5+ Days Ago
Highlights
- Hardwood floors
- Walk-in closet
- Gas fireplace
- Gated community
- Pools
- Fenced patio
Location
589 Madewood Drive, Memphis, Tennessee 38103, United States|South Bluffs
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Property Overview
Located in a gated community, the property features hardwood floors, a gas fireplace, and a fenced patio, enhancing both comfort and style. Its proximity to 113 restaurants, various public spaces, and multiple farmers markets promotes an active social and wellness lifestyle. Additionally, accessibility to public transport and grocery stores ensures convenience, making it a well-rounded choice for renters seeking a vibrant living environment.
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
Fireplace- Images Available
- Walk-in closet
Great for
Social life
Wellness
Amenities for 589 Madewood Drive, South Bluffs
Apartment Amenities
| Balcony | Fireplace |
| Furnished | Hardwood Floor |
| High Ceilings | Walk-in Closet |
Building
| Fitness Center |
Grounds
| Assigned Parking | Swimming Pool |
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
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 589 Madewood Drive
Property Status: Active For Lease: available for a 6 month, $2300 a month. Furnished for $2500 a month. *no pets, credit check, deposit. 2-bed, 2.5bath South Bluffs home in a gated Memphis community. This residence is low-maintenance with a newer roof, HVAC, water heater, and SS appliances. Features hardwood floors, gas fireplace, high ceilings, updated eat-in kitchen and 2.5 modern bathrooms. Both bedrooms are en suites w/ updated full bathrooms; the primary suite includes a walk-in closet w/ organizers. Fresh interior/exterior paint, covered porch, screened balcony and fenced patio perfect for entertaining. Includes two private parking spaces. Steps from Tom Lee Park, River Walk, Memphis and South Main’s dining/arts. Gated neighborhood with quiet streets, private park and optional amenities: pools, tennis/pickle courts, 24-hour gym (separate fee). Downtown Living, close to restaurants, shopping, festivals, farmers market, bike and walking trails, NBA and Concerts at the FedEx forum. Office Phone: (901) 261-7900 Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 589 Madewood Drive compares to other nearby properties.
Positives
- Fireplace
- Upgraded in-unit features
- Images Available
- There are at least 10 photos of this address
- Walk-in closet
- More closet space on average
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 2 miles away
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
Address details
| Neighborhood | South Bluffs |
|---|---|
| Zip code | 38103 |
| Type | House for rent |
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Rent trends in South Bluffs
Median rents as of Nov 29 2025.
South Bluffs
Memphis
| Month | Median Rent |
|---|---|
| December 2023 | $893 |
| January 2024 | $899 |
| 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 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,465 |
| November 2024 | $1,512 |
| December 2024 | $1,387 |
| January 2025 | $1,399 |
| June 2025 | $1,625 |
| July 2025 | $1,485 |
| August 2025 | $1,450 |
| November 2025 | $1,450 |
Affordability calculator
Can I afford to live at 589 Madewood Drive?
Bedrooms
2 bedroomsRent-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
$92,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $92,000 annually to afford this 2-bedrooms monthly rent price of $2,300.
For more information on rent affordability, visit our rent calculator.
Schools near 589 Madewood Drive
Ida B. Wells Academy
995 s lauderdale st
memphis, TN, 38126
K-8Public
C-
Downtown Elementary School
10 n 4th st
memphis, TN, 38103
PK, K-5Public
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 589 Madewood Drive
Neighborhood
South Bluffs | Memphis, TN
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Memphis near 589 Madewood Drive
Walking
6/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 589 Madewood Drive, Memphis
Groceries
7/10
At least one grocery store within a 15-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
5/10
Some restaurants within walking distance
Primary schools
1/10
No elementary schools within a 30-minute walk
High schools
1/10
No high schools within a 30-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Few or no bars within walking distance
Explore the area around 589 Madewood Drive
Florida St LLC
837 Florida St
South Point Grocery
136 Webster Ave
Memphis Cash & Carry
161 E Carolina Ave
Lusters Sundry
470 E Georgia Ave
City Market Memphis
99 S 2nd St
Hieroglyph
516 Tennessee St
The Barefoot Bride
516 Tennessee St
Silk N Honey Boutique
6 W Ge Patterson Ave
Treasure Chest Boutique
139 E Eh Crump Blvd
Family Dollar
180 E Eh Crump Blvd
Bluff City Coffee
505 S Main St
Vice & Virtue Coffee
477 S Main St
Dr. Bean's Coffee and Tea
387 S Main St
Starbucks
201 S B B King Blvd
Starbucks
110 Monroe Ave
Malco Theatres Powerhouse Cinema Grill & MXT
540 S Front St
Blue Monkey
513 S Front St
Eight & Sand
545 S Main St
Earnestine & Hazel's Bar-Grill
531 S Main St
Momma's
855 Kentucky St
Hustle & Dough
477 S Main St
Deelightful Bliss Bakery
409 S Main St
Butteriffic Bakery & Cafe
488 S 2nd St
Going Nuts Bakery
91 S Front St
Plexus Slim-Danielle Turner
Desoto Park
Gaston Park
Morris Park
Malone Park
Kansas Park
Loflin Yard
7 W Carolina Ave
B & B Restaurants of GA Inc
516 Tennessee St
Malco Theatres Powerhouse Cinema Grill & MXT
540 S Front St
Fannie Lous Gourmet Chicken
500 Tennessee St
Blue Monkey
513 S Front St
Florida Street / W East Carolina Avenue
Mallory
Florida Street / Georgia Avenue
Mallory
Front Street / Farmers Market
Mallory
Front Street / G E Patterson Avenue
Mallory
Central Station
Mallory
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