$248,266Average Value$192Average Price per Sq Ft48Homes For Sale
Beale Street in Downtown Memphis is one of Memphis' most popular tourist attractions.
Downtown Memphis offers rich culture and modern amenities on the river
Downtown Memphis is the beating heart of the city that invented soul and rock’n’roll. Residents love being right in the middle of Memphis ’ rich musical history and its modern amenities, with the Mississippi waterfront just blocks away. Downtown has everything from restaurants and sports arenas to museums and theaters, not to mention landmarks like the famous Beale Street. It’s also the city’s economic center, home to several big companies and right next to the Medical District.
Memphis is known as the home of the blues, and B.B. King's on Beale carries on that tradition.
Beale Street has bars, clubs and music venues
One of the most famous spots in the South, Beale Street runs from the Mississippi River through the heart of Downtown Memphis. In its heyday, legends like B.B. King and Muddy Waters performed at clubs on the strip. Today, lively bars and venues are clustered on Beale between 2nd and 4th streets, and its legal to drink alcohol in the area. Beale Street is a tourist hotspot, but even locals sometimes head down for live music or festivals. Favorites include:
B.B. King’s Blues Club, a staple for music and Southern food
Blues City Cafe, which has a live blues band and barbecue
Silky O’Sullivan’s, an Irish pub with dueling pianos
The New Daisy Theater, a venue that opened in 1937
The district also hosts annual events like the city’s New Year’s Eve celebration and the Mid-South Pride Fest.
Mostly condos and apartments in Downtown Memphis
“Downtown is mostly condos. There’s not a lot of housing,” says Leigh Martin, a Realtor with Hobson and a lifelong Memphian. Renting in the neighborhood is more common than buying, but there are plenty of units for sale, too. Most go between $50,000 and the mid-$300,000s, though the top of the market approaches seven figures in some upscale buildings.
Most housing options in Downtown Memphis consist of condos such as Claridge House.
The D.T. Porter building is a historic building in Downtown Memphis made up of condos.
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The Majestic Grille is an upscale restaurant in Downtown Memphis.
There are restaurants, shops and markets throughout Downtown
Beyond Beale Street, there are plenty of restaurants throughout the rest of Downtown, too. The legendary Charlie Vergos’ Rendezvous has been around forever in its back-alley hideaway, serving true-blue Memphis barbecue. Huey’s is a local chain known for its burgers and live music. There are also more upscale options like Flight Restaurant and Wine Bar. Folks can shop for groceries at City Market, which also has a coffee counter. Other specialty retail spots are along Main Street. More shopping options, like Home Depot or Kroger, are a bit farther away in Midtown Memphis.
Small urban parks, plus access to parks on the Mississippi River
Most of the green spaces in Downtown Memphis are smaller pocket parks. Some of them, like I Am A Man Plaza, pay tribute to the city’s history. Named after W.C. Handy, the “Father of the Blues,” Handy Park features live music and events throughout the year. Court Square Park has a fountain and public art installations. But there’s more recreation by the water, including several parks that are managed by the Memphis River Parks system. Fourth Bluff Park and the River Garden have walking paths that connect to the larger Tom Lee Park in South Main. The park has a playground, a covered basketball court and sculptures, right next to the Mississippi.
Robert Church Park is named in honor of the Black community leader and entrepreneur.
River Park lies on the banks of the mighty Mississippi River.
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Downtown is home to sports teams and cultural attractions
One block off Beale, FedExForum is home to the NBA’s Memphis Grizzlies as well as University of Memphis basketball. The Memphis Redbirds, the Triple-A affiliate of MLB’s St. Louis Cardinals, play Downtown at AutoZone Park. There are also plenty of cultural draws. “The Orpheum is downtown, so we get all the traveling Broadway shows,” Martin says.
The Memphis Art Museum is also moving downtown from Overton Park in 2026. “It’s in the center of Downtown overlooking the Mississippi, and it’s huge,” Martin says. Despite all this activity drawing in visitors, residents generally don’t have to worry about parking. Most condos include parking spots or at least have them available for rent.
The Orpheum Theater is listed on the National Register of Historic Places.
The FedEx Forum is located in Downtown Memphis just off Beale Street.
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Residents can use MATA to commute to nearby employers
Downtown is the hub for Memphis’ employers, so you don’t have to go far to go to work. St. Jude Children’s Research Hospital is just across the highway, while the headquarters of FedEx Logistics is right across the street from FedEx Forum. MATA bus lines branch out from the city center, and the famous Main Street Trolley runs the length of the neighborhood. There’s also easy access to Interstate 40 for drivers at the north end of Downtown. Memphis Central Station, which is on the Amtrak route between Chicago and New Orleans, is in South Main.
