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The Exchange

653 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
"Near downtown nightlife" "Excellent location downtown"
Not enough parking facilities, according to 58%.
For 57%, parking prices were too high.
"Gorgeous accents" "Excellent staff"
89% found the staff to be very friendly.
65% said the reception staff was ok.
"No breakfast offered" "No breakfast"
"Beautiful old building" "A lot of character"
83% criticized the unstylish accommodation.
68% considered the lobby entrance to be so-so.
"Ac was broken" "Awful bed linen"
93% thought they were poorly maintained.
77% said rooms were dirty.
"There was no dish" "No dishes"
"No internet" "Wifi reception poor"
85% said the wifi quality was bad.
"Old fashioned air conditioner" "Ac was broken"
76% didn't like the uncomfortable beds.
Only 64% said rooms were big enough.
"Second room smelled of smoke" "Stained sheets"
77% said rooms were dirty.
67% thought it was rather dirty.

Good to know...

Rooms need regular maintenance
AC needs updating
Rooms in need of an update
Furniture needs more attention