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Pet Friendly
Midtown Investment Team
Large windows, original hardwood flooring, a spacious kitchen, and a walk-in closet create an appealing interior, with 13 listing photos offering a clear sense of the space. Strong value per square foot compared to nearby homes adds investment appeal. Outdoor areas, ample natural light, nearby pet services and grocery stores, plus extensive dining, mixed-use spaces, and local event hubs support convenience, wellness, and an active social life.
Things you’ll love
More spaceDishwasherImages AvailableGreat for
Wellness
Pet owners
Social lifeApartment 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 |
One-time.
One-time. Refundable.
Assigned Parking
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
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.
How 1523 Madison Ave, Memphis, TN 38104, USA compares to other nearby properties.
Positives
Considerations
| Neighborhood | Monroe Avenue Residents Coalition |
|---|---|
| Zip code | 38104 |
| Type | Apartment for rent |
1-bedroom apartments at 1523 Madison Ave #1523 cost about 51% more than the average rent price for 1-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| June 2024 | $956 |
| 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 |
| February 2026 | $949 |
| March 2026 | $926 |
| April 2026 | $900 |
| May 2026 | $898 |
| Month | Median Rent |
|---|---|
| June 2024 | $843 |
| 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 |
| February 2026 | $889 |
| March 2026 | $799 |
| April 2026 | $796 |
| May 2026 | $817 |
Can I afford to live at 1523 Madison Ave #1523?
Bedrooms
1 bedroomRent-to-income ratio
30%
$51,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 3 months ago | $1,250 | 1 bed | 1 bath | ||
| 4 months ago | $1,150 | 1 bed | 1 bath | ||
| 3 years ago | $1,250 | 1 bed | 1 bath |
581 s bellevue blvd
memphis, TN, 38104
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memphis, TN, 38112
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memphis, TN, 38126
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memphis, TN, 38106
1750 e alcy rd
memphis, TN, 38114
Occupied
1 Bed
1 Bath
$1,150
Hardwood Floor • Central Heat • Ceiling Fan • In-Unit Laundry • Walk-In Closets • Air Conditioning
University of Memphis • 274 S Highland St
1 Bed
$999–$1,050
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,077–$3,734
One Dr. Martin Luther King Jr. Ave
Studio–2 Beds
$1,126–$6,887
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,199–$3,506
New Pathways • 420 Monroe Ave
Studio–2 Beds
$1,324–$6,211
University of Memphis • 274 S Highland St
1 Bed
$999–$1,050
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,077–$3,734
One Dr. Martin Luther King Jr. Ave
Studio–2 Beds
$1,126–$6,887
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,199–$3,506
New Pathways • 420 Monroe Ave
Studio–2 Beds
$1,324–$6,211
211 listings
889 listings
