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Language: English

Open 12am - 12am Today

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call 901-979-5063
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Tennessee Shelby County Memphis Midtown Memphis

Bank Flats Apartments

1529 Madison Ave, Memphis, TN 38104

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901-979-5063
  • Monthly Rent

    $1,250

  • Bedrooms

    1 bd

  • Bathrooms

    1 ba

  • Square Feet

    700 sq ft

Bank Flats Apartments
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Base Rent: $1,250/monthWater: $50/monthSecurity Deposit: $750 (refundable)Administrative Fee: $250 (non-refundable)* Central heat & air* Hardwood floors* High ceilings* Large closets and ample storage* Free on-site laundry* Gated secure parking* Rooftop deck with shade and grill* Walkable Midtown location near MingleWood Hall, dining, shopping, entertainment, and transitPet PolicyCats only$150 non-refundable pet fee$25/month pet rent**Estimated Monthly Cost (before pets and utilities other than water):*** Rent + Water = **$1,300/month****Move-In Costs*** Security Deposit: **$750*** Administrative Fee: **$250*** Total Upfront (excluding first month's rent and pet fees): **$1,000**

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Highlights

  • Controlled Access
  • Sundeck
  • Hardwood Floors
  • Patio

Pricing & Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.
1/1
$1,250 1 Bed 1 Bath 700 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit #1
    price $1,250
    square feet 700
    availibility Jul 1
1/1
$1,250 1 Bed 1 Bath 700 Sq Ft
1 Available unit
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit #1
    price $1,250
    square feet 700
    availibility Jul 1
* Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out.View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

  • One-Time Basics
    • Due at Application
      • Application Fee Per Applicant
        Charged per applicant.
        $0
      • Application Fee Per Applicant
        Charged per applicant.
        $50
    • Due at Move-In
      • Administrative Fee
        Charged per unit.
        $25
      • Administration Fee
        Charged per unit.
        $250
        Max chargeable amount: $250
      • Security Deposit - Refundable
        Charged per unit.
        $500
        Max chargeable amount: $500

Pet policies are negotiable.

  • Cats
    Restrictions:
    Cats are permitted.A non-refundable pet fee of $150 is required prior to move-in, along with monthly pet rent of $25. Tenants are responsible for any damages caused by their pet. Cats must remain inside the apartment and not allowed to roam in shared spaces.
    Read More Read Less
  • Monthly Pet Fee
    Charged per pet.
    $30 / mo
    Max chargeable amount: $30
  • Security Deposit - Non-Refundable
    Charged per unit.
    $0
  • Late Fee
    Charged per unit.
    $25

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

  • 12 mo

Property Information

  • Built in 1902
  • 19 units/2 stories

About Bank Flats Apartments

Base Rent: $1,250/monthWater: $50/monthSecurity Deposit: $750 (refundable)Administrative Fee: $250 (non-refundable)* Central heat & air* Hardwood floors* High ceilings* Large closets and ample storage* Free on-site laundry* Gated secure parking* Rooftop deck with shade and grill* Walkable Midtown location near MingleWood Hall, dining, shopping, entertainment, and transitPet PolicyCats only$150 non-refundable pet fee$25/month pet rent**Estimated Monthly Cost (before pets and utilities other than water):*** Rent + Water = **$1,300/month****Move-In Costs*** Security Deposit: **$750*** Administrative Fee: **$250*** Total Upfront (excluding first month's rent and pet fees): **$1,000**

Bank Flats Apartments is an apartment community located in Shelby County and the 38104 ZIP Code. This area is served by the Shelby County Schools attendance zone.

Unique Features

  • Dryer
  • Individual Climate Control

Contact

Language: English
Open 12am - 12am Today
  • Monday - Sunday, 12am - 12am

Community Amenities

Laundry Facilities

Controlled Access

Maintenance on site

Sundeck

  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Sundeck

Apartment Features

Washer/Dryer

Air Conditioning

Hardwood Floors

Refrigerator

  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Range
  • Refrigerator
  • Hardwood Floors
  • Window Coverings
  • Patio
Location
1529 Madison Ave, Memphis,
TN 38104
Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
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Destination is required

Under 30 minutes

Commute Time is calculated at rush hour.
Neighborhood

Midtown Memphis is a sprawling district that blends suburban neighborhoods with urban amenities. Midtown’s central location is a major part of its allure for an array of renters, ranging from professionals to families. Overton Park sits on the eastern edge of Midtown, offering locals a nine-hole golf course, the Memphis Zoo, playgrounds, an art museum, and 12 acres of forest. Midtown is also home to the Medical District, where you’ll find abundant medical facilities, including a university hospital. Residents of Midtown have access to good public schools, local restaurants, and everyday conveniences. For more dining, shopping, and entertainment options (as well as job opportunities), Midtown residents travel into downtown.

Learn more about living in Midtown Memphis 
Average Prices by Area

Compare neighborhood and city base rent averages by bedroom.

