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Apartment Amenities
| Ceiling Fan | Dryer |
| High Ceilings | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
| Range/Oven | Refrigerator |
Building
| Cats OK | Controlled Access |
| Dogs OK | Elevator |
| Fitness Center | Garage Attached |
| Onsite Laundry |
Grounds
| Assigned Parking | Garage Parking |
| Storage | Swimming Pool |
Services
| On-Site Management | Package Service |
One-time.
One-time. Refundable.
One-time.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
*** One month free with 12 month lease*** This spacious studio condo at The Lofts at South Bluffs features a flexible layout with built-ins and dividers to help define living, dining, and sleeping areas. Fresh neutral paint throughout. The kitchen includes energy-efficient stainless steel appliances and modern cabinetry and countertops. The bathroom features a large shower/tub combo and opens to a generous walk-in closet with built-in shelving for extra storage. One reserved parking space in the connected garage is included. Water, trash, and sewage are covered. Pet friendly! Washer/dryer included. The Lofts at South Bluffs is located in the South Main area of Downtown Memphis and offers a rooftop terrace with stunning river views, a pool, ample seating for entertaining, an outdoor kitchen, a sauna, and a fitness center. Virtual tour: https my matterport com show ?m=D1xZhSkU7w7 SCHEDULE A SHOWING: https app tenantturner com qualify 505-tennessee-street Professionally managed by 901 Real Estate Services *Additional fees may apply. Please see below. Some photos may be virtually staged.* *Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet; any fees associated with specific communities or buildings. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information.* **Avoid scams: We do not post our properties on Facebook Marketplace or and will never ask you to pay anything through CashApp, Zelle, or Venmo.** Amenities: elevator, fitness center, controlled access building, high ceilings, sauna, roof top terrace, polished concrete floors, on-site recycling, rooftop pool, dressing closet(s), parking - 1 covered reserved parking space
| Neighborhood | South Bluffs |
|---|---|
| Zip code | 38103 |
| Type | Condo for rent |
| Month | Median Rent |
|---|---|
| February 2024 | $899 |
| March 2024 | $908 |
| April 2024 | $916 |
| 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 | $936 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,465 |
| November 2024 | $1,512 |
| December 2024 | $1,387 |
| January 2025 | $1,399 |
| June 2025 | $1,625 |
| July 2025 | $1,485 |
| August 2025 | $1,450 |
| November 2025 | $1,450 |
| December 2025 | $1,437 |
| January 2026 | $1,435 |
Can I afford to live at 505 Tennessee St #414?
Bedrooms
StudioRent-to-income ratio
30%
$59,600/yr
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University of Memphis • 274 S Highland St
1 Bed
$1,050
Binghampton-Lester • 2540 Broad Ave
Studio–1 Bed
$1,116–$2,039
125 Gayoso Ave
Studio–1 Bed
$1,100–$1,735
Central Gardens • 1835 Union Ave
Studio–1 Bed
$1,448–$3,460
New Pathways • 420 Monroe Ave
Studio–1 Bed
$1,155–$4,596
One Dr. Martin Luther King Jr. Ave
Studio–1 Bed
$945–$3,247
