1 Bed
$950/mo
525 ft² · $1.81/ft²
Available: Contact for availability
Updated
Exchange Building Apartments
9 N 2nd St, Memphis, TN 38103, USA
3.4 (169 reviews)
Official Website
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4
Units Listed
$950
Starting at
$1,050
Average
$1,250
Highest
$1.54
Per Sq Ft
How does this compare? View Downtown Memphis rent trends
Beds
Pricing by Bedroom
1 Bed
$983
from $950 · 3 units
~610 sqft avg
2 Bed
$1,250
from $1,250 · 1 units
~900 sqft avg
Rent Distribution
Price by Bedroom
Price Breakdown
Rent by Unit
Price vs. Square Footage
Price History
Timeframe
Property Price Trend
History follows your bedroom selection. Current rent limits and move-in dates do not change past averages.
Estimated Building Revenue
How is this calculated?
Rental revenue model
We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.
- Building size: modeled from how many distinct units we have observed over time
- Occupancy: building size minus currently listed units
- Rents: observed lease-offs first, current asking rents as fallback
These are research estimates, not financial statements from the operator. Confidence: observed data only.
Observed Lease Revenue
$4,200/mo
from 4 tracked leases; not enough coverage yet for a whole-building estimate
Effective Rent on New Leases
$1,050
vs $1,050 current asking
Recent Lease Activity
8 units tracked; 4 assumed leased, 4 listed nowSee which units leased, when they left the market, and the rent they leased at.
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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
4
Limited availability
4 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 $876 $1,135 The Peabody Collection $1,213 Metro67 Apartments $2,250
Exchange Building Apartments $950
Downtown Memphis Flats Comparing 5 apartments in Downtown Memphis. Click any bar to view that building.
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Available Units
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1 Bed
$1,000/mo
525 ft² · $1.90/ft²
Available: Contact for availability
1 Bed
$1,000/mo
780 ft² · $1.28/ft²
Available: Contact for availability
2 Bed
$1,250/mo
900 ft² · $1.39/ft²
Available: Contact for availability
| Unit | Floor Plan | Details | |||||
|---|---|---|---|---|---|---|---|
| -- | | 1bd / --ba | 525 | $950 | $1.81 | -- | |
| -- | | 1bd / --ba | 525 | $1,000 | $1.90 | -- | |
| -- | | 1bd / --ba | 780 | $1,000 | $1.28 | -- | |
| -- | | 2bd / --ba | 900 | $1,250 | $1.39 | -- | |
Unit Details
Chart
Train activity
Severe nighttime trains
Freight line 1,138 ft away · 4 trains/day
- 2 daytime, 2 overnight
- Crossing 1,138 ft away. Horns expected day and night.
- Operator: IC
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
No resident notes for this property yet.
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Downtown Memphis Rent Trends
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