The Hernando de Soto Bridge connects Downtown Memphis with Arkansas.
Ride the rail on a trolley, which first appeared in Memphis in 1895.
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A few Memphis-Shelby County schools are in the neighborhood
The Memphis-Shelby County Schools system covers the area, and there are a few schools in the neighborhood, including Downtown Elementary School. The district has a school choice program, where students can apply to any of the system’s schools. There are also public charter schools nearby, like the Memphis Grizzlies Preparatory Charter School.
Downtown Elementary School has a focus on social studies.
Booker T. Washington High School in South City is steeped in history, dating back to 1926.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Downtown Memphis neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown Memphis
US
Homicide
9
4
Sexual Assault
10
4
Assault with Weapon
10
4
Robbery
10
4
Burglary
9
4
Motor Vehicle Theft
9
4
Larceny
9
4
Crime Score
9
4
Source: WhatIsMyCrimeRisk.com
Downtown Memphis Demographics and Home Trends
On average, homes in Downtown Memphis, Memphis sell after 100 days on the market compared to the national average of 56 days. The median sale price for homes in Downtown Memphis, Memphis over the last 12 months is $185,000, up 9% from the median home sale price over the previous 12 months.
Experience elevated downtown living in this beautifully appointed 12th-floor residence at the historic Shrine Building. Fully renovated and completely reimagined in 2017 with a new floorplan with 12-foot ceilings in the living, dining & kitchen areas. This home showcases vibrant city skyline views and Mississippi River views through expansive windows that fill the home with natural light. The
Your NEW HOME just got a lot more affordable! For a limited time, Schuler Homes is offering a permanent 5.49% FIXED interest rate, subject to terms and conditions. Or, if you want an even lower rate for the first year to five years, ask about temporary buydowns as low as 3.99%! Call for details. Move-in Ready New Construction! 4 Bedrooms, 3 FULL Baths with a finished, rear WALKOUT lower level on
Jesse NiehausSchuler Bauer Real Estate Services ERA Powered (N
Fully renovated condo located in the historic Shrine Building! Wood floors throughout, granite countertops, stainless appliances including wine fridge, and new cabinetry. Bathroom has stylish vanity, walk-in shower and new tile. New HVAC 2020, new fridge, dishwasher & range 2023. Storage unit #19 on 9th floor included. The Shrine is just across from the new Memphis Museum, coming online at the
Live in the heart of downtown Memphis in this spacious 2-bedroom, 2-bath condo that offers 1,490 square feet of stylish comfort. Soak in natural light from a beautiful skylight, or step outside to explore legendary spots like Beale Street, AutoZone Park, and the Fire Museum of Memphis—all just a short walk away. With its move-in ready status and being sold as-is, this home is perfect for
Live in the heart of downtown Memphis at the iconic Claridge House. This thoughtfully maintained condo is located in a mixed-use building with a coffee shop and restaurant on the ground floor and features spacious, light-filled rooms, a large walk-in closet, and built-in shelving. Walk, or ride the Main Street trolley, to many of downtown Memphis's favorite destinations, including Tom Lee Park,
Welcome to downtown Memphis living at its finest in Claridge House! This spacious studio condominium offers a surprisingly open and comfortable floor plan featuring a separate kitchen, full-size bath, walk-in closet, and charming exposed brick accent wall that adds character and warmth. Enjoy river views from your unit and experience the convenience of low-maintenance condo living in the heart of
The Historic Claridge House Condos if you adore downtown this one is for you totally renovated fresh paint new flooring new stove and dishwasher and a washer and dryer. A great view of the river from the roof top
TOP FLOOR condo overlooking The River, Bridge, Court Square Park and Main Street. Views of the River and M Bridge from all rooms! Updated Kitchen and Baths. Primary Bath has Whirlpool Tub and 2nd Bedroom Bath has a large shower. This condo has tons of natural light. The rooftop deck has 2 levels and is just up one flight of stairs from this 10th floor unit, views in all directions, great M Bridge
Experience the charm of classic city living in this top-floor, 3 bed,2.5 bath walk-up on Main Street—reminiscent of iconic New York-style residences, full of character & elevated views. Situated in the vibrant heart of Downtown Memphis, this one-of-a-kind condo offers spectacular cityscape vistas through floor-to-ceiling windows & immerses you in the rich, authentic feel of a bygone era. Inside,
A spacious light filled condominium with multiple community amenities, including a Rooftop, Private gym, swimming pool, and hot tub, as well as an in-house coffee shop. Upon entering the elegant lobby, you will see mailboxes and fob entry only elevators to take you up to level 11. Unit 1103 specifically boasts beautiful views of Main Street and lots of closet space.
