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The Bank Flats Apartments offers an impressive overall rating of 8.3 out of 10, reflecting a strong balance of price and value due to its competitive pricing and an excellent price rating of 10 out of 10. With notable features like gated parking, rooftop access, and on-site laundry, it provides a high standard of living complemented by a 9 out of 10 location rating, ensuring residents enjoy both convenience and a vibrant social life amid numerous dining and recreational options.
Great for
Social life| 1/1 | 1 bed | 1 bath | 750 sqft | $950 /mo |
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Building
| Cats OK | Dogs OK |
One-time.
One-time.
One-time. Refundable.
Monthly. 1 cat max.
One-time fee per pet.
One-time deposit per pet.
2 large dogs max. Monthly pet rent.
One-time fee per pet.
One-time deposit per pet.
2 small dogs max. Monthly pet rent.
One-time fee per pet.
One-time deposit per pet.
Questions about this property’s policies and fees?
| Units | 10 |
|---|
This stylish Midtown building offers the perfect blend of urban living and everyday comfort, with central air and heat, hardwood floors, and high ceilings that create an open, spacious feel. Residents enjoy a rooftop deck with shade and a grill for entertaining, along with walk-in closets, generous storage, and convenient on-site laundry facilities. The property also offers gated parking for added peace of mind. Located in a highly walkable area just steps from Minglewood Hall, you’ll be surrounded by great dining, shopping, entertainment, and transit options — truly at the heart of the Midtown lifestyle.
How The Bank Flats Apartments compares to other nearby properties.
Considerations
1-bedroom apartments at The Bank Flats Apartments cost about 10% more than the average rent price for 1-bedroom apartments in Monroe Avenue Residents Coalition.
| Month | Median Rent |
|---|---|
| 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 | $970 |
| January 2026 | $936 |
| Month | Median Rent |
|---|---|
| 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 | $808 |
| January 2026 | $811 |
Can I afford to live at 1529 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$38,000/yr
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memphis, TN, 38104
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Monroe Avenue Residents Coalition | Memphis, TN
University of Memphis • 274 S Highland St
1–2 Beds
$999–$1,050
Binghampton-Lester • 2540 Broad Ave
Studio–1 Bed
$1,116–$2,039
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Central Gardens • 1835 Union Ave
Studio–1 Bed
N/A
University of Memphis • 274 S Highland St
1–2 Beds
$999–$1,050
Binghampton-Lester • 2540 Broad Ave
Studio–1 Bed
$1,116–$2,039
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
Central Gardens • 1835 Union Ave
Studio–1 Bed
N/A
