# Downtown Memphis Flats

> Downtown Memphis Flats, Memphis, TN: 8 units from $1,135/mo. See this building's full price history, tracked daily for every unit. 1BR $1,135, 2BR $1,749.

Canonical: https://average-rent.com/city/memphis-tn/downtown-memphis-flats-memphis-tn/

![Downtown Memphis Flats apartments in Memphis, TN](https://average-rent.com/api/photo/p/3871?w=1200)

Updated today at 6:16 a.m. CT

4.3 (43 reviews) [Official Website](http://downtownmemphisflats.com/)

Live pricing, refreshed today at 6:16 a.m. CT

8

Units Listed

$1,135

Starting at

$1,854

Average

$2,499

Highest

$1.65

Per Sq Ft

[PRO](https://whop.com/work4coins-llc/average-rent-pro/): Avg Days Listed

How does this compare? [View Downtown Memphis rent trends](https://average-rent.com/city/memphis-tn/trends/38103/)

Beds

## Pricing by Bedroom

1 Bed

$1,278

from $1,135 · 3 units

~693 sqft avg

2 Bed

$1,749

from $1,749 · 2 units

~1,087 sqft avg

3 Bed

$2,499

from $2,499 · 3 units

~1,584 sqft avg

### Rent Distribution

The final bar groups units at that price or more when the range is wide.

### Price by Bedroom

## Price Breakdown

### Rent by Unit

### Price vs. Square Footage

## Price History

Lines hold the last known price between updates. Diamond markers show changes in quote terms.

Timeframe

### Property Price Trend

### Recorded building rent history

| Date or category | Average monthly rent (USD) |
| --- | --- |
| 2026-07-19 | 1,932 |
| 2026-07-22 | 1,932 |
| 2026-07-23 | 1,932 |
| 2026-07-24 | 1,932 |
| 2026-07-25 | 1,932 |
| 2026-07-26 | 1,932 |
| 2026-07-27 | 1,932 |
| 2026-07-28 | 1,932 |
| 2026-07-29 | 1,932 |
| 2026-07-30 | 1,932 |
| 2026-07-31 | 1,932 |
| 2026-08-01 | 1,723 |
| 2026-08-02 | 1,723 |
| 2026-08-03 | 1,723 |
| 2026-08-04 | 1,723 |
| 2026-08-05 | 1,723 |
| 2026-08-06 | 1,723 |
| 2026-08-07 | 1,723 |
| 2026-08-08 | 1,723 |
| 2026-08-09 | 1,723 |
| 2026-08-10 | 1,723 |
| 2026-08-13 | 1,723 |
| 2026-08-14 | 1,723 |
| 2026-08-17 | 1,723 |
| 2026-08-19 | 1,723 |
| 2026-08-22 | 1,723 |
| 2026-08-26 | 1,723 |
| 2026-08-29 | 1,723 |
| 2026-09-01 | 1,723 |
| 2026-09-04 | 1,723 |
| 2026-09-05 | 1,723 |
| 2026-09-08 | 1,723 |
| 2026-09-11 | 1,723 |
| 2026-09-12 | 1,723 |
| 2026-09-15 | 1,723 |
| 2026-09-18 | 1,723 |
| 2026-09-21 | 1,723 |
| 2026-09-24 | 1,616 |
| 2026-09-27 | 1,616 |
| 2026-09-28 | 1,616 |
| 2026-09-29 | 1,616 |
| 2026-09-30 | 1,616 |
| 2026-10-01 | 1,616 |
| 2026-10-04 | 1,616 |
| 2026-10-07 | 1,616 |
| 2026-10-09 | 1,616 |
| 2026-10-10 | 1,616 |
| 2026-10-11 | 1,616 |
| 2026-10-14 | 1,854 |
| 2026-10-17 | 1,854 |
| 2026-10-18 | 1,854 |
| 2026-10-21 | 1,854 |
| 2026-10-23 | 1,854 |
| 2026-10-26 | 1,854 |
| 2026-11-03 | 1,854 |
| 2026-11-08 | 1,854 |

## Estimated Building Revenue

Observed Lease Revenue

$14K/mo

from 8 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,708

vs $1,854 current asking ($146 negotiation gap)

### Recent Lease Activity

16 units tracked; 8 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

[Unlock with Pro](https://whop.com/work4coins-llc/average-rent-pro/)

## Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

- +30 pts: 15+ units currently listed

- +25 pts: Active move-in specials

- +20 pts: Deep discounts (>$150/mo off)

- +15 pts: 5+ distinct floor plans

- +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

8

Moderate availability

8 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

The available listings show few signs of room to negotiate.

