Updated 2 Days Ago
Highlights
Pet Friendly
Location
Memphis, TN 38104, USA|Central Gardens
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Property Overview
Madison Place Apartments earns a strong overall rating with competitive pricing, appealing amenities, and a standout location that adds convenience and value. It is also notable for its verified quality and trustworthiness, plus nearby dining, mixed-use spaces, event hubs, and a neighborhood with diverse age groups that support an active social life.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “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
Great for
Social life
Floor plans
| 1BR 1B | 1 bed | 1 bath | $799 /mo | 3 units available | The best of midtown living! Call Raven 901-530-2055 today |
Let's explore this property.
Amenities for Madison Place Apartments
Building
| Cats OK | Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 16 |
|---|
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About Madison Place Apartments
The best of midtown living! Call Raven 901-530-2055 today
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.9
/10
Very GoodMadison Place Apartments is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Trustworthiness, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Madison Place Apartments is a great option for renters looking for apartments in Central Gardens. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Madison Place Apartments is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Madison Place Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Madison Place Apartments to provide reasonable accomodations and accurate details about its community.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Madison Place Apartments provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Madison Place Apartments is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Madison Place Apartments compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Central Gardens
1-bedroom apartments at Madison Place Apartments cost about 45% less than the average rent price for 1-bedroom apartments in Central Gardens.
Median rents as of Aug 29 2026.
Central Gardens
Memphis
| Month | Median Rent |
|---|---|
| September 2024 | $1,167 |
| October 2024 | $1,160 |
| November 2024 | $1,148 |
| December 2024 | $1,172 |
| January 2025 | $1,220 |
| February 2025 | $1,211 |
| March 2025 | $1,196 |
| April 2025 | $1,217 |
| May 2025 | $1,225 |
| June 2025 | $1,210 |
| July 2025 | $1,195 |
| August 2025 | $1,194 |
| September 2025 | $1,158 |
| October 2025 | $1,159 |
| November 2025 | $1,183 |
| December 2025 | $904 |
| January 2026 | $858 |
| February 2026 | $1,202 |
| March 2026 | $1,203 |
| April 2026 | $1,193 |
| May 2026 | $1,187 |
| June 2026 | $1,204 |
| July 2026 | $1,185 |
| August 2026 | $1,116 |
| Month | Median Rent |
|---|---|
| November 2024 | $1,460 |
| December 2024 | $1,384 |
| January 2025 | $1,436 |
| February 2025 | $1,392 |
| March 2025 | $1,215 |
| April 2025 | $1,438 |
| May 2025 | $1,378 |
| June 2025 | $1,321 |
| July 2025 | $1,429 |
| August 2025 | $1,340 |
| September 2025 | $1,335 |
| October 2025 | $1,346 |
| November 2025 | $1,396 |
| December 2025 | $1,398 |
| January 2026 | $1,409 |
| February 2026 | $1,455 |
| March 2026 | $1,367 |
| April 2026 | $1,296 |
| May 2026 | $1,254 |
| June 2026 | $1,260 |
| July 2026 | $1,239 |
| August 2026 | $1,240 |
Affordability calculator
Can I afford to live at Memphis?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$31,960/yr
With your selected rent-to-income ratio, you'd ideally want to make $31,960 annually to afford this 1-bedroom monthly rent price of $799.
For more information on rent affordability, visit our rent calculator.
Schools near Madison Place Apartments
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-
University of Memphis - University Campus School
535 zach curlin
memphis, TN, 38152
K-5Public
A-
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Internet available near Madison Place Apartments
Neighborhood
Central Gardens | Memphis, TN
Getting around TN 38104 near Memphis
Walking
7/10
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
4/10
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 Memphis, TN 38104
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
8/10
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
9/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around Memphis
Kroger
1759 Union Ave
Cash Savers
1620 Madison Ave
Gordon Food Service Store
1460 Union Ave
V H Foods
40 N Cleveland St
The Fresh Market
2145 Union Ave
A & J Leather Goods
Jones Wholesale
Larkin Jeans
Goodwill Industrial
1810 Union Ave
Decorluxe Boutique
1519 Union Ave
Starbucks
1761 Union Ave
Tropical Smoothie Cafe
1708 Union Ave
7 Brew Coffee
1625 Union Ave
Starbucks
1850 Union Ave
Dunkin'
1540 Union Ave
Cameo Cocktail Bar
1835 Union Ave
Canvas
1737 Madison Ave
Murphy's
1589 Madison Ave
Cru Lounge
1532 Madison Ave
Huey's Midtown
1927 Madison Ave
Murray's Cheese
1759 Union Ave
The Gingers Bread & Co
1613 Union Ave
Jacques Louise Gluten Free Bakery and Coffee Shop
2094 Trimble Pl
Pyramid Midtown Country Pies
1294 Madison Ave
Kroger Bakery
1366 Poplar Ave
Belvedere Park
Recreation Ground
Immaculate Conception School Playground
Playground
Williamson Park
KFC
1699 Union Ave
Murray's Cheese
1759 Union Ave
SNOWFOX
1759 Union Ave
Captain D's
1690 Union Ave
Tropical Smoothie Cafe
1708 Union Ave
Union Avenue / Lemer Street
Union
Union Avenue / Belvedere Boulevard
Union
Union Avenue / Rozelle Street
Union
Union Avenue / Auburndale Street
Union
Union Avenue / Avalon Street
Union
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