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The Exchange

443 reviews
+1 901-590-0492

The Exchange Offers Affordable Apartments in Memphis, Tennessee

What Do the Rooms Include?

The Exchange offers apartment-style accommodations for short- and long-term stays. The suites have kitchens, so you can save during your stay by preparing meals in your room. Keep in touch with complimentary high-speed wired and wireless Internet access. Apartments also feature separate bedrooms and living rooms. 

What Amenities Does the The Exchange Offer?

Enjoy express check-out at this property and laundry facilities on-site for your convenience. Check email with free Wi-Fi access in public areas. 

What are the Rates Like?

Rates for a Standard Apartment with one queen bed at The Exchange start at $139 per night, while rates for a Standard Apartment with two queen beds start at $169 per night. Monthly rates also are available for long stays. A one-bedroom suite starts at a rate of $800 per month, while larger apartments are available at $1,100 a month and up. 

What’s There to Do Nearby?

Located in the heart of downtown Memphis, this property is close to dining, cafes, and nightlife within a neighborhood. Stroll to Beale Street, just a five-minute walk away, where you can enjoy a drink in one of the area's lively and popular bars. Visit Court Square and the Fire Museum of Memphis, both within walking distance of the hotel. Don't miss a stop at the legendary Sun Studio, and catch a show at the Orpheum Theatre or an event at the Memphis Pyramid, all of which also are nearby.

What's the Bottom Line?

Part of an early 20th-century building listed in the National Register of Historic Places, The Exchange offers apartment-like rooms in downtown Memphis at affordable rates. Guests of The Exchange praise the clean and spacious rooms, along with the central location. Travelers looking for cheap hotels in Memphis for either short- or long-term stays will find budget-friendly rates for apartments close to dining, nightlife, and public transportation options. 

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9 N 2nd Street
Memphis, TN 38103
Rooms & Rates
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User Highlights
"Front desk went above and beyond" "New reservation"
89% found the staff to be very friendly.
73% said the reception staff was great.
"Near downtown nightlife" "Close to riverfront"
Not enough parking facilities, according to 66%.
For 80%, parking prices were too high.
"No breakfast offered" "No breakfast"
Value for money
"Reasonable accommodations" "Reasonably priced"
"A lot of character" "Older building"
83% criticized the unstylish accommodation.
67% considered the lobby entrance to be so-so.
"There was no dish" "No dishes"
"No Wifi" "Wifi would not work"
80% said the wifi quality was bad.
"Second room smelled of smoke" "Ac was broken"
94% thought they were poorly maintained.
75% said rooms were dirty.
"Old fashioned air conditioner" "Ac was broken"
78% didn't like the uncomfortable beds.
Air conditioning was criticized by 97%.
"Bedrooms dusty" "Second room smelled of smoke"
75% said rooms were dirty.
90% said the bathroom was dirty.

Good to know...

AC needs updating
Rooms need regular maintenance
TV needs to be updated
Rooms in need of an update