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The Bank Flats Apartments offers strong overall value with an expert rating of 8.3/10, highlighted by excellent price, amenities, and location scores (each 9/10) and a solid trustworthiness rating. Residents can expect everyday comfort with features like a modern kitchen, dishwasher, hardwood floors, central heat and air, and high ceilings. The property is especially convenient for pet owners and those who enjoy an active social life, with nearby pet services, outdoor spaces, mixed-use destinations, community gathering areas, and abundant dining options.
Things you’ll love
DishwasherLaundry available on siteOutdoor spaceGreat for
Pet owners
Social life| 1/1 | 1 bed | 1 bath | 750 sqft | $1,000 /mo |
Let's explore this property.
Apartment Amenities
| Ceiling Fan | Dryer |
| Hardwood Floor | Window Coverings |
Appliances
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
Building
| Cats OK | Dogs OK |
| Onsite Laundry | Roof Deck |
Services
| On-Site Maintenance |
Per-applicant.
One-time.
One-time. Refundable.
1 cat max.
One-time fee per pet.
One-time deposit per pet.
2 large dogs max.
One-time fee per pet.
One-time deposit per pet.
2 small dogs max.
One-time fee per pet.
One-time deposit per pet.
Questions about this property’s policies and fees?
| Units | 10 |
|---|
This stylish Midtown apartment blends urban charm with everyday comfort, featuring hardwood floors, high ceilings, and central heat and air for a bright, open feel. Enjoy a modern kitchen with a dishwasher, all within the convenience of a vibrant Midtown lifestyle.
How The Bank Flats Apartments compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Bank Flats Apartments cost about 25% more than the average rent price for 1-bedroom apartments in Monroe Avenue Residents Coalition.
| Month | Median Rent |
|---|---|
| May 2024 | $925 |
| 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 | $943 |
| February 2026 | $949 |
| March 2026 | $926 |
| April 2026 | $900 |
| May 2026 | $897 |
| Month | Median Rent |
|---|---|
| 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 | $826 |
| February 2026 | $889 |
| March 2026 | $799 |
| April 2026 | $796 |
| May 2026 | $798 |
Can I afford to live at 1529 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$40,000/yr
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University of Memphis • 274 S Highland St
1 Bed
$999
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,103–$3,381
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
New Pathways • 420 Monroe Ave
Studio–2 Beds
$1,259–$6,009
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,071–$3,565
University of Memphis • 274 S Highland St
1 Bed
$999
Binghampton-Lester • 2540 Broad Ave
Studio–2 Beds
$1,103–$3,381
Rhodes Hollywood Springdale Partnership • 2059 N Cabana Cir
1–2 Beds
$659–$920
New Pathways • 420 Monroe Ave
Studio–2 Beds
$1,259–$6,009
Central Gardens • 1835 Union Ave
Studio–2 Beds
$1,071–$3,565