### Price vs. Downtown Memphis

Neighborhood

[Fielder Square](https://average-rent.com/city/memphis-tn/fielder-square-memphis-tn/): $856

[Exchange Building Apartments](https://average-rent.com/city/memphis-tn/exchange-building-apartments-memphis-tn/): $950

Downtown Memphis Flats

$1,135

[The Peabody Collection](https://average-rent.com/city/memphis-tn/the-peabody-collection-memphis-tn/): $1,308

[Metro67 Apartments](https://average-rent.com/city/memphis-tn/metro67-apartments-memphis-tn/): $1,662

Comparing 5 apartments in Downtown Memphis. Click any bar to view that building.

[See Downtown Memphis rent trends on the Memphis, TN map](https://average-rent.com/city/memphis-tn/rent-map/) [Explore Memphis, TN on the interactive map](https://average-rent.com/search/#city=memphis-tn)

## Available Units

Sort

8 units

Select a unit to see its price history and link to the rental site.

1 Bed

$1,135/mo

565 ft² · $2.01/ft²

Available: Contact for availability

1 Bed

$1,299/mo

666 ft² · $1.95/ft²

Available: Contact for availability

1 Bed

$1,399/mo

847 ft² · $1.65/ft²

Available: Contact for availability

2 Bed

$1,749/mo

1,089 ft² · $1.61/ft²

Available: Contact for availability

2 Bed

$1,749/mo

1,085 ft² · $1.61/ft²

Available: Contact for availability

| Unit | Floor Plan | Bed/Bath | Sqft | Price | $/Sqft | Available | Listed | Details |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| -- | | 1bd / --ba | 565 | $1,135 | $2.01 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 1bd / --ba | 666 | $1,299 | $1.95 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 1bd / --ba | 847 | $1,399 | $1.65 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 2bd / --ba | 1,089 | $1,749 | $1.61 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 2bd / --ba | 1,085 | $1,749 | $1.61 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 3bd / --ba | 1,596 | $2,499 | $1.57 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 3bd / --ba | 1,577 | $2,499 | $1.58 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |
| -- | | 3bd / --ba | 1,578 | $2,499 | $1.58 | -- | [Pro](https://whop.com/work4coins-llc/average-rent-pro/) | |

## Train activity

### Severe nighttime trains

Freight line 722 ft away · 4 trains/day

- 2 daytime, 2 overnight

- Crossing 722 ft away. Horns expected day and night.

- Operator: IC

[Why this matters →](https://average-rent.com/how-it-works/#train-noise)

City Club

## Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. [See all Memphis, TN notes](https://average-rent.com/city/memphis-tn/resident-access/)

No resident notes for this property yet.

## Similar Apartments in Memphis, TN

[The Peabody Collection](https://average-rent.com/city/memphis-tn/the-peabody-collection-memphis-tn/): ![The Peabody Collection apartments](https://average-rent.com/api/photo/p/3866?w=640) From $1,308/mo 4.9 rating 1 unit 0.1 mi away · 15% above

[Fielder Square](https://average-rent.com/city/memphis-tn/fielder-square-memphis-tn/): ![Fielder Square apartments](https://average-rent.com/api/photo/p/3872?w=640) From $856/mo 4.3 rating 29 units 0.4 mi away · 25% below

[Bristol On Union Apartments](https://average-rent.com/city/memphis-tn/bristol-on-union-apartments-memphis-tn/): ![Bristol On Union Apartments apartments](https://average-rent.com/api/photo/p/3876?w=640) From $1,298/mo 4.5 rating 33 units 1.8 mi away · 14% above

[Exchange Building Apartments](https://average-rent.com/city/memphis-tn/exchange-building-apartments-memphis-tn/): ![Exchange Building Apartments apartments](https://average-rent.com/api/photo/p/3879?w=640) From $950/mo 3.4 rating 4 units 0.2 mi away · 16% below

[Metro67 Apartments](https://average-rent.com/city/memphis-tn/metro67-apartments-memphis-tn/): ![Metro67 Apartments apartments](https://average-rent.com/api/photo/p/3877?w=640) From $1,662/mo 4.7 rating 7 units 0.2 mi away · 46% above

[Madison Midtown Apartments](https://average-rent.com/city/memphis-tn/madison-midtown-apartments-memphis-tn/): ![Madison Midtown Apartments apartments](https://average-rent.com/api/photo/p/3869?w=640) From $1,270/mo 4.6 rating 13 units 2.5 mi away · 12% above

### Downtown Memphis Rent Trends

See how rent prices are changing in Downtown Memphis and across Memphis, TN.

[View Trends](https://average-rent.com/city/memphis-tn/trends/38103/)