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modified
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Highlights

  • Pet Friendly

Location

420 Monroe Ave, Memphis, TN 38103, USA|New Pathways
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Contact

Management

RAM Partners, LLC

Our team has verified this company

Leasing office

(901) 267-5768

Open today 

8:30 am–5:30 pm CT

Property Overview

The Rise Apartments is a top-tier, verified community with a 9.6/10 expert rating, offering exceptional value, quality, and trustworthiness, plus perfect scores for amenities and location. Residents have convenient access to groceries and public transit, along with extensive nearby dining, mixed-use spaces, parks, and recreation. On-site lounges, fitness center, pool or spa, high-speed internet, and strong pet-friendly resources make it well-suited for social life, wellness, remote work, and pet owners.

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

9.6
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Rise Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • High school nearby
  • Elementary school nearby
  • Middle school nearby

Great for

  • Social life
  • Wellness
  • Work-from-home

Floor plans

S2bStudio1 bath486 sqft$1,324–$4,458 /mo1 unit available
S2dStudio1 bath576 sqft$1,399–$3,377 /mo
A2 1Bed/1Bath1 bed1 bath773 sqft$1,677–$4,921 /mo1 unit available
A2A 1Bed/1Bath1 bed1 bath829 sqft$1,758–$5,209 /mo2 units available
A3 1Bed/1Bath1 bed1 bath889 sqft$1,818–$5,359 /mo3 units available
B2 2Bed/2Bath2 bed2 bath1,135 sqft$1,942–$5,494 /mo1 unit available
B3 2Bed/2Bath2 bed2 bath1,095 sqft$2,005–$6,211 /mo4 units available
B1 2Bed/2Bath2 bed2 bath1,044 sqft$2,007–$5,780 /mo1 unit available
B2A 2Bed/2Bath2 bed2 bath1,206 sqft$2,062–$5,679 /mo1 unit available
S2cStudio1 bath486 sqftAsk to join waitlistComing soon
S2Studio1 bath532 sqftAsk to join waitlistComing soon
S2aStudio1 bath576 sqftAsk to join waitlistComing soon
S1 StudioStudio1 bath512 sqftAsk to join waitlistComing soon
S1cStudio1 bath535 sqftAsk to join waitlistComing soon
S1b StudioStudio1 bath660 sqftAsk to join waitlistComing soon
A1B 1Bed/1Bath1 bed1 bath648 sqftAsk to join waitlistComing soon
A2B 1Bed/1Bath1 bed1 bath761 sqftAsk to join waitlistComing soon
A1C 1Bed/1Bath1 bed1 bath648 sqftAsk to join waitlistComing soon
A1 1Bed/1Bath1 bed1 bath712 sqftAsk to join waitlistComing soon
A1E 1Bed/1Bath1 bed1 bath768 sqftAsk to join waitlistComing soon
A1A 1Bed/1Bath1 bed1 bath768 sqftAsk to join waitlistComing soon
A1A ALT 1Bed/1Bath1 bed1 bath768 sqftAsk to join waitlistComing soon
A1D 1Bed/1Bath1 bed1 bath997 sqftAsk to join waitlistComing soon
B3A 2Bed/2Bath2 bed2 bath1,155 sqftAsk to join waitlistComing soon

Let's explore this property.

Amenities for The Rise Apartments

Apartment Amenities

Custom Cabinetry with Quartz CountertopHardwood Floor
Hardwood-style FlooringPorcelain Tile
Spacious Floor Plans

Appliances

In-Unit LaundryWasher and Dryer

Tech

High Speed Internet and Cable Ready

Building

Bike StorageCats OK
ClubhouseControlled Access
Dogs OKFitness Center
Residents Lounge

Grounds

Garage ParkingGate
Pet AreaStorage
Swimming Pool

Services

Concierge ServiceValet Trash Services
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

Application Fee

Per-applicant. Refund Policy: Non-refundable. Application Fee.

$75

Administration Fee

One-time. Refund Policy: Non-refundable. Administration Fee.

$200

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Cable - Third Party

Monthly. Refund Policy: Non-refundable. Cable - Third Party.

Usage Based

Water/sewer

Monthly. Refund Policy: Non-refundable. Water/Sewer.

Usage Based

Water

Monthly. Refund Policy: Non-refundable.

$7

Utility Billing Fee

Monthly. Refund Policy: Non-refundable. Utility Billing Fee.

$8

Valet Trash

Monthly. Refund Policy: Non-refundable.

$25

Electric - Third Party

Monthly. Refund Policy: Non-refundable. Electric - Third Party.

Usage Based

Pest Control

Monthly. Refund Policy: Non-refundable.

$5

OPTIONAL FEES

Parking Policy

Garage Parking

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Cat Fee

One-time. 2 cats max. Refund Policy: Non-refundable.

$350

Cat Rent

Monthly. Refund Policy: Non-refundable.

