Home / Memphis / 124 Monroe Ave

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Updated 8 hours ago

124 Monroe Ave

Memphis, TN

Studio

•

1 Bath

•

520 Sq. Ft.

•

Available Now

Floor plans

Studios (1)

Studio • 1 Bath

$1,140

520 ft²

1 Available

Managed By: 901 Real Estate Services

Last Unit Available at 124 Monroe!

$1,140

Available Now

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Where you'll live

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Map View

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Amenities

Refrigerator

Dishwasher

Fees & leasing info

Pets

Dogs Ok

Cats Ok

Property details

Additional Details

Total Unit Count: 1

Last Updated: Updated 8 hours ago

Contact Number: (901) 231-6999

Internet Providers

Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)

Comcast Corporation 987.0 35.0

ViaSat, Inc. 100.0 3.0

Hughes Network Systems, LLC 25.0 3.0

AT&T Inc. 18.0 0.768

AT&T Inc. 10.0 1.0

Data from June 2020 provided by the FCC

Contact 124 Monroe Ave

$1,140

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Affordability

To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.

View suggested annual incomes for 124 Monroe Ave by bedroom type below.

Studio

Suggested income:

$41,000

per year

Rent report

124 Monroe Ave Rent vs. Memphis Average

124 Monroe Ave Memphis Average

Studio

$1,140

$1,124

$0

$400

$800

$1,200

$1,600

124 Monroe Ave is asking 1% more than the average studio apartment in Memphis.

If you upsized to an average priced Memphis 1 bedroom apartment, you would pay 1% less per month.

124 Monroe Ave provides 4% more square footage than the average Memphis studio apartment.

	Monthly Rent	Rent per Sq. Ft.	Suggested Monthly Income
124 Monroe Ave
Studio	$1,140	$2.20	$3,420
Memphis Average
Studio	$1,124	$2.30	$3,373
1BR	$1,113	$1.50	$3,340
2BR	$1,224	$1.20	$3,673
3BR	$1,397	$1.00	$4,190
4BR	$1,568	$1.00	$4,705

Availability in Memphis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,226 2BR units on the market in Memphis. If you're looking to negotiate, this may be your best option.

Studio

1BR

2BR

3BR

4BR

Available Units in Memphis
Studio	88
1BR	867
2BR	1,226
3BR	593
4BR	137

Location

Nearby Colleges

Southwest Tennessee Community College

University of Memphis

Nearby Hospitals

Name Distance

St. Jude Children's Research Hospital 0.88 mi.

Le Bonheur Children's Hospital 1.16 mi.

Regional One Health 1.17 mi.

Nearby Fire Stations

Name Distance

Memphis Division Of Fire Services 0.15 mi.

Shelby Volunteer Fire Department 1.47 mi.

Rural/ Metro Fire Department Fed Ex Operation 4.38 mi.

FAQs

Is this property currently leasing units?

Yes, there is 1 unit available at this property.

How many units are move-in ready in the next 2 months?

This property has 1 unit available for move-in now.

What's the square footage of the available units?

It's 520 square feet.

Does this property allow cats or dogs?

This property allows tenants to keep cats and dogs.

How many bedrooms are in the available units?

There are studio units available.

How many bathrooms are in the available units?

There are 1 bathroom units available.

What's the monthly rent at this property?

124 Monroe Ave has a studio unit starting at $1,140.

Where is this property located?

This property is at 124 Monroe Ave in Memphis, TN. It's 4.6 miles west from the center of Memphis.

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