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Highlights

  • Rent Special
  • Pet Friendly
  • Grilling stations
  • Stainless steel appliances
  • Hardwood-style flooring
  • Large windows
  • Spectacular views
  • Resort style swimming pool

Location

7 Vance Ave, Memphis, TN 38103, USA
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Contact

Management

RAM Partners, LLC

Our team has verified this company

Leasing office

(901) 267-5764

Open 

10:00 am–5:00 pm CT

Property Overview

The Oliver Luxury Apartments earns a strong overall impression with a 9.6 Zumper Expert Rating, standout scores for amenities, location, and quality, plus a competitive value rating. Notable features include a resort-style swimming pool, grilling stations, stainless steel appliances, hardwood-style flooring, large windows, and spectacular views, while the property is also well positioned for social life, fitness and wellness, and work-from-home needs.

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 Oliver Luxury 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

  • More space
  • Images Available
  • Package service

Great for

  • Work-from-home
  • Wellness
  • Social life

Floor plans

S2Studio1 bath495 sqft$1,285–$1,335 /mo2 units available
AL-41 bed1 bath624 sqft$1,445–$1,605 /mo3 units available
AL-11 bed1 bath558 sqft$1,695 /mo1 unit available
A21 bed1 bath720 sqft$1,825 /mo1 unit available
B12 bed2 bath1,085 sqft$2,735 /mo1 unit available
B32 bed2 bath1,218 sqft$2,855–$3,450 /mo3 units available
C13 bed3 bath1,316 sqft$2,810–$2,900 /mo2 units available
A1a1 bed1 bath713 sqftAsk to join waitlistComing soon
A31 bed1 bath744 sqftAsk to join waitlistComing soon
A11 bed1 bath690 sqftAsk to join waitlistComing soon
B3a2 bed2 bath1,218 sqftAsk to join waitlistComing soon
B3b2 bed2 bath1,218 sqftAsk to join waitlistComing soon
B62 bed2.5 bath1,872 sqftAsk to join waitlistComing soon
B52 bed2.5 bath2,295 sqftAsk to join waitlistComing soonLuxury Penthouse

Let's explore this property.

Amenities for The Oliver Luxury Apartments

Apartment Amenities

Flexible WorkspaceGranite Countertops
Kitchen IslandLarge Walk-In Custom Closets
Teaching KitchenWrap-Around Balcony

Appliances

Stainless Steel Appliances

Building

24 Hour Fitness CenterCats OK
Conference RoomsDogs OK
Fitness CenterOnsite Storage
Package RoomResident Clubroom

Grounds

Grilling stationsStorage

Services

Dog Park Dog WashPackage Service
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.

$250

Administration Fee

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

$100

REQUIRED FEES

Security Deposit

One-time. Refund Policy: Non-refundable. Security Deposit.

$500

Water/sewer

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

Usage Based

Utility Billing Fee

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

$8

Trash

Monthly. Refund Policy: Non-refundable.

$35

Internet/cable

Monthly. Refund Policy: Non-refundable.

$75

Electric / Gas - Third Party

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

Usage Based

Pest Control

Monthly. Refund Policy: Non-refundable.

$5

Forced Place Insurance

Monthly. Refund Policy: Non-refundable.

$16.59

OPTIONAL FEES

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 Management - Third Party

Annually. 2 pets max. Refund Policy: Non-refundable.

$0

SITUATIONAL FEES

Questions about this property’s policies and fees?

Building details

Property details

Units210
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About The Oliver Luxury Apartments

HomeApartments in Memphis The Oliver Luxury Apartments

Redefining history. Welcome home to The Oliver! Located in downtown Memphis, each corner resonates with tales from yesteryears, from the ornate facades to the original features of history throughout. Our brand new 1, 2, & 3 bedroom apartment homes features stainless steel appliances, large windows, hardwood-style flooring, and more. Begin each day renewed in our 24-hour access fitness center or refresh on our resort style swimming pool located on our terrace level that features spectacular views and a large courtyard with grilling stations. This brand-new community stands as a beacon of modernity amidst a landscape steeped in history and tradition. The Oliver breathes new life into the downtown riverfront area of Memphis. With every corner steeped in the rich heritage of Memphis and every modern convenience at their fingertips, residents of The Oliver find themselves immersed in a living tapestry that seamlessly weaves together past, present, and future.


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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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 Oliver Luxury 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

Jessie and her team has made everything from viewing the property and moving in as accommodating as possible. Being a recent transplant from Denver, I wanted to live in a secure building with amenities that would make for an easy commute into Ark and the Oliver has delivered.

Edward cheatham

Edward cheatham

Aug 28, 2024

Staff is incredibly friendly and helpful. Highly recommend checking these apartments out if you're looking for a high quality apartment in downtown with great amenities!

Tyler Simon

Tyler Simon

Nov 21, 2024

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

The Oliver Luxury Apartments is great for:

Work-from-home

  • High speed internet is an amenity
  • Extra room or space for at-home office
  • Large windows for natural lighting
  • 2 office supply stores within 1 mile

Wellness

  • On-site fitness center or gym
  • Ample windows and natural lighting
  • 38 parks nearby
  • There are 15 grocery stores within 1 mile

Social life

  • 232 restaurants within 1 mile of this property
  • This community has public spaces on site, like fitness centers or pools
  • Area has 38 parks and recreation options
  • 43 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 The Oliver Luxury Apartments compares to other nearby properties.

Positives

More space
The 2-bedroom is 367 sqft larger than other listings nearby
Images Available
There are at least 10 photos of this address
Package service
More secure storage for delivery

Considerations

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

Property Map

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Rent trends in Memphis

Studio apartments at The Oliver Luxury Apartments cost about 17% more than the average rent price for studios in Memphis.

1-bedroom apartments here are priced 84% higher than 1-bedrooms in Memphis.

If you decide to upgrade your space, you can expect 2-bedrooms at The Oliver Luxury Apartments to be 187% more than the average for similarly sized apartments in Memphis.

3-bedroom apartments at The Oliver Luxury Apartments cost about 108% more than the average rent price for 3-bedroom apartments in Memphis.

Median rents as of Aug 29 2026.
Memphis
A table of studio rental data trends in Memphis
MonthMedian Rent
September 2024$1,167
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
June 2026$1,204
July 2026$1,185
August 2026$1,116

Affordability calculator

Can I afford to live at 7 Vance 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

$51,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $51,400 annually to afford this studio monthly rent price of $1,285.
For more information on rent affordability, visit our rent calculator.

Schools near The Oliver Luxury 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 Oliver Luxury Apartments

Getting around Memphis near 7 Vance Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

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

Points of interest for 7 Vance Ave, Memphis

Groceries

7/10
At least one supermarket within a 15-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

5/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Some bars within a few minutes’ walk

Explore the area around 7 Vance Ave

South Point Grocery
136 Webster Ave
City Market Memphis
99 S 2nd St
D Canale
79 S 2nd St
Memphis Cash & Carry
161 E Carolina Ave
Florida St LLC
837 Florida St

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