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7 photos

Updated - today

Featured

Refrigerator

1508 Madison Ave #104

Memphis, TN 38104 - Shelby County

Apartment

1 beds

1 baths

800 sqft

About 1508 Madison Ave #104

Historic studio apartment in the heart of Midtown. The apartment features a spacious layout with original hardwood floors, Ac, gated parking, Free on-site laundry, 3 enclosed outdoor patios, game room and lounge. Showings available beginning this week. Additional Storage, Air Conditioner, Balcony, Ceiling Fan, Controlled Access, Dryer, Hardwood Flooring, Heat, Individual Climate Control, Large Closets, Patio, Private Balcony, Private Patio, Refrigerator, Range, Tile Flooring, View, Washer & Window Coverings.

RentalSource last checked: December 9, 2025 at 2:26 PM ET

Listed by: Midtown Investment Team, (901) 250-2291 via DoorLoop

Property Summary

Property Type:	Apartment
Rental Fee:	$860
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	800 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	82567637

Property Amenities

• Balcony/Patio

• Ceiling Fan

• Hardwood Floors

• Refrigerator

• Washer/Dryer Hk-up

• Walk-in Closets

Community Features

• Controlled Access

• Laundry Facilities

• Reserved Parking

• Storage

Leasing Information

12-month. Deposit: $500.

Additional Details

Apartment for rent in Memphis for $860 with 1 bed, 1 bath, 800 sqft and located at 1508 Madison Ave #104 in Memphis, TN 38104. The rental price of $860 is 9.9% ($95) lower than the average rent of $955 for a 1 bedroom apartment in Memphis, TN and 14.6% ($147) lower than the average rent of $1,007 for a 1 bedroom apartment in Shelby County. 1508 Madison Ave #104 was advertised by Midtown Investment Team on November 19, 2025 at 11:14 AM ET and last updated today at 2:26 PM ET.

Affordability Calculator

Can I afford to live at 1508 Madison Ave #104?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$34,400 /year

With your chosen rent-to-income ratio, an annual income of $34,400 is recommended to comfortably afford this 1-bedroom rental priced at $860 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

Apartment for rent

$860

Rent Affordability Calculator

Interested in 1508 Madison Ave #104?

Find out more about this property & see if it's available now.

Property managed by:

Midtown Investment Team
(901) 250-2291

Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.