$35

Dog

Dog Fee

One-time. 2 dogs max. Refund Policy: Non-refundable.

$350

Dog Rent

Monthly. Refund Policy: Non-refundable.

$35

Pet

Pet Fee

One-time. 2 pets max. Refund Policy: Non-refundable.

$0

Pet Management - Third Party

Annually. Refund Policy: Non-refundable. Pet Screening for vaccination records.

$30

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units199
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About The Rise Apartments

HomeApartments in MemphisNew Pathways The Rise Apartments

A boutique collection of Studio, One, and Two Bedroom Apartments for rent in Memphis, TN. A new way of apartment living has arrived in Memphis. Formerly home to the original Wonderbread Bakery, The Rise is now creating a place and space for wonderful things. Amenities that inspire. Apartments that indulge. Class A in every way. Come home to our apartments for rent in Memphis, TN, and be amazed. Discover the home you deserve at The Rise and start your lease today!


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.
9.6
/10
Excellent
Earning an outstanding 9.6 out of 10 overall rating, The Rise Apartments is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Amenities and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated The Rise Apartments
Price·9A 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.
The Rise Apartments stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·10A 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.
The Rise Apartments stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Rise Apartments offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A 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.
The Rise Apartments has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at The Rise Apartments.
Trustworthiness·9A 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 Rise Apartments has gone above and beyond to craft a useful, detailed description, demonstrating transparency and trustworthiness, and giving renters a clear picture of what to expect from the property and its management, so they can make an informed decision about whether the rental meets their needs.

Reviews from the web

Showing 8 highest rated

The atmosphere is extremely welcoming and felt like home before it actually became my home.

Kendrick Newman-Murrell

Kendrick Newman-Murrell

Oct 05, 2024

The rise is a beautiful complex and offers great amenities. Victoria in the leasing office gave excellent service and made us feel very welcomed from the moment we walked in. I’d definitely recommend this place for your next home.

Darren Thompson

Darren Thompson

Oct 17, 2024

We’re sharing just 8 of many, sorted highest to lowest. Visit the Google business profile to view all reviews.

The Rise Apartments is great for:

Social life

  • 239 restaurants within 1 mile of this property
  • Area has 48 parks and recreation options
  • 206 mixed-use spaces nearby
  • 41 theaters, music venues, or sports arenas nearby

Wellness

  • On-site fitness center or gym
  • 48 parks nearby
  • There are 19 grocery stores within 1 mile
  • On-site pool or spa

Work-from-home

  • High speed internet is an amenity
  • Common areas for meetings or remote work
  • 4 office supply stores within 1 mile
  • 1 internet service provider option nearby

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 The Rise Apartments compares to other nearby properties.

Positives

High school nearby
There is a high school 0.4 mile away
Elementary school nearby
There is an elementary school 0.3 mile away
Middle school nearby
There is a middle school 0.2 mile away
Images Available
There are at least 10 photos of this address

Considerations

Grow a garden indoors
A balcony, backyard, or shared outdoor space isn't available

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Rent trends in New Pathways

Studio apartments at The Rise Apartments cost about 60% more than the average rent price for studios in New Pathways.

1-bedroom apartments here are priced 27% higher than 1-bedrooms in New Pathways.

If you decide to upgrade your space, you can expect 2-bedrooms at The Rise Apartments to be 30% more than the average for similarly sized apartments in New Pathways.

Median rents as of May 30 2026.
New Pathways
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
June 2024$754
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$904
January 2026$858
February 2026$1,202
March 2026$1,203
April 2026$1,193
May 2026$1,187
A table of studio rental data trends in New Pathways
MonthMedian Rent
June 2024$1,222
July 2024$1,180
August 2024$1,206
September 2024$1,140
December 2024$1,041
January 2025$1,019
February 2025$1,019
March 2025$1,075
April 2025$1,199
May 2025$1,227
June 2025$1,203
July 2025$1,195
August 2025$1,133
September 2025$1,104
October 2025$1,111
November 2025$1,164
December 2025$1,135
January 2026$1,176
February 2026$1,226
March 2026$1,199
April 2026$1,153
May 2026$1,133

Affordability calculator

Can I afford to live at 420 Monroe Ave?

Bedrooms

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

$54,460/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,460 annually to afford this studio median monthly rent price of $1,361.
For more information on rent affordability, visit our rent calculator.

Schools near The Rise Apartments

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-

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-
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Internet available near The Rise Apartments

Getting around Memphis near 420 Monroe Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
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

4/10
There are a few mass transit options within the area.

Points of interest for 420 Monroe Ave, Memphis

Groceries

7/10
At least one supermarket within a 15-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

9/10
At least one high school within a 10-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 420 Monroe Ave

ALDI
785 Union Ave
D Canale
79 S 2nd St
Pope Street Grocery
201 Poplar Ave
Brothers Sundry
216 N Lauderdale St
City Market Memphis
99 S 2nd St

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