HotelsMemphis HotelsThe Exchange Suites
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The Exchange Suites

1,365 reviews
+1 901-590-0492

Top Amenities

Free Wifi
Pets Allowed

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. Second St
Memphis, TN 38103
Rooms & Rates
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User Highlights
Overall Guest Score
Value for money
"Excellent price" "Cheap car park"
"Location superb" "Fantastic location"
Not enough parking facilities, according to 59%.
84% liked the proximity to sightseeing.
"The friendliest staff" "NO maid service"
83% found the staff to be very friendly.
74% said the reception staff was great.
"Old apartment building" "Really old building"
55% thought the building wasn't nice.
59% considered the lobby entrance to be so-so.
"Dated furnishings" "Old mattress"
83% criticized the unstylish hotel.
59% considered the lobby entrance to be so-so.
"No internet" "Poor wireless connection"
70% said the wifi quality was bad.
"There was no breakfast" "No breakfast provided"
"Broken towel rack" "Terrible night sleep"
76% didn't like the uncomfortable beds.
72% said rooms were dirty.
"Tiny living room" "Broken springs"
76% didn't like the uncomfortable beds.
Only 69% said rooms were big enough.
"No place to eat" "No dining"
For 96%, the dining experience was not enjoyable.
70% loved the menu selection.
"It smelled smoky" "Dingy tile floors"
72% said rooms were dirty.
74% thought it was rather dirty.

Good to know...

AC needs updating
Parking is rare
Hotel could use some updating
Rooms need regular maintenance
Hotel Information
Free Wifi
No Smoking
Pets Allowed
From 3:00pm*must be 18 or older to check-in
Until 11:00am
# of Rooms
  • Deposit: USD 50.00 per day
  • Pet Fee: USD 50 per accommodation, per stay
  • Pet Deposit: USD 75.00 per stay
Handicap Accessible
Wheelchair Accessible