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1515 Madison Ave #5

Memphis, TN 38104 - Shelby County

Apartment

1 beds

1 baths

About 1515 Madison Ave #5

Half Off First Months Rent. Adorable 1 bedroom, 1 bathroom apartment located in Midtown. Kitchen. Gas Stove/Oven. Refrigerator. Vent a Hood. Shared Laundry. Security/Storm Doors. This charming 1-bedroom, one-bathroom duplex in the heart of Midtown offers both comfort and convenience. With a variety of local and fast-food restaurants just a short walk or drive away, you'll never be far from a great meal. Need a break from the hustle and bustle? Overton Park is nearby, offering a peaceful retreat or you can visit the Memphis Brooks Museum of Art or the Memphis Zoo for a fun day out. Sports fans will love being just a 10-minute drive from the Liberty Bowl Stadium-never miss a Tigers game again. Plus, popular destinations like the Cooper-Young district, the Memphis Museum of Science & History and The Children's Museum are all just a short distance away. With easy access to the interstate, your commute or weekend adventures are a breeze. This apartment puts you in the perfect spot to explore all that Midtown Memphis has to offer. At Mid-South Home Rentals, we strive to provide a cost-effective and convenient living experience. That's why we offer a Resident Benefits Package (rbp) designed to eliminate common headaches and provide essential services for our residents. The Total Monthly Price of $785.95 includes base rent plus the Resident Benefits Package at $35.95 per month. The Rbp includes renters insurance, air filter delivery, utility setup assistance, credit-building services and more....

RentalSource last checked: June 12, 2026 · 3:18 PM ET

Last updated: June 10, 2026 at 2:17 PM ET

Managed by: Christal Spencer · (901) 430-4117

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$650
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	Inquire
Pet Friendly:	Yes
Listing Status:	Active
ID:	83793674

Property Amenities

• Ceiling Fan

• Gas Range

• Pet Friendly

• Refrigerator

Community Features

• Laundry Facilities

Additional Details

Apartment for rent in Memphis for $650 with 1 bed, 1 bath, pet friendly and located at 1515 Madison Ave #5 in Memphis, TN 38104. The rental price of $650 is 18.5% ($148) lower than the average rent of $798 for a 1 bedroom apartment in Memphis, TN and 22.2% ($186) lower than the average rent of $836 for a 1 bedroom apartment in Shelby County. 1515 Madison Ave #5 was advertised by Christal Spencer on June 10, 2026 at 10:03 AM ET and last checked today at 3:18 PM ET.

Affordability Calculator

Can I afford to live at 1515 Madison Ave #5?

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

$26,000 /year

With your chosen rent-to-income ratio, an annual income of $26,000 is recommended to comfortably afford this 1-bedroom rental priced at $650 per month.

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

Apartment for rent

$650

Rent Affordability Calculator

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Property managed by:

Christal Spencer
(901) 430-4117

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