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Monthly Rent
$999 - $1,599
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Bedrooms
Studio - 2 bd
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Bathrooms
1 - 2 ba
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Square Feet
354 - 800 sq ft
Highlights
- New Construction
- Cabana
- Pool
- Controlled Access
- Gated
- Business Center
Pricing & Floor Plans
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Unit 1186-105price $999square feet 354availibility Now
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Unit 1186-206price $999square feet 354availibility Feb 15
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Unit 5840-108price $1,099square feet 417availibility Now
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Unit 5840-112price $1,099square feet 417availibility Now
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Unit 5840-114price $1,099square feet 417availibility Now
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Unit 5861-104price $1,199square feet 548availibility Now
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Unit 1153-204price $1,449square feet 417availibility Now
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Unit 1153-104price $1,449square feet 417availibility Now
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Unit 1153-203price $1,449square feet 417availibility Mar 13
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Unit 1186-109price $1,599square feet 545availibility Now
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Unit 1186-111price $1,599square feet 545availibility Jan 29
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Unit 1186-211price $1,599square feet 545availibility Apr 17
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Unit 1186-114price $1,199square feet 545availibility Mar 17
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Unit 1146-106price $1,499square feet 800availibility Now
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Unit 1146-108price $1,499square feet 800availibility Now
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Unit 1146-210price $1,499square feet 800availibility Now
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Unit 1186-105price $999square feet 354availibility Now
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Unit 1186-206price $999square feet 354availibility Feb 15
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Unit 5840-108price $1,099square feet 417availibility Now
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Unit 5840-112price $1,099square feet 417availibility Now
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Unit 5840-114price $1,099square feet 417availibility Now
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Unit 5861-104price $1,199square feet 548availibility Now
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Unit 1153-204price $1,449square feet 417availibility Now
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Unit 1153-104price $1,449square feet 417availibility Now
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Unit 1153-203price $1,449square feet 417availibility Mar 13
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Unit 1186-109price $1,599square feet 545availibility Now
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Unit 1186-111price $1,599square feet 545availibility Jan 29
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Unit 1186-211price $1,599square feet 545availibility Apr 17
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Unit 1186-114price $1,199square feet 545availibility Mar 17
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Unit 1146-106price $1,499square feet 800availibility Now
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Unit 1146-108price $1,499square feet 800availibility Now
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Unit 1146-210price $1,499square feet 800availibility Now
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities. Use the Cost Calculator to add these fees to the base price.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$75
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Due at Move-In
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Administrative FeeCharged per unit.$150
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Due at Application
Pet policies are negotiable.
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Dogs
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Monthly Pet FeeMax of 2. Charged per pet.$300
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One-Time Pet FeeMax of 2. Charged per pet.$35 - $70
Restrictions:Pet restrictions apply. Please call for details.Read More Read Less -
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Cats
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Monthly Pet FeeMax of 2. Charged per pet.$300
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One-Time Pet FeeMax of 2. Charged per pet.$35 - $70
Restrictions: -
Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Details
Lease Options
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Short term lease
Property Information
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Built in 2024
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153 units/3 stories
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Furnished Units Available
Matterport 3D Tours
Select a unit to view pricing & availability
About 240 Flats
Beautiful newly renovated apartments are coming Spring 2024 in the heart of Memphis! Contact us today to learn more.
240 Flats is an apartment community located in Shelby County and the 38119 ZIP Code. This area is served by the Shelby County Schools attendance zone.
Community Amenities
Pool
Fitness Center
Clubhouse
Controlled Access
- Package Service
- Wi-Fi
- Controlled Access
- Business Center
- Clubhouse
- Fitness Center
- Pool
- Gated
- Cabana
Apartment Features
Washer/Dryer
Microwave
Refrigerator
Ceiling Fans
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Vinyl Flooring
- Furnished
- Package Service
- Wi-Fi
- Controlled Access
- Business Center
- Clubhouse
- Gated
- Cabana
- Fitness Center
- Pool
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Microwave
- Oven
- Range
- Refrigerator
- Vinyl Flooring
- Furnished
| Monday | 9am - 5pm |
|---|---|
| Tuesday | 9am - 5pm |
| Wednesday | 9am - 5pm |
| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |
| Saturday | 10am - 4pm |
| Sunday | Closed |
The vibrant traditions and culture of the south come alive in Memphis, a robust and historic Mississippi riverfront community of over 600,000 neighbors. Memphis is legendary as an incubator for American musical titans, with landmarks like Sun Studios, the Stax Museum of American Soul Music, and Graceland serving as some of the city’s most popular attractions for visitors. The city’s musical tradition continues today, with a packed roster of live music representing every conceivable genre. Just as famous as the music is the food, with Memphis-style barbecue widely available and internationally recognized as a true American delicacy.
But beyond the neon of Beale Street, Memphis offers a delightful living experience steeped in southern charm and modern flair. The cost of living is quite affordable, with apartments, condos, and houses to fit any budget. The rental market is incredibly diverse, from urban efficiency apartments to stunning historic homes on sleepy suburban streets.
Learn more about living in Memphis| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 7 min | 3.3 mi | |
| Drive: | 11 min | 4.8 mi | |
| Drive: | 11 min | 6.0 mi | |
| Drive: | 15 min | 7.4 mi |
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Data provided by GreatSchools.org © 2026. All rights reserved.
240 Flats Photos
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240 Flats
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Ridgeway 1BR, 1BA - 545SF
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Models
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Nearby Apartments
Within 50 Miles of 240 Flats
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Fairfax Manor Townhomes
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Memphis, TN 38119
$1,250 - $1,800
1-4 Br 1.0 mi
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The Residences at Lakeview
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Memphis, TN 38115
$635 - $1,186
1-4 Br 2.2 mi
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Edge at Lakeview
6296 Lake View Trl
Memphis, TN 38115
$790 - $1,425
1-3 Br 3.0 mi
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Pinebrook Pointe
3541 Mediterranean Dr
Memphis, TN 38118
$699 - $799
1-2 Br 4.5 mi
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Grahamwood Place
4045 Summer Ave
Memphis, TN 38122
$699 - $949
1-3 Br 4.6 mi
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Madison Midtown
1544 Madison Ave
Memphis, TN 38104
$944 - $2,400
1-3 Br 8.4 mi
240 Flats has units with in‑unit washers and dryers, making laundry day simple for residents.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Contact this property for parking details.
240 Flats has studios to two-bedrooms with rent ranges from $999/mo. to $1,599/mo.
Yes, 240 Flats welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $999 for a studio, you would need to earn about $36,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.
240 Flats is offering Specials for eligible applicants, with rental rates starting at $999.
Yes! 240 Flats offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources