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1517 Madison Ave #202

Memphis, TN 38104 - Shelby County

Apartment

1 beds

1 baths

950 sqft

About 1517 Madison Ave #202

Unique boutique style one-bedroom apartment in the heart of midtown. This spacious 950 sqft apartment is on the 3rd floor and has tons of storage, a walk in closet, spacious kitchen with stainless steel appliances, pantry, washer/ dryer, original hardwood flooring, plenty of natural light and off-street parking. The apartment is unique and far from the cookie cutter feel of a new build but with all the same luxuries. Walk to restaurants, bars or enjoy live music just down the street at Minglewood Hall. 620+ Credit Score (Co-signer if needed) Total Move in cost $1775 (First months rent $1275, Security deposit $500) Cats ok, No Dogs This Property is located in the heart of Midtown and is perfect for those looking to bike and walk to nearby shops, restaurants and local events. Additional Storage, Heat, Linen Closet, Range, Dishwasher, Air Conditioner, Ceiling Fan, Dryer, Hardwood Flooring, Individual Climate Control, Refrigerator, Tile Flooring, Washer, Window Coverings, Controlled Access, Island Kitchen, Large Closets, Pantry & Vaulted Ceiling.

RentalSource last checked: July 18, 2025 at 7:30 AM ET

Last updated: June 1, 2025 at 3:31 PM ET

Listed by: Wood Property Team, (901) 250-2291

Property Summary

Property Type:	Apartment
Rental Fee:	$1,275
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	950 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	81553981

Property Amenities

• Ceiling Fan

• Dishwasher

• Hardwood Floors

• Refrigerator

• Vaulted Ceilings

• Washer/Dryer Hk-up

• Walk-in Closets

Community Features

• Bike Paths

• Controlled Access

• Reserved Parking

• Storage

Leasing Information

Deposit: $500.

Additional Details

Apartment for rent in Memphis for $1,275 with 1 bed, 1 bath, 950 sqft and located at 1517 Madison Ave #202 in Memphis, TN 38104. The rental price of $1,275 is 33.2% ($318) higher than the average rent of $957 for a 1 bedroom apartment in Memphis, TN and 15.2% ($168) higher than the average rent of $1,107 for a 1 bedroom apartment in Shelby County. 1517 Madison Ave #202 was advertised by Wood Property Team on June 1, 2025 at 10:10 AM ET and last checked today at 7:30 AM ET.

Affordability Calculator

Can I afford to live at 1517 Madison Ave #202?

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

$51,000 /year

With your chosen rent-to-income ratio, an annual income of $51,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,275 per month.

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

Apartment for rent

$1,275

Rent Affordability Calculator

Interested in 1517 Madison Ave #202?

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Property managed by:

Wood Property 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.