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Madison Row stands out for strong overall value, with an 8.3 Zumper Expert Rating and especially high marks for price, amenities, and location. It features air conditioning, central heat, beautiful bay windows, original hardwood floors, and high ceilings, while also offering convenient access to restaurants, cultural spots, mixed-use spaces, and pet services.
Things you’ll love
More spaceWalk-in closetGreat for
Pet owners
Social life| 1/1 | 1 bed | 1 bath | 950 sqft | $1,275 /mo |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Ceiling Fan |
| Central Heat | Hardwood Floor |
| Heating | Island Kitchen |
| Walk-in Closet | Window Coverings |
Appliances
| Refrigerator |
Tech
| Climate Control |
Building
| Cats OK |
Services
| On-Site Maintenance |
Per-applicant.
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Units | 6 |
|---|
Enjoy classic Midtown charm with modern comfort in this inviting apartment home. Featuring central heat and air conditioning, beautiful original hardwood floors, high ceilings, and stunning bay windows that fill the space with natural light, this apartment offers the perfect blend of character and convenience. Located in one of Midtown's most walkable neighborhoods, you'll be just steps from MingleWood Hall and close to some of Memphis' best restaurants, shops, entertainment, and local attractions. Rental Details Base Rent: $1,250/month Water Fee: $50/month Security Deposit: $500 Administrative Fee: $250 Pet Policy – Cats Only Cats are welcome with a $150 non-refundable pet fee due before move-in and $25/month pet rent. (Two per apartment)
How Madison Row compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Madison Row cost about 70% more than the average rent price for 1-bedroom apartments in Monroe Avenue Residents Coalition.
| Month | Median Rent |
|---|---|
| September 2024 | $1,076 |
| 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 |
| June 2026 | $896 |
| July 2026 | $887 |
| August 2026 | $893 |
| Month | Median Rent |
|---|---|
| September 2024 | $780 |
| 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 |
| June 2026 | $768 |
| July 2026 | $747 |
| August 2026 | $759 |
Can I afford to live at 1517 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$51,000/yr
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Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,097–$3,314
One Dr. Martin Luther King Jr. Ave
Studio–2 Beds
$1,367–$7,848
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,321–$4,026
125 Gayoso Ave
Studio–2 Beds
$1,105–$1,745
