Urban Loft Co. Memphis- Utilties Included
440 Monroe Ave,
Memphis, TN 38103
$1,200
1 Bed
Midtown Memphis
Memphis, TN
Midtown Memphis - Memphis, TN
Area Guide
A sprawling district just east of downtown
Urban
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Tourism
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Entertainment
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Great Location
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Suburban
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Midtown Memphis is a sprawling district that blends suburban neighborhoods with urban amenities. Midtown’s central location is a major part of its allure for an array of renters, ranging from professionals to families. Overton Park sits on the eastern edge of Midtown, offering locals a nine-hole golf course, the Memphis Zoo, playgrounds, an art museum, and 12 acres of forest. Midtown is also home to the Medical District, where you’ll find abundant medical facilities, including a university hospital. Residents of Midtown have access to good public schools, local restaurants, and everyday conveniences. For more dining, shopping, and entertainment options (as well as job opportunities), Midtown residents travel into downtown.
Rent Trends
As of January 2026, the average apartment rent in Midtown Memphis is $1,030 for a studio, $1,153 for one bedroom, $1,466 for two bedrooms, and $2,060 for three bedrooms. Apartment rent in Midtown Memphis has decreased by -1.4% in the past year.
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Studio
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507 sq ft
Average Sq Ft
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$1,030/month
Average Rent
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1 BR
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732 sq ft
Average Sq Ft
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$1,153/month
Average Rent
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2 BR
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1,066 sq ft
Average Sq Ft
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$1,466/month
Average Rent
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3 BR
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1,308 sq ft
Average Sq Ft
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$2,060/month
Average Rent
Points of Interest
Shopping Centers
Parks and Recreation
- Memphis Zoo
- Mississippi River Museum at Mud Island
- Children's Museum of Memphis
- Sharpe Planetarium
- Memphis Botanic Garden
Commuter Rail
Military Bases
Airports
- Memphis International
Top Apartments in Midtown Memphis
Houses for Rent in Midtown Memphis
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.