Midtown Memphis Memphis, TN
Studio $901 $960
1 Bedroom $1,129 $1,056
2 Bedrooms $1,267 $1,089
3 Bedrooms $1,406 $1,308
Amenities
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Sundeck
  • Dryer
  • Individual Climate Control
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Range
  • Refrigerator
  • Hardwood Floors
  • Window Coverings
  • Patio
Office Hours
Monday 12am - 12am
Tuesday 12am - 12am
Wednesday 12am - 12am
Thursday 12am - 12am
Friday 12am - 12am
Saturday 12am - 12am
Sunday 12am - 12am
901-979-5063
Education
Colleges & Universities Distance
Colleges & Universities Distance
UT Health Science Center
Drive: 3 min 1.7 mi
Southwest Tenn., Union Avenue
Drive: 3 min 1.7 mi
Christian Brothers University
Drive: 5 min 2.3 mi
Rhodes College
Drive: 5 min 2.3 mi
Bank Flats Apartments is within 3 minutes or 1.7 miles from UT Health Science Center. It is also near Southwest Tenn., Union Avenue and Christian Brothers University.
Schools
  • Public Schools
  • Private Schools
Bruce Elementary School
Public Elementary School
Grades PK-5
495 Students
Attendance Zone
Idlewild Elementary
Public Elementary School
Grades K-5
579 Students
Nearby
Bellevue Junior High School
Public Middle School
Grades 6-8
594 Students
Attendance Zone
Mcs Prep School - Northwest
Public Middle & High School
Grades 6-12
175 Students
Nearby
Central High School
Public High School
Grades 9-12
1,312 Students
Attendance Zone
Grace-St Lukes Episcopal School
Private Elementary & Middle School
Grades PK-8
455 Students
Nearby
Memphis Catholic Middle and High School
Private Middle & High School
Grades 6-12
Nearby
School data provided by 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.
Transportation

Bank Flats Apartments is near Memphis International, located 8.0 miles or 13 minutes away.

Commuter Rail Distance
Commuter Rail Distance
Central Station
Drive: 6 min 3.5 mi
Airports Distance
Airports Distance
Memphis International
Drive: 13 min 8.0 mi
Getting Around
Very Walkable
Walkability
80 / 100
Limited Public Transit
Transit
30 / 100
Exceptionally Drivable
Drivability
100 / 100
Fairly Bikeable
Bikeability
50 / 100

Scores provided by

What do Walkability, Transit, Drivability, and Bikeability mean? Walkability measures the walking distance to day-to-day needs. Transit measures access to public transportation. Drivability measures congestion, parking availability, and access to major roads. Bikeability measures the suitability for cycling. How It Works
Active
Soundscore™
71 / 100

Traffic

Active

Airport

Calm

Businesses

Active

Scores provided by

HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It Works
Points of Interest

Time and distance from Bank Flats Apartments.

Shopping Centers Distance
Shopping Centers Distance
Union Plaza
Walk: 5 min 0.3 mi
Belvedere Collection
Walk: 7 min 0.4 mi
Bank Flats Apartments has 2 shopping centers within 0.4 mile, which is about a 7-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Memphis Zoo
Drive: 3 min 1.6 mi
Children's Museum of Memphis
Drive: 5 min 2.6 mi
Mississippi River Museum at Mud Island
Drive: 6 min 3.0 mi
Sharpe Planetarium
Drive: 7 min 3.5 mi
Memphis Botanic Garden
Drive: 15 min 7.3 mi
Bank Flats Apartments has 5 parks within 7.3 miles, including Memphis Zoo, Children's Museum of Memphis, and Mississippi River Museum at Mud Island.
Hospitals Distance
Hospitals Distance
Methodist Healthcare Memphis Hospitals
Walk: 11 min 0.6 mi
Memphis Mental Health Institute
Drive: 3 min 1.2 mi
Regional One Health
Drive: 3 min 1.4 mi
Bank Flats Apartments has 3 hospitals within 1.4 miles, the nearest is Methodist Healthcare Memphis Hospitals which is 0.6 mile away and a 11 minute walk.
Military Bases Distance
Military Bases Distance
Memphis Defense Depot
Drive: 10 min 5.0 mi
Memphis Naval Air Station
Drive: 33 min 21.3 mi
Bank Flats Apartments is 5.0 miles from Memphis Defense Depot, and is convenient to other military bases, including Memphis Naval Air Station.
 
 

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Frequently Asked Questions
Does Bank Flats Apartments have in-unit laundry?

Bank Flats Apartments has units with in‑unit washers and dryers, making laundry day simple for residents.

What utilities are included in rent at Bank Flats Apartments?

Utilities are not included in rent. Residents should plan to set up and pay for all services separately.

Is parking available at Bank Flats Apartments?

Contact this property for parking details.

Which floor plans are available, and what are the price ranges?

Bank Flats Apartments has one-bedroom apartments renting for $1,250/mo.

Is Bank Flats Apartments pet-friendly?

Yes, Bank Flats Apartments welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Bank Flats Apartments?

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 $1,250 for a one-bedroom, you would need to earn about $50,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.

Does Bank Flats Apartments have move-in specials?

Bank Flats Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.

Does Bank Flats Apartments offer Matterport 3D tours?

While Bank Flats Apartments does not offer Matterport 3D tours, renters can request a tour directly through our online platform.

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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.

Learn How It Works

What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.

Learn How It Works

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1529 Madison Ave

Memphis, TN 38104

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