Find Rentals in Memphis

Houses for Rent

Apartments for Rent

Explore Listings

Property Managers

Listings Quality Policy

Renter Resources

Avoid Scams & Fraud

Rent vs. Buy Calculator

Rent Affordability Calculator

Help & Support

1 / 10

Verified

245 Madison Ave #604

Memphis, TN 38103 - Shelby County

Apartment

1 beds

1 baths

1,150 sqft

About 245 Madison Ave #604

Overlooking the energy of AutoZone Park in the heart of downtown Memphis, this studio apartment offers a unique blend of urban style and everyday convenience. Enjoy wide windows that flood the space with natural light while providing a front-row view of the stadium atmosphere. Inside, the open-concept layout features sleek concrete floors and an exposed ceiling, creating a modern industrial feel with character throughout. The kitchen comes fully equipped with all appliances and in-unit washer and dryer add an extra layer of convenience to your daily routine. Just steps away from dining, entertainment and everything downtown Memphis has to offer. Pets are negotiable with a $250 non-refundable pet deposit and a $25 monthly pet fee (per pet). SE habla espanol. All Renshaw Company residents are enrolled in the Resident Benefits Package (rbp) for $35/month which includes liability insurance, credit building to help boost the residents credit score with timely rent payments, up to $1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), our best-in-class resident rewards program and much more. More details upon application.

RentalSource last checked: June 12, 2026 · 9:58 AM ET

Last updated: May 3, 2026 at 2:15 PM ET

Managed by: Renshaw Company Realtors · (731) 325-3267 · TenantTurner

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$1,250
Bedrooms:	1 beds
Bathrooms:	1 baths

Size:	1,150 sqft
Pet Friendly:	Inquire
Listing Status:	Active
ID:	83541746

Property Amenities

• Washer/Dryer Hk-up

Leasing Information

Fees: Application fee $55 (mandatory, nonrefundable, pre-move-in). Lease processing fee $125 (mandatory, nonrefundable, pre-move-in).

Additional Details

Apartment for rent in Memphis for $1,250 with 1 bed, 1 bath, 1,150 sqft and located at 245 Madison Ave #604 in Memphis, TN 38103. The rental price of $1,250 is 56.6% ($452) higher than the average rent of $798 for a 1 bedroom apartment in Memphis, TN and 49.5% ($414) higher than the average rent of $836 for a 1 bedroom apartment in Shelby County. This apartment is in the Shelby County School District and the nearest schools are Downtown Elementary School, Bellevue Junior High School and Medical District High School. 245 Madison Ave #604 was advertised on May 2, 2026 at 9:50 AM ET, last updated on May 3, 2026 at 2:15 PM ET and last checked today at 9:58 AM ET.

Affordability Calculator

Can I afford to live at 245 Madison Ave #604?

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

$50,000 /year

With your chosen rent-to-income ratio, an annual income of $50,000 is recommended to comfortably afford this 1-bedroom rental priced at $1,250 per month.

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

Apartment for rent

$1,250

Rent Affordability Calculator

Interested in 245 Madison Ave #604?

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

Property managed by:

Renshaw Company Realtors
(731) 325-3267

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