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Highlights
Pet Friendly
Location
1523 Madison Ave #1523, Memphis, TN 38104, USA|Monroe Avenue Residents Coalition
Tour 1523 Madison Ave #1523
Contact
Wood Property Team
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
More space- Images Available
- Walk-in closet
Great for
Wellness
Social life
Pet owners
Amenities for 1523 Madison Ave #1523, Monroe Avenue Residents Coalition
Apartment Amenities
| Air Conditioning | Balcony |
| Deck | Hardwood Floor |
| Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| Storage |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Parking Policy
Assigned Parking
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 1523 Madison Ave #1523
Home
Apartments in MemphisMonroe Avenue Residents Coalition 1523 Madison Ave #1523, Memphis, TN 38104, USA
Apartments in MemphisMonroe Avenue Residents Coalition 1523 Madison Ave #1523, Memphis, TN 38104, USAUnique boutique style one bedroom apartment in the heart of midtown. This spacious 1050 sqt apartment has tons of storage, a walk in closet, two reach in closets, spacious kitchen, washer/ dryer, original hardwood flooring, and large windows for plenty of natural light. The apartment is unique and far from the cookie cutter feel of a new build but with all the same luxuries. Walk to restaurants, bars, or enjoy live music just down the street at Minglewood hall.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1523 Madison Ave #1523 compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 366 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
Address details
| Neighborhood | Monroe Avenue Residents Coalition |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
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Rent trends in Monroe Avenue Residents Coalition
1-bedroom apartments at 1523 Madison Ave #1523 cost about 45% more than the average rent price for 1-bedroom apartments in Memphis.
Median rents as of Jan 31 2026.
Monroe Avenue Residents Coalition
Memphis
| Month | Median Rent |
|---|---|
| February 2024 | $899 |
| March 2024 | $908 |
| April 2024 | $916 |
| May 2024 | $939 |
| June 2024 | $933 |
| July 2024 | $993 |
| August 2024 | $1,022 |
| September 2024 | $1,070 |
| October 2024 | $1,067 |
| November 2024 | $1,060 |
| December 2024 | $1,059 |
| January 2025 | $1,070 |
| February 2025 | $1,035 |
| March 2025 | $1,016 |
| April 2025 | $996 |
| May 2025 | $995 |
| June 2025 | $995 |
| July 2025 | $968 |
| August 2025 | $989 |
| September 2025 | $962 |
| October 2025 | $964 |
| November 2025 | $978 |
| December 2025 | $970 |
| January 2026 | $943 |
| Month | Median Rent |
|---|---|
| February 2024 | $885 |
| March 2024 | $885 |
| April 2024 | $885 |
| May 2024 | $885 |
| June 2024 | $842 |
| July 2024 | $885 |
| August 2024 | $834 |
| September 2024 | $783 |
| October 2024 | $747 |
| November 2024 | $750 |
| April 2025 | $815 |
| May 2025 | $794 |
| June 2025 | $930 |
| July 2025 | $940 |
| August 2025 | $778 |
| September 2025 | $779 |
| October 2025 | $798 |
| November 2025 | $789 |
| December 2025 | $808 |
| January 2026 | $826 |
Affordability calculator
Can I afford to live at 1523 Madison Ave #1523?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 3 years ago | $1,250 |
Schools near 1523 Madison Ave #1523
Bruce Elementary School
581 s bellevue blvd
memphis, TN, 38104
PK, K-5Public
C
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
Early Childhood Program Partnering Centers
330 jackson ave
memphis, TN, 38112
PK, KPublic
Avon School
310 avon rd
memphis, TN, 38117
K-12Public
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Internet available near 1523 Madison Ave #1523
Neighborhood
Monroe Avenue Residents Coalition | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 1523 Madison Ave #1523
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 1523 Madison Ave #1523, Memphis
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Several shops within a few minutes’ walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Large amount of park space nearby
Nightlife
5/10
Some bars within a few minutes’ walk
Explore the area around 1523 Madison Ave #1523
Gordon Food Service Store
1460 Union Ave
Cash Savers
1620 Madison Ave
V H Foods
40 N Cleveland St
Kroger
1759 Union Ave
Kroger
1366 Poplar Ave
Larkin Jeans
Decorluxe Boutique
1519 Union Ave
Family Dollar
142 N Avalon St
Rainbow
1629 Poplar Ave
Glitz
1335 Madison Ave
Dunkin'
1540 Union Ave
7 Brew Coffee
1625 Union Ave
Tropical Smoothie Cafe
1708 Union Ave
Starbucks
1761 Union Ave
Scooter's Coffee
1698 Poplar Ave
Cru Lounge
1532 Madison Ave
Murphy's
1589 Madison Ave
Drus Place
1474 Madison Ave
Canvas
1737 Madison Ave
Presidential Lounge
1320 Madison Ave
The Gingers Bread & Co
1613 Union Ave
Pyramid Midtown Country Pies
1294 Madison Ave
Kroger Bakery
1366 Poplar Ave
Kel's Cookie Corner
1325 Autumn Ave
Lucy J's Bakery
1350 Concourse Ave
Morris Park
Spanish War Memorial Park
Dlugach Park
Binghampton Park
Frank Tobey Park
Oasis Minglewood
1555 Madison Ave
Murphy's
1589 Madison Ave
Dunkin'
1540 Union Ave
Domino's
1560 Union Ave
Subway
1558 Union Ave
Madison Avenue / Willet Street
Madison
Madison Avenue / Willett Street
Madison
Madison Avenue / Avalon Street
Madison
Madison Avenue / McNeil Street
Madison
Madison Avenue / McNeil Street
Madison
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