The Melrose Midtown
775 Melrose St,
Memphis, TN 38104
$999 - $1,899 | Studio - 2 Beds
Established in 1848, Rhodes College has a long history of academic excellence and is recognized today as one of the most highly-ranked liberal arts colleges in the country. Serving a small student body of around 2,000, Rhodes provides an intimate scholarly environment with a timeless campus filled by Gothic stone buildings. The campus culture emphasizes community service, with most students participating in some form of volunteer work. The annual Rites of Spring music festival on campus is a major event for both the college crowd and the community at large.
The Rhodes campus occupies a largely residential section of Midtown Memphis, right across the street from the Memphis Zoo and Overton Park. The area is full of apartments, condos, and rental houses within walking distance of the college. Living near Rhodes gives you terrific access to Midtown’s finest amenities and attractions, including the myriad shops and restaurants along Union, Madison, and Broad Avenues. The local nightlife is incredible, including a legendary live music scene that extends across the entire city.
As of June 2025, the average apartment rent in Memphis, TN is $957 for a studio, $1,052 for one bedroom, $1,090 for two bedrooms, and $1,293 for three bedrooms. Apartment rent in Memphis has increased by 1.1% in the past year.
Studio
464 sq ft
Average Sq Ft
$957/month
Average Rent
1 BR
707 sq ft
Average Sq Ft
$1,052/month
Average Rent
2 BR
979 sq ft
Average Sq Ft
$1,090/month
Average Rent
3 BR
1,292 sq ft
Average Sq Ft
$1,293/month
Average Rent
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Some Transit
out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Public
Grades PK-5
870 Students
Public
Grades K-5
398 Students
Public
Grades PK-5
686 Students
Public
Grades K-5
579 Students
John P. Freeman Optional School
Public
Grades K-8
548 Students
Public
Grades 6-8
364 Students
Public
Grades 6-8
1,099 Students
John P. Freeman Optional School
Public
Grades K-8
548 Students
Public
Grades PK-8
1,373 Students
Public
Grades 6-8
1,000 Students
Public
Grades 9-12
568 Students
Public
Grades 9-12
311 Students
Public
Grades 9-12
1,840 Students
Public
Grades 9-12
1,587 Students
Hollis F. Price Middle College High School
Public
Grades 9-12
79 Students
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† 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 June 2025.