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Highlights

  • Pet Friendly

Location

1515 Madison Ave Apt 2, Memphis, TN 38104, USA|Monroe Avenue Residents Coalition

Tour 1515 Madison Ave Apt 2

Contact

April Stokes

Mid-South Home Rentals

(901) 430-4117

Amenities for 1515 Madison Ave Apt 2, Monroe Avenue Residents Coalition

Building

Business CenterCats OK
Dogs OK

Services

Package Service
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

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Lease terms12+ months
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About 1515 Madison Ave Apt 2

HomeApartments in MemphisMonroe Avenue Residents Coalition 1515 Madison Ave Apt 2, Memphis, TN 38104, USA
sweet deal icon
Sweet deal!
This listing is 27% below the median price for 2 bedroom apartments in Monroe Avenue Residents Coalition.

***COMING SOON*** *** SECTION 8 WELCOME*** ***PLEASE CALL (901) 430-4117 TO SCHEDULE A VIEWING*** Adorable 2 bedroom, 1 bathroom apartment located in Midtown. This charming 2-bedroom, one-bathroom duplex in the heart of Midtown offers both comfort and convenience. With a variety of local and fast-food restaurants just a short walk or drive away, you'll never be far from a great meal. Need a break from the hustle and bustle? Overton Park is nearby, offering a peaceful retreat, or you can visit the Memphis Brooks Museum of Art or the Memphis Zoo for a fun day out. Sports fans will love being just a 10-minute drive from the Liberty Bowl Stadium—never miss a Tigers game again! Plus, popular destinations like the Cooper-Young district, the Memphis Museum of Science & History, and The Children’s Museum are all just a short distance away. With easy access to the interstate, your commute or weekend adventures are a breeze. This apartment puts you in the perfect spot to explore all that Midtown Memphis has to offer! At Mid-South Home Rentals, we strive to provide a cost-effective and convenient living experience. That’s why we offer a Resident Benefits Package (RBP) designed to eliminate common headaches and provide essential services for our residents. The Total Monthly Price of $835.95 includes base rent plus the Resident Benefits Package at $35.95 per month. The RBP includes renters insurance, air filter delivery, utility setup assistance, credit-building services, and more. Enrollment in the Resident Benefits Package is required with the rental. Additional details will be provided upon application. This property is professionally managed by Mid-South Home Rentals. We offer a 24-hour maintenance line, including night, weekend, and holiday emergency service for major plumbing and HVAC issues. Qualifications: We are seeking applicants with a credit score of 525 or higher, with an emphasis on positive recent rental history and good standing with MLGW. Please allow 3 to 5 business days for application processing. To schedule a showing, please contact April at (901) 430-4117.


Lease Terms
Regular Lease Terms

Address details

NeighborhoodMonroe Avenue Residents Coalition
Zip code38104
TypeApartment for rent

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Rent trends in Monroe Avenue Residents Coalition

2-bedroom apartments at 1515 Madison Ave Apt 2 cost about 27% less than the average rent price for 2-bedroom apartments in Monroe Avenue Residents Coalition.

Median rents as of Jul 25 2026.
Monroe Avenue Residents Coalition
Memphis
A table of 2-bedroom apartment rental data trends in Memphis
MonthMedian Rent
August 2024$1,110
September 2024$1,164
October 2024$1,125
November 2024$1,150
December 2024$1,146
January 2025$1,151
February 2025$1,111
March 2025$1,107
April 2025$1,106
May 2025$1,104
June 2025$1,095
July 2025$1,091
August 2025$1,096
September 2025$1,096
October 2025$1,073
November 2025$1,050
December 2025$1,026
January 2026$1,012
February 2026$1,014
March 2026$999
April 2026$991
May 2026$977
June 2026$984
July 2026$962
A table of 2-bedroom apartment rental data trends in Monroe Avenue Residents Coalition
MonthMedian Rent
October 2025$1,663
November 2025$1,221

Affordability calculator

Can I afford to live at 1515 Madison Ave Apt 2?

Bedrooms

2 bedrooms

Rent-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

$32,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,000 annually to afford this 2-bedrooms monthly rent price of $800.
For more information on rent affordability, visit our rent calculator.

Schools near 1515 Madison Ave Apt 2

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

Ida B. Wells Academy

995 s lauderdale st

memphis, TN, 38126

K-8Public
C-

Hamilton School

1478 wilson st

memphis, TN, 38106

PK, K-8Public
C-

Alcy Elementary

1750 e alcy rd

memphis, TN, 38114

PK, K-5Public
C-
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Neighborhood

Monroe Avenue Residents Coalition | Memphis, TN

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Memphis near 1515 Madison Ave Apt 2

Walking

8/10
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

6/10
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 1515 Madison Ave Apt 2, Memphis

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

6/10
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

7/10
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

8/10
Wide variety of bars within a few minutes' walk

Explore the area around 1515 Madison Ave Apt 2

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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