Zumper
modified
5+ Days Ago

Highlights

  • Gated parking
  • Oversized windows
  • Granite countertops
  • Central heat and air
  • Open floor plan
  • Tall ceilings

Location

1640 Monroe Ave, Memphis, TN 38104, USA|Monroe Avenue Residents Coalition
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Contact

Management

Revid Property Management

Leasing office

(901) 725-7766

Property Overview

At 1640 Monroe, the property exhibits a strong overall Zumper expert rating of 8 out of 10, reflecting its exceptional amenities and competitive pricing. With notable features such as gated parking, oversized windows, and a prime location boasting easy access to health and wellness centers, restaurants, and event hubs, it caters well to active lifestyles and social engagement. Additionally, the property ranks in the 70.45 percentile for value, ensuring a reliable and attractive option for renters.

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.

Zumper Expert Rating

8.0
Very Good
With a solid 8 out of 10 overall, 1640 Monroe is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1640 Monroe has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Dishwasher
  • Laundry available on site

Great for

  • Wellness
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath$795 /mo1 unit availableRecently renovated 1 bedroom 1 bath apartment in sought after Midtown location. Beautiful refinished hardwood floors, granite countertops, and open floor plan with central heat and air and gated parking. Tall ceilings open up the rooms with oversized windows providing natural light. Come start the new year off right by moving in to this sought after apartment Contact our office to scheduled a showing - this apartment will not last long! 901-725-7766 ext 2.

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Amenities for 1640 Monroe

Appliances

DishwasherFridge
RangeRefrigerator
Stove

Building

Onsite Laundry

Other

Lessee To Have Apartment Level Utilities In Their Name
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
Building details

Property details

Units3
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About 1640 Monroe

HomeApartments in MemphisMonroe Avenue Residents Coalition 1640 Monroe

Recently renovated 1 bedroom 1 bath apartment in sought after Midtown location. Beautiful refinished hardwood floors, granite countertops, and open floor plan with central heat and air and gated parking. Tall ceilings open up the rooms with oversized windows providing natural light. Come start the new year off right by moving in to this sought after apartment Contact our office to scheduled a showing - this apartment will not last long! 901-725-7766 ext 2.


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.
8.0
/10
Very Good
With a solid 8 out of 10 overall, 1640 Monroe is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 1640 Monroe has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 1640 Monroe
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, 1640 Monroe is a great option for renters looking for apartments in Monroe Avenue Residents Coalition. 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·9A 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.
1640 Monroe goes above and beyond to provide sought-after conveniences and desirable perks, including lessee to have apartment level utilities in their name. Renters looking for popular or luxurious features will find them here—and for that reason, 1640 Monroe receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
1640 Monroe 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 1640 Monroe 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.

1640 Monroe is great for:

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 8 health/wellness centers nearby
  • 3 farmers markets or health food stores nearby

Social life

  • 141 restaurants within 1 mile of this property
  • 197 mixed-use spaces nearby
  • Diverse age groups live in this area
  • 27 local event hubs within 1 mile

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 1640 Monroe compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Dishwasher
Dishwasher available in kitchen
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away

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Rent trends in Monroe Avenue Residents Coalition

1-bedroom apartments at 1640 Monroe cost about the same as the average rent price for 1-bedroom apartments in Monroe Avenue Residents Coalition.

Median rents as of Apr 11 2026.
Monroe Avenue Residents Coalition
Memphis
A table of 1-bedroom apartment rental data trends in Memphis
MonthMedian Rent
April 2024$940
May 2024$939
June 2024$933
July 2024$993
August 2024$1,022
September 2024$1,070
October 2024$1,067
November 2024$1,060
December 2024$1,059
January 2025$1,070
February 2025$1,035
March 2025$1,016
April 2025$996
May 2025$995
June 2025$995
July 2025$968
August 2025$989
September 2025$962
October 2025$964
November 2025$978
December 2025$970
January 2026$943
February 2026$949
March 2026$926
April 2026$900
A table of 1-bedroom apartment rental data trends in Monroe Avenue Residents Coalition
MonthMedian Rent
April 2024$885
May 2024$885
June 2024$842
July 2024$885
August 2024$834
September 2024$783
October 2024$747
November 2024$750
April 2025$815
May 2025$794
June 2025$930
July 2025$940
August 2025$778
September 2025$779
October 2025$798
November 2025$789
December 2025$808
January 2026$826
February 2026$889
March 2026$799
April 2026$795

Affordability calculator

Can I afford to live at 1640 Monroe Ave?

Bedrooms

1 bedroom

Rent-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

$31,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $31,800 annually to afford this 1-bedroom monthly rent price of $795.
For more information on rent affordability, visit our rent calculator.

Schools near 1640 Monroe

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-

University of Memphis - University Campus School

535 zach curlin

memphis, TN, 38152

K-5Public
A-
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Internet available near 1640 Monroe

Getting around Memphis near 1640 Monroe Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

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 1640 Monroe Ave, Memphis

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

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 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

5/10
Some bars within walking distance

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