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Updated 5+ Days Ago

Highlights

  • Pet Friendly
  • Rooftop deck
  • Central heat & air
  • Gated secure parking
  • Large closets and ample storage
  • Free on-site laundry
  • High ceilings

Location

1529 Madison Ave, Memphis, TN 38104, USA|Monroe Avenue Residents Coalition
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Property Overview

Bank Flats Apartments offers strong overall value, with an 8.2 Zumper expert rating, excellent amenities, and a highly convenient location. It stands out for rooftop deck access, gated secure parking, free on-site laundry, high ceilings, and large closets, while its value for money ranks in the 86.11 percentile. It’s also marked great for pet friendliness and social life, with nearby pet services, outdoor spaces, and plenty of dining and mixed-use options.

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

  • Less expensive
  • Laundry available on site
  • Outdoor space

Great for

  • Pet owners
  • Social life

Floor plans

1/11 bed1 bath700 sqft

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1 Bed

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1 Bed

$1,445–$1,865

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Our team has verified this company

Central Gardens • 1835 Union Ave

1 Bed

$1,312–$2,842

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1 Bed

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Rent trends in Monroe Avenue Residents Coalition

Median rents as of Sep 12 2026.
Monroe Avenue Residents Coalition
Memphis
A table of 1-bedroom apartment rental data trends in Memphis
MonthMedian Rent
September 2024$1,090
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
September 2026$908
A table of 1-bedroom apartment rental data trends in Monroe Avenue Residents Coalition
MonthMedian Rent
September 2024$750
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
September 2026$742

Schools near Bank Flats Apartments

Bruce Elementary School

581 s bellevue blvd

memphis, TN, 38104

PK, K-5Public
C

Exceptional Children Special Placements

160 s hollywood

memphis, TN, 38112

PK, K-12Public

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-
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Internet available near Bank Flats Apartments

Getting around Memphis near 1529 Madison Ave

Walking

8/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
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 1529 Madison Ave, Memphis

Groceries

9/10
Wide variety of groceries within a few minutes' walk

Shopping

8/10
Wide variety of shops within a short drive, including some within walking distance

Cafes

7/10
Wide variety of cafés within a short drive, including some within walking distance

Restaurants

8/10
Wide variety of restaurants within a few minutes’ walk

Primary schools

8/10
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

9/10
Wide variety of bars within a few minutes' walk

Explore the area around 1529 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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