Bank Flats
1517-1529 Madison Ave,
Memphis,
TN
38104
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Monthly Rent
$1,000 - $1,175
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Bedrooms
1 bd
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Bathrooms
1 ba
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Square Feet
750 sq ft
This stylish Midtown building offers the perfect blend of urban living and everyday comfort, with central air and heat, hardwood floors, and high ceilings that create an open, spacious feel. Residents enjoy a rooftop deck with shade and a grill for entertaining, along with walk-in closets, generous storage, and convenient on-site laundry facilities. The property also offers gated parking for added peace of mind. Located in a highly walkable area just steps from Minglewood Hall, you’ll be surrounded by great dining, shopping, entertainment, and transit options — truly at the heart of the Midtown lifestyle.
Highlights
- High Ceilings
- Walk-In Closets
- Deck
- Gated
- Grill
- Hardwood Floors
Pricing & Floor Plans
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.
Pet policies are negotiable.
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Surface LotParking Available
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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12 mo
Property Information
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Built in 1902
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19 units/2 stories
About Bank Flats
This stylish Midtown building offers the perfect blend of urban living and everyday comfort, with central air and heat, hardwood floors, and high ceilings that create an open, spacious feel. Residents enjoy a rooftop deck with shade and a grill for entertaining, along with walk-in closets, generous storage, and convenient on-site laundry facilities. The property also offers gated parking for added peace of mind. Located in a highly walkable area just steps from Minglewood Hall, you’ll be surrounded by great dining, shopping, entertainment, and transit options — truly at the heart of the Midtown lifestyle.
Bank Flats 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
- Roof Top Deck With Grill
Contact
Community Amenities
Laundry Facilities
Grill
Gated
24 Hour Access
- Laundry Facilities
- 24 Hour Access
- Gated
- Grill
Apartment Features
Air Conditioning
Hardwood Floors
Walk-In Closets
Deck
- Air Conditioning
- Hardwood Floors
- High Ceilings
- Walk-In Closets
- Deck
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 MemphisCompare neighborhood and city base rent averages by bedroom.
| Midtown Memphis | Memphis, TN | |
|---|---|---|
| Studio | $911 | $951 |
| 1 Bedroom | $1,094 | $1,028 |
| 2 Bedrooms | $1,268 | $1,069 |
| 3 Bedrooms | $1,409 | $1,279 |
- Laundry Facilities
- 24 Hour Access
- Gated
- Grill
- Roof Top Deck With Grill
- Air Conditioning
- Hardwood Floors
- High Ceilings
- Walk-In Closets
- Deck
| Monday | 12am - 12am |
|---|---|
| Tuesday | 12am - 12am |
| Wednesday | 12am - 12am |
| Thursday | 12am - 12am |
| Friday | 12am - 12am |
| Saturday | 12am - 12am |
| Sunday | 12am - 12am |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 3 min | 1.7 mi | |
| Drive: | 3 min | 1.7 mi | |
| Drive: | 5 min | 2.3 mi | |
| Drive: | 5 min | 2.3 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.
Bank Flats Photos
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Bank Flats
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While Bank Flats does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Utilities are not included in rent. Residents should plan to set up and pay for all services separately.
Parking is available at Bank Flats. Contact this property for details.
Bank Flats has one-bedroom apartments renting for $1,000/mo.
Bank Flats does not allow pets, though service animals are always welcome in accordance with applicable laws.
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 $1,000 for a one-bedroom, you would need to earn about $40,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Bank Flats is not currently offering any rent specials. Check back soon, as promotions change frequently.
While Bank Flats does not offer Matterport 3D tours, renters can request a tour directly through our online platform.
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
1517-1529 Madison Ave
Memphis, TN 38104
Property Manager Responded