Monroe Avenue, Memphis, TN

Monroe Avenue Neighborhood Guide Memphis, TN

About

Monroe Avenue is a bustling neighborhood nestled in the heart of downtown Memphis, Tennessee. This vibrant area is easily accessible by the metro bus line and intersected by Interstate 69 for those that prefer to drive. Its setting offers a unique blend of urban and cultural living, boasting countless shops, eateries, and renowned attractions including the iconic Beale Street Music Festival and Memphis Rock 'n' Soul Museum. Residents and visitors alike enjoy the atmosphere and charm of this historic neighborhood.

What You Will Love about Monroe Avenue, Memphis, Tennessee

  • The vibrant nightlife coupled with a rich history makes Monroe Avenue an exciting place to live or visit.
  • Its proximity to Beale Street can't be overlooked, providing residents and visitors with access to one-of-a-kind music venues, bars, and nightclubs.
  • The neighborhood offers an eclectic mix of options for dining, ranging from upscale restaurants to local BBQ joints.
  • The green spaces, including nearby Tom Lee Park, offer plenty of opportunities for outdoor relaxation and recreation.

What's Nearby

Monroe Avenue is a stone's throw from the Mississippi River, offering exquisite waterfront views. It's a short walk to AutoZone Park, home to Memphis Redbirds baseball. The neighborhood is also in close proximity to FedExForum, where the NBA's Memphis Grizzlies play, and numerous museums including the National Civil Rights Museum.

Lifestyle

Monroe Avenue displays a lively city lifestyle, with access to prominent sports and entertainment venues. Despite its urban setting, it maintains a sense of community and charm with its family-friendly parks and local festivals. This neighborhood thrives on its historical roots and an unwavering love for music and sports.

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See best properties in this area

Explore the Neighborhood

There are 115 restaurants, 13 grocery stores, and 6 parks within a mile of the Monroe Avenue neighborhood.

  • GROCERY
    Cash Saver

    Retail, Food and Beverage Retail, Grocery Store

    0.2 miles

    1620 Madison Ave

  • SHOPPING
    Belvedere Collection

    Retail, Shopping Mall

    0.3 miles

    1680 Union Ave

  • GROCERY
    Viet Hoa Food Market

    Retail, Food and Beverage Retail, Grocery Store

    0.4 miles

    40 N Cleveland St

  • GROCERY
    Kroger

    Retail, Food and Beverage Retail, Grocery Store

    0.4 miles

    1759 Union Ave

  • GROCERY
    Kroger Pharmacy

    Retail, Drugstore, Food and Beverage Retail, Grocery Store

    0.6 miles

    1366 Poplar Ave

  • GROCERY
    Aunt Lizzie's

    Retail, Food and Beverage Retail, Grocery Store

    0.8 miles

    1531 Overton Park Ave

Monroe Avenue Apartments and Rentals

127 Rental properties in Monroe Avenue, Memphis, TN.

  • Madison Midtown property

    $1,065+

    Madison Midtown

    1–3 Beds • 1–2 Baths

    494–1559 Sqft

    9 Units Available

  • The Courtyard @ 1161 Poplar property

    $900+

    The Courtyard @ 1161 Poplar

    1–2 Beds • 1 Bath

    550–690 Sqft

    10+ Units Available

  • The Bonsai at Central Gardens property

    $1,050+

    The Bonsai at Central Gardens

    Studio–2 Beds • 1–2 Baths

    515–1200 Sqft

    10+ Units Available

  • 1247 Peabody Ave Unit #3 property

    $1,625

    1247 Peabody Ave Unit #3

    2 Beds • 1 Bath

  • 129 Stonewall Street property

    $895

    129 Stonewall Street

    2 Beds • 1 Bath

    900 Sqft

  • 110 Barksdale Ct #123 property

    $1,450

    110 Barksdale Ct #123

    2 Beds • 1 Bath

Cost of Living

basic bar chart art
CategoryCompare to State Avg.Compare to National Avg.
housing
0.9%
18.4%
utilities
2.4%
10.8%
food
1.6%
0.1%
transportation
0.2%
11.7%
healthcare
1.9%
13.5%

Monroe Avenue Demographics

people in their homes

Monroe Avenue Reviews

people smiling
  • Near Downtown

    Yes

    Say 6 of 6 renters

  • Area Has Litter

    No

    Say 5 of 6 renters

  • Mostly Older Buildings

    No

    Say 4 of 6 renters

  • Near Grocery Stores

    Yes

    Say 4 of 6 renters

  • Area Has Potholes

    No

    Say 4 of 6 renters

  • Quiet Area

    Yes

    Say 4 of 6 renters

Monroe Avenue Transportation

walk bike and transit

Very Walkable

86/100
Walk Score®
The Walk Score© measures walkability on a scale of 0-100 based on walking routes to destinations such as dining and drinking, groceries, and shopping.

Very Bikeable

74/100
Bike Score®

Monroe Avenue Schools

Neighborhoods Around Monroe Avenue

NeighborhoodStudioAvg RentAnnual Change
MidtownNeighborhood in Memphis, Tennessee$975
8%
DowntownNeighborhood in Memphis, Tennessee$1,260
2%
Harbor TownNeighborhood in Memphis, Tennessee----
Mud IslandNeighborhood in Memphis, Tennessee----
Central GardensNeighborhood in Memphis, Tennessee$1,050
0%
Cooper YoungNeighborhood in Memphis, Tennessee----
Evergreen Historic DistrictNeighborhood in Memphis, Tennessee$800--
CrosstownNeighborhood in Memphis, Tennessee----
Idlewild Historic DistrictNeighborhood in Memphis, Tennessee$900
14%
UDistrictNeighborhood in Memphis, Tennessee----
Annesdale ParkNeighborhood in Memphis, Tennessee----
Medical DistrictNeighborhood in Memphis, Tennessee$1,422--
North MemphisNeighborhood in Memphis, Tennessee----
Southeast MemphisNeighborhood in Memphis, Tennessee----
BinghamptonNeighborhood in Memphis, Tennessee----
UptownNeighborhood in Memphis, Tennessee$760
0%
South MainNeighborhood in Memphis, Tennessee$925
24%
South MemphisNeighborhood in Memphis, Tennessee----
Northeast MemphisNeighborhood in Memphis, Tennessee----
The CoreNeighborhood in Memphis, Tennessee$1,292
1%
High Point TerraceNeighborhood in Memphis, Tennessee----
East ParkwayNeighborhood in Memphis, Tennessee----
Voillintine - EvergreenNeighborhood in Memphis, Tennessee$975--
Mid - SecondNeighborhood in Memphis, Tennessee$1,292
0%
RiversideNeighborhood in Memphis, Tennessee----
Normal StationNeighborhood in Memphis, Tennessee----
Hyde ParkNeighborhood in Memphis, Tennessee----
Highland HeightsNeighborhood in Memphis, Tennessee----
Messick BuntynNeighborhood in Memphis, Tennessee----
Orange MoundNeighborhood in Memphis, Tennessee----