The Bank Flats Apartments
1517-1529 Madison Ave,
Memphis,
TN
38104
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Monthly Rent
$1,100 - $1,150
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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 apartment blends urban charm with everyday comfort, featuring hardwood floors, high ceilings, and central heat and air for a bright, open feel. Enjoy a modern kitchen with a dishwasher, all within the convenience of a vibrant Midtown lifestyle.
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.
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One-Time Basics
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Due at Application
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Application Fee Per ApplicantCharged per applicant.$0
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Application Fee Per ApplicantCharged per applicant.$50
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Due at Move-In
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Administrative FeeCharged per unit.$25
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Administration FeeCharged per unit.$250
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Security Deposit - RefundableCharged per unit.$500
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Due at Application
Pet policies are negotiable.
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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
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Monthly Pet FeeCharged per pet.$30 / mo
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Security Deposit - Non-RefundableCharged per unit.$0
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Late FeeCharged 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
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12 mo
Property Information
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Built in 1902
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19 units/2 stories
About The Bank Flats Apartments
This stylish Midtown apartment blends urban charm with everyday comfort, featuring hardwood floors, high ceilings, and central heat and air for a bright, open feel. Enjoy a modern kitchen with a dishwasher, all within the convenience of a vibrant Midtown lifestyle.
The 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.
Contact
Community Amenities
- Laundry Facilities
- Maintenance on site
- Sundeck
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 | $1,082 | $960 |
| 1 Bedroom | $1,160 | $1,040 |
| 2 Bedrooms | $1,478 | $1,075 |
| 3 Bedrooms | $2,087 | $1,291 |
- Laundry Facilities
- Maintenance on site
- Sundeck
| 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.
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
Traffic
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HowLoud What is a Sound Score Rating? A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources. How It WorksThe Bank Flats Apartments Photos
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The Bank Flats Apartments
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Nearby Apartments
Within 50 Miles of The Bank Flats Apartments
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While The Bank Flats Apartments 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.
Contact this property for parking details.
The Bank Flats Apartments has one-bedroom apartments renting for $1,100/mo.
Yes, The Bank Flats Apartments 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 $1,100 for a one-bedroom, you would need to earn about $44,000 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
The Bank Flats Apartments is not currently offering any rent specials. Check back soon, as promotions change frequently.
While The Bank Flats Apartments 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