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Highlights

  • Pet Friendly

Location

1517 Madison Ave, Memphis, TN 38104, USA|Monroe Avenue Residents Coalition
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Property Overview

1517 Madison Avenue presents a compelling opportunity for renters, receiving an overall Zumper expert rating of 8.4/10, highlighting its strong value. The property showcases an impressive 10/10 for amenities, alongside a location rating of 9/10, ensuring ease of access to key attractions and services. With a competitive pricing rating of 9/10 and a trustworthiness rating of 7/10, it promotes transparency and offers a favorable environment, while also being noted for its pet-friendly features.

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
  • Laundry available on site
  • Walk-in closet

Great for

  • Pet owners

Floor plans

1/11 bed1 bath950 sqft

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University of Memphis • 274 South Highland Street

1 Bed

$999–$1,050

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Our team has verified this company

Binghampton-Lester • 2540 Broad Avenue

1 Bed

$991–$2,335

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1 Bed

$1,177–$3,345

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1 Bed

$1,241–$3,228

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Rent trends in Monroe Avenue Residents Coalition

Median rents as of Dec 6 2025.
Monroe Avenue Residents Coalition
Memphis
A table of 1-bedroom apartment rental data trends in Memphis
MonthMedian Rent
December 2023$895
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
December 2025$995
A table of 1-bedroom apartment rental data trends in Monroe Avenue Residents Coalition
MonthMedian Rent
December 2023$885
January 2024$885
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$799

Schools near 1517 Madison Avenue

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 1517 Madison Avenue

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 1517 Madison Ave

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 1517 Madison Ave, 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 1517 Madison Ave

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

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