Downtown Memphis · Business Stays

Corporate Housing in Downtown Memphis

If your company is sending you to Memphis — or you are the one doing the sending — corporate housing in downtown Memphis is almost always the better answer than a long hotel stay. This guide explains what corporate housing is, who relies on it, what it includes, how it compares to a hotel on cost, and where to base a business stay. The most central option is The Exchange Building, a 1910 landmark on Court Square Park that leases direct in the heart of the business district.

A local business-housing guide from The Exchange Building · 9 N 2nd Street, Memphis, TN 38103

What is corporate housing?

Corporate housing is a fully furnished, move-in-ready apartment rented by the month for work-related stays. Instead of a nightly hotel rate, you pay a single monthly price that bundles the furniture, kitchenware, utilities, and internet — so an employee or contractor can arrive with a laptop and a suitcase and be productive the same day. The term covers everything from a relocating executive's two-month landing pad to a project team's block of Memphis corporate apartments near the job site.

The appeal is simple: it is housing built for people who are in town to work, not to vacation. You get a real home — a bedroom you can close, a kitchen you can cook in, a desk you can work from, and laundry you do not have to leave for — with the flexibility of a monthly term and none of the friction of furnishing a place yourself.

Who uses corporate housing in Memphis?

Memphis is a logistics, distribution, medical, and corporate hub, which keeps a steady stream of professionals in town on assignments measured in weeks and months. Corporate housing serves several of them especially well.

Relocating employees

When a company moves someone to Memphis, there is almost always a gap between the start date and the day a permanent home is ready. Corporate housing bridges it — a comfortable, furnished base downtown while the new hire learns the city and house-hunts. Pair it with our Memphis relocation guide, and if the timeline stretches, a flexible extended stay covers the in-between.

Consultants and project teams

Consultants, auditors, engineers, and crews on a fixed-length engagement need turnkey housing they can expense and hand back when the work wraps. Major Memphis employers — FedEx and AutoZone among them — pull in vendors, partners, and traveling staff who all need somewhere to land that is not a hotel for three months. A walkable downtown apartment keeps the team close to the office and to each other.

Medical, St. Jude, and assignment staff

The downtown and medical districts run on traveling healthcare professionals, researchers, and families with assignments at the city's hospitals and at St. Jude Children's Research Hospital. Furnished monthly housing near the medical district is exactly the fit — see our guide to travel-nurse and medical housing downtown.

What is included

The whole promise of corporate housing is "turnkey," so a good unit should let you unpack and get to work the same afternoon. Expect:

• Furniture — bed, living-room seating, dining, and a real workspace.
• Kitchen and housewares — cookware, dishes, small appliances, and utensils.
• Linens and towels — made bed, ready bath.
• Utilities — electricity and gas, usually bundled (downtown they run through MLGW).
• Internet — Wi-Fi live on day one, the non-negotiable for working stays.
• In-unit laundry — or convenient on-site machines.
• Parking plan — many historic downtown buildings use nearby garages or monthly lots.

For a closer look at how furnished inventory varies downtown — from sleek studios to historic lofts — see furnished apartments downtown. Always confirm the minimum stay and any one-time cleaning or service fees before you sign.

Cost vs. hotels for long trips

For a night or two, a hotel wins on simplicity. But the moment an assignment runs into weeks, the math flips hard toward corporate housing. A standard downtown one-bedroom rents in roughly the $1,200–$1,800 range; furnished corporate units price above that for the convenience and flexibility, yet a furnished apartment's monthly rate routinely undercuts a comparable hotel run while giving you more space, a kitchen that saves on meals, and laundry that saves on services.

When you compare a hotel quote to a housing quote, compare the all-in totals: nightly rate plus parking, resort or service fees, and the cost of eating every meal out, versus a single monthly figure with the kitchen included. For the broader picture on local rents, see our cost of renting in downtown Memphis, and if your need is open-ended, weigh a monthly rental.

Location: near the Renasant Convention Center and downtown business

For a working stay, location is not a luxury — it is the entire value proposition. The closer you are to your meetings, the more of your day you keep. Downtown Memphis puts the business core, the courts, and the convention calendar within a short walk, and the Main Street trolley links the rest. Conventions, trade shows, and corporate events run year-round at the Renasant Convention Center; basing your team within walking distance means no rental cars, no rideshare surge, and no parking hunt. Our Renasant Convention Center guide covers the venue and the surrounding blocks, and the Downtown Memphis Commission tracks the district's ongoing growth.

The most central address of all is Court Square, the historic civic heart of downtown — flat, walkable, and a few minutes on foot from the Convention Center, the courthouse, Beale Street, and the riverfront. Getting around is easy without a car; the details are in getting around downtown Memphis.

The Exchange Building for corporate stays

The Exchange Building rose in 1910 as the home of the Memphis Cotton and Merchants Exchanges — once the trading floor of the "cotton capital of the world." Today the Beaux-Arts landmark serves as downtown residences, and its standout amenity for any business traveler is its address: Court Square Park at 9 North Second Street, within an easy walk of the Convention Center, Beale Street, the riverfront, AutoZone Park, FedExForum, and the trolley. For a stay built around work, that walkability is worth more than any hotel gym.

Just as important is how you book. The Exchange leases direct — no broker fees — with transparent pricing and a modern, self-serve process: submit a quick inquiry, get a private portal, tour, apply, and message the on-site office from your phone. For furnished, monthly corporate stays the on-site team can arrange the right unit or point you to authorized partner options, so your company gets a trusted address in the heart of downtown without the runaround. Learn more in our Exchange Building apartments guide.

Booking and lead time

Furnished housing in the heart of downtown is limited, so booking corporate housing rewards a little planning:

1. Give yourself two to four weeks. More during busy convention and event periods, when downtown demand spikes.
2. Confirm your dates and minimum stay. Most corporate housing runs on monthly terms; nail down the window early.
3. Set the all-in budget. Decide what must be bundled — utilities, internet, parking — and compare monthly totals, not headline rates.
4. Prioritize location. For a working stay, walk-to-the-office beats every other amenity.
5. Submit your inquiry and reserve. Lock the unit and dates before someone else does.

If the assignment turns into a longer commitment, the path only gets simpler — see how to lease an apartment in downtown Memphis. When you are ready, send us your dates and we will return a private portal in minutes.