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245 Madison Ave245 Madison Ave, Memphis, TN 38103, USA
| Monthly rent | - |
|---|---|
| Beds | 1 |
| Baths | 1 |
| Sqft | 784–1,150 |
1 Bed 1 bath unit
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Address details
| Units | 7 |
|---|---|
| Units available | 0 |
| Neighborhood | |
| City | |
| Zip code | 38103 |
Property Overview
Conveniently located near highly rated elementary, middle, and high schools, this home also offers strong value metrics compared with nearby properties. Inside, wide windows, an open-concept layout, a fully equipped kitchen, in-unit washer and dryer, a walk-in closet, and professional management add to its appeal, while 15 photos provide a useful preview.
Things you’ll love
Elementary school nearby- High school nearby
- Middle school nearby
Great for
Pet owners
Social life
Highlights
- walk-in closet
- professionally managed
- wide windows
- fully equipped kitchen
- in-unit washer and dryer
- open-concept layout
Units
Occupied Units
Occupied
602
1 Bed
1 Bath
$620
Assigned Parking • Dishwasher • Air Conditioning • In-Unit Laundry • Furnished
Occupied
703
1 Bed
1 Bath
$875
Dishwasher • Walk-In Closets • Air Conditioning • On-Site Laundry • In-Unit Laundry
Occupied
705
1 Bed
1 Bath
$995
Central Heat • Walk-In Closets • In-Unit Laundry • Dishwasher
Occupied
502
1 Bed
1 Bath
$1,075
In-Unit Laundry • Assigned Parking
Occupied
503
1 Bed
1 Bath
$1,150
Assigned Parking • Dishwasher • Walk-In Closets • Air Conditioning • On-Site Laundry • In-Unit Laundry
Occupied
604
1 Bed
1 Bath
$1,225
Dishwasher • Walk-In Closets • Air Conditioning • On-Site Laundry • In-Unit Laundry
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$1,225
In-Unit Laundry
Amenities for 245 Madison Ave
Some units at this address have these amenities. View unit details for more information.
- Dogs Ok
- Cats Ok
- Garage Parking
- On-Site Laundry
- On-Site Management
- Central Heat
- Walk-In Closets
- In-Unit Laundry
- Dishwasher
- Assigned Parking
- Air Conditioning
- Furnished
- On-Site Laundry
Policies at 245 Madison Ave
Applicants
Applicants
One-time.
REQUIRED FEES
Security Deposit
One-time. Refundable.
Parking Policy
Garage Parking
Assigned Parking
Dog Policy
Cat Policy
No pets allowed.
About 245 Madison Ave
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.
Address details
| Units | 7 |
|---|---|
| Units available | 0 |
| Neighborhood | |
| City | |
| Zip code | 38103 |
245 Madison Ave #705 is great for:
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 245 Madison Ave, Memphis, TN 38103, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- High school nearby
- There is a high school 0.8 miles away
- Middle school nearby
- There is a middle school 0.2 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- More space
- The 1-bedroom is 226 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this property
- Package service
- More secure storage for delivery
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Rent trends in Memphis
1-bedroom apartments here are priced 13% lower than 1-bedrooms in New Pathways.
| Month | Median Rent |
|---|---|
| November 2024 | $1,182 |
| 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 |
| July 2026 | $1,185 |
| August 2026 | $1,116 |
| September 2026 | $1,106 |
| October 2026 | $1,102 |
| Month | Median Rent |
|---|---|
| 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 | $1,183 |
| July 2026 | $1,144 |
| August 2026 | $904 |
| September 2026 | $891 |
| October 2026 | $892 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 Bed, 1 Bath | 3 months ago | $1,250 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 4 months ago | $1,240 | 1 bed | 1 bath | |
| 1 Bed, 1 Bath | 1 year ago | $1,250 | 1 bed | 1 bath | |
| 1 year ago | $1,335 | 1 bed | 1 bath | ||
| 6 years ago | $995 | 1 bed | 1 bath | ||
| 8 years ago | $1,075 | 1 bed | 1 bath | ||
| 8 years ago | $875 | 1 bed | 1 bath | ||
| 8 years ago | $1,150 | 1 bed | 1 bath | ||
| 1 Bed, 1 Bath | 9 years ago | $1,250 | 1 bed | 1 bath |
Schools near 245 Madison Ave #705
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
Hamilton School
1478 wilson st
memphis, TN, 38106
Exceptional Children Special Placements
160 s hollywood
memphis, TN, 38112
Alcy Elementary
1750 e alcy rd
memphis, TN, 38114
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