Experience the best of downtown Memphis from this affordable studio just steps from bars, restaurants, and scenic parks along the Mississippi River. Enjoy daily sunsets and skyline views from the building’s rooftop terrace, complete with new gas grills perfect for entertaining. Amenities include a fitness center, indoor pool, hot tub, event room with river and city views, and a cozy coffee shop
Stunning condo with beautiful Mississippi River and bridge views, in Waterford Plaza! Come see this breathtaking home nestled high up on the 14th floor of the building with the best location Downtown. Natural hardwood floors throughout with specialized Herringbone pattern in Living & Dining areas. Two SubZero Refrigerators included, plus a wet bar with separate icemaker. Waterford Plaza boasts an
Experience downtown Memphis living at its best in this stunning 2-story, 1BR, 1.5BA loft featuring some of the best skyline and Main Street views in the city. The open living area offers soaring 16' ceilings and ample windows that wrap around the corner of the building while the upstairs loft-style bedroom offers a private full bath and two walk-in closets. Building amenities include a rooftop
Welcome to 400 E Pontotoc Ave a beautifully positioned property offering exceptional flexibility for both homeowners and investors alike. This residence blends charm, functionality, and opportunity, making it ideal as a primary home, long-term rental, or investment asset. Thoughtfully designed living spaces provide comfort and ease, while the property’s layout supports multiple lifestyle or
The Peabody Collection offers a unique apartment experience. Our three distinct properties, Pembroke Square, Gayoso House and 50 Peabody Place– each offer a unique experience tailored to different lifestyles. From the quiet elegance of Pembroke Square to the vibrant energy of Gayoso House, you'll find the perfect downtown home within the Peabody Collection.
Your home says a lot about you. At Uptown Square you get to choose from a variety of floor plans that offer historic character, downtown living, prestige, and family appeal.Uptown Square has something for everyone, and if you want to be a part of something dramatically different, you should know that everything old here is new again - move in now and get back in style.
Rising 25 stories high in the downtown Memphis sky, Indigo Riverview Apartments offers unparalleled views and a centralized location near the University of Memphis Law School and the Memphis Medical District. Our facilities include a new resident lounge, theater and game room, and fitness center. Our spacious floor plans include updated interiors, private patios/balconies. Residents also have
Bluff City Life at its Best. || Set on Main Street in the heart of downtown, Downtown Memphis Flats includes several renovated historic mid-rise buildings with original architectural details, modern fixtures and stylish interiors. The light-filled apartments feature open-space floor plans, hardwood floors and high ceilings for an open-air look and feel. The central location puts all downtown has
Drawing inspiration from the building’s previous incarnations, the redevelopment breathes a new life into the building as a multifaceted development, uniting Memphians with a common interest. We are delighted to offer forty apartments, commercial offices, a number of amenities at street-level, and space for collaboration and congregation.The Commonwealth has modern kitchens & baths,
Discover the artful balance of loft-style living and refined industrial comfort at Lofts at Union Alley, ideally situated in the heart of Downtown Memphis. Just steps from iconic Main Street, our apartments in Downtown Memphis place you within effortless walking distance of the city's most celebrated dining, entertainment, and cultural destinations. Experience sophisticated urban living while
Welcome to Metro 67 Apartments, offering refined living in our luxury apartments in Downtown Memphis. Located in a beautifully restored historic building at the corner of Madison and Front Street, our community blends timeless character with modern sophistication. Each apartment features upscale finishes and thoughtfully designed interiors that make everyday living feel elevated. With unmatched
Welcome home to Court Square Apartments, premier apartments for rent situated in the heart of downtown Memphis. Our community pairs modern finishes with historic charm. All of our unique one, two, and three bedroom apartments feature spacious living areas, high ceilings, a fully-equipped kitchen, generous storage space, antique operational windows, and beautiful views of Court Square Park or the
Our Zero Deposit Program means no upfront security deposit—just a simple, cost-effective solution that makes securing your new home easy.Also, receive a 1/2 month free off your first full months rent for leases 13 months or longer if you lease today!Welcome to Fielder Square, where historical charm meets modern luxury in the heart of Downtown Memphis. Our apartments for rent in Memphis, TN
Number 10 Main offers the perfect blend of luxury and convenience with a rooftop patio, club room with Wi-Fi and coffee bar, and a trolley line at your front door.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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