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Property management
| Monthly rent | $1,240–$1,250 |
|---|---|
| Beds | 1 |
| Baths | 1 |
| Sqft | 928–1,150 |
1 Bed 1 bath unit
| Units | 7 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 38103 |
245 Madison Ave in Memphis offers an open-concept layout with a fully equipped kitchen, in-unit washer and dryer, walk-in closet, wide windows, and professional management. Nearby schools are close, the photo count helps give a clear preview, and value for money ranks in the 80th percentile locally. It also supports work-from-home, outdoor, pet-friendly, social, and wellness-oriented routines with walkability, transit access, parks, dining, and nearby pet and grocery options.
Things you’ll love
Great for
New Listing
1 Bed
1 Bath
$1,240
In-Unit Laundry • Central Heat • Ceiling Fan • On-Site Laundry • Walk-In Closets
Available
1 Bed
1 Bath
$1,250
In-Unit Laundry
Some units at this address have these amenities. View unit details for more information.
One-time.
One-time. Refundable.
Garage Parking
Assigned Parking
No pets allowed.
Questions about this property’s policies and fees?
Discover the perfect blend of comfort and style at 245 Madison Ave in Memphis, TN 38103, nestled in the vibrant New Pathways neighborhood. This intimate community consists of 7 units, offering a spacious 1-bedroom floorplan with sizes ranging from 928 to 1150 square feet. Residents enjoy top-notch amenities, including a walk-in closet, fully equipped kitchen, in-unit washer and dryer, and an open-concept layout. Additional perks include central heat, on-site laundry, package delivery, and nearby parking garage. As a pet-friendly community, you can bring your furry friend along! With its urban style and exposed ceiling, this property is a must-see. Plus, its proximity to top-rated schools, including a highly-rated elementary school, makes it an excellent choice for those seeking a convenient and desirable location.
| Units | 7 |
|---|---|
| Units available | 2 |
| Neighborhood | |
| City | |
| Zip code | 38103 |
How 245 Madison Ave, Memphis, TN 38103, USA compares to other nearby properties.
Positives
Considerations
1-bedroom apartments here are priced 15% lower than 1-bedrooms in New Pathways.
| Month | Median Rent |
|---|---|
| June 2024 | $775 |
| July 2024 | $885 |
| August 2024 | $1,110 |
| September 2024 | $1,155 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,203 |
| April 2026 | $1,193 |
| May 2026 | $1,187 |
| June 2026 | $1,204 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,186 |
| July 2024 | $1,180 |
| August 2024 | $1,206 |
| September 2024 | $1,140 |
| December 2024 | $1,041 |
| January 2025 | $1,019 |
| February 2025 | $1,019 |
| March 2025 | $1,075 |
| April 2025 | $1,199 |
| May 2025 | $1,227 |
| June 2025 | $1,203 |
| July 2025 | $1,195 |
| August 2025 | $1,133 |
| September 2025 | $1,104 |
| October 2025 | $1,111 |
| November 2025 | $1,164 |
| December 2025 | $1,135 |
| January 2026 | $1,176 |
| February 2026 | $1,226 |
| March 2026 | $1,199 |
| April 2026 | $1,153 |
| May 2026 | $1,133 |
| June 2026 | $1,171 |
Can I afford to live at 245 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$49,800/yr
| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,250 | 1 bed | 1 bath | ||
| 1 year ago | $1,335 | 1 bed | 1 bath | ||
| 3 years ago | $1,375 | 1 bed | 1 bath | ||
| 5 years ago | $995 | 1 bed | 1 bath | ||
| 8 years ago | $875 | 1 bed | 1 bath | ||
| 8 years ago | $1,150 | 1 bed | 1 bath | ||
| 8 years ago | $1,250 | 1 bed | 1 bath | ||
| 8 years ago | $620 | 1 bed | 1 bath | ||
| 9 years ago | $1,095 | 1 bed | 1 bath |
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