The Rise Apartments

📍 420 Monroe Avenue, Memphis, TN 38103

📋 Property Overview

In Edge District, Memphis, Tennessee, this home offers Studio - 2 bd, 1 ba. The floor plan measures 486 sq ft. Monthly rent ranges $1,190-$1,860. Inside, the home includes oven, hardwood floors, stainless steel and refrigerator. On site there is garage, pool, trash valet and parking. Pets are allowed (cats and dogs), with pet rent of $35. Parking on site includes multi-Level Parking Garage and garage. The standard lease term is 11 months. Availability: Available Sep 3, 2026. With a Walk Score of 78, most errands can be done on foot. Transit Score is 49.

🚶 Getting Around

• Walk Score78/100

  Very Walkable

• Transit Score49/100

  Some Transit

💵 Costs & Lease

Deposit

$200 OAC

Lease length

11 months

Units available

10 units

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• A2A 1Bed/1Bath1 bd · 1 ba · 829 sq ftNone available right now
• A1E 1Bed/1Bath1 bd · 1 ba · 768 sq ftNone available right now
• S1cStudio · 1 ba · 535 sq ft$1,3051 unit available
• A1 1Bed/1Bath1 bd · 1 ba · 712 sq ftNone available right now
• A2 1Bed/1Bath1 bd · 1 ba · 773 sq ftNone available right now
• B2 2Bed/2Bath2 bd · 2 ba · 1,135 sq ftNone available right now
• S2bStudio · 1 ba · 486 sq ft$1,1901 unit available
• A2B 1Bed/1Bath1 bd · 1 ba · 761 sq ftNone available right now
• A3 1Bed/1Bath1 bd · 1 ba · 889 sq ftNone available right now
• B2A 2Bed/2Bath2 bd · 2 ba · 1,206 sq ftNone available right now
• S2aStudio · 1 ba · 576 sq ft$1,2354 units available
• A1D 1Bed/1Bath1 bd · 1 ba · 997 sq ftNone available right now

🧾 Move-in Costs & Lease

Security deposit

$200 OAC

Lease length

11 months

Also available

9, 10, 12, 13, 14 months

Lease options

3-16 months

Available

Available Sep 3, 2026

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Tennessee renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 428,684 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats, Dogs

Pet rent

$35

One-time pet fee

$350

Limit

2 pets

Restrictions

No Aggressive Breeds

✨ Features & Details

• Pet Friendly
• In unit laundry
• Patio / balcony
• Hardwood floors
• Garage
• Stainless steel
• Ceiling fan
• Microwave
• Oven
• Range
• Refrigerator
• Clubhouse
• Gym
• Parking
• Pool
• Bike storage
• Internet access
• Trash valet
• Cats allowed
• Dogs allowed
• Business center
• Dog park
• E-payments
• 535 sq ft
• 486 sq ft
• 576 sq ft
• 1044 sq ft
• 768 sq ft
• 648 sq ft

📊 Property Facts

Walk Score

78 · Very Walkable

Transit Score

49 · Some Transit

🚗 Parking

• Garage · assigned · $75
• Garage
• Multi-Level Parking Garage

🎓 Nearby Schools

• Downtown Elementary School · PK-55/10 · 0.3 mi
• Memphis Grizzlies Preparatory Charter School · 6-74/10 · 0.5 mi
• Memphis Academy Of Science Engineering · 6-124/10 · 0.8 mi
• B T Washington High School · 6-123/10 · 1.0 mi
• Memphis College Preparatory · K-33/10 · 1.2 mi
• Bruce Elementary School · PK-53/10 · 1.4 mi
• Central High School · 9-125/10 · 1.4 mi
• Bellevue Junior High School · 6-85/10 · 1.4 mi
• Ida B Wells Academy · 6-84/10 · 1.5 mi
• Hollis F. Price Middle College High School · 9-127/10 · 1.7 mi

🏡 Floor Plans

2417

535 sq ft · 11 mo

Sep 10, 2026

$1,305

1312

486 sq ft · 11 mo

Available now

$1,190

2108

576 sq ft · 10 mo

Sep 26, 2026

$1,235

1310

576 sq ft · 9 mo

Oct 26, 2026

$1,245

1418

576 sq ft · 11 mo

Available now

$1,255

1427

576 sq ft · 9 mo

Oct 18, 2026

$1,295