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New - 3 days ago
Verified
Pet Friendly

245 Madison Ave #502

Condo
1 beds
1 baths
928 sqft

About 245 Madison Ave #502

This cool studio condo is located in the historic Fogelman YMCA building, a Downtown Memphis landmark originally built in 1909. Combining historic character with modern convenience, this one-of-a-kind home offers an open layout with plenty of room to create living, dining, sleeping and work spaces. Historic concrete floors, exposed brick walls, exposed pipes and ductwork give the space an authentic industrial feel. The kitchen includes all appliances, abundant cabinet space and a functional layout for everyday living. Large windows overlook AutoZone Park, offering a unique front-row seat. A spacious walk-in closet provides excellent storage, while the bathroom features a shower/tub combo and additional storage space. Laundry room with washer and dryer included. Pet friendly. 2 parking spots included in nearby parking garage. Located in the heart of Downtown Memphis, you'll be steps from AutoZone Park, Main Street, restaurants, shopping, entertainment and everything Downtown has to offer. Professionally managed by 901 Real Estate Services. Please see below. Some photos may be virtually staged. Typical fees for approved applicants, not including security deposit: one-time admin fee of $250; one-time pet fee & monthly pet rent, determined by PetScreening per pet; any fees associated with specific communities or buildings. Advertised rent price per month includes $40 Resident Benefit Package. Please ask the Property Manager for more information. Appliances Included. Ceiling Fan(s) Central Heat & Air. Concrete Floors. Dressing Closet(s) Exposed Brick Walls. Historic Building. Industrial Loft Design. Laundry Room. Located Downtown. Loft. Overlooks Auto Zone Park. Parking 2 Garage Spaces. Pet Friendly....
RentalSource last checked: June 11, 2026 · 3:39 PM ET
Last updated: June 9, 2026 at 2:32 PM ET
Managed by: Hayden Davis · (901) 231-6999 ·
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type: Condo
Rental Fee: $1,240
Bedrooms: 1 beds
Bathrooms: 1 baths
Size: 928 sqft
Pet Friendly: Yes
Has Garage: Yes
ID: 83784733

Property Amenities

•  Ceiling Fan
•  Garage
•  Pet Friendly
•  Refrigerator
•  Washer/Dryer In Unit
•  Walk-in Closets

Community Features

•  Laundry Facilities
•  Parking
•  Storage

Additional Details

Condo for rent in Memphis for $1,240 with 1 bed, 1 bath, 928 sqft, pet friendly and located at 245 Madison Ave #502 in Memphis, TN 38108. The rental price of $1,240 is 55.4% ($442) higher than the average rent of $798 for a 1 bedroom condo in Memphis, TN and 48.3% ($404) higher than the average rent of $836 for a 1 bedroom condo in Shelby County. This condo 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 #502 was advertised by Hayden Davis on June 9, 2026 at 10:53 AM ET and last checked yesterday at 3:39 PM ET.

Affordability Calculator

Can I afford to live at 245 Madison Ave #502?
Bedrooms
1 bedroom
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Recommended income
$49,600 /year
With your chosen rent-to-income ratio, an annual income of $49,600 is recommended to comfortably afford this 1-bedroom rental priced at $1,240 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Condo for rent
$1,240
Interested in 245 Madison Ave #502?
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Property managed by:
Hayden Davis
(901) 231-6999
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

Ask About 245 Madison Ave #502

245 Madison Ave #502, Memphis, TN 38108 - Condo for Rent
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