affordability, visit our rent calculator.
Schools near 266 Lofts Phase II
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
PK, K-5Public
C
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
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Internet available near 266 Lofts Phase II
Getting around Memphis near 266 South Front Street
Walking
8/10
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
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 266 South Front Street, Memphis
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Several bars within a few minutes’ walk
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