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240 Flats Apartments

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(901) 350-4582
Check Availability
5811 Poplar Ave, Memphis, TN 38119
Building Photo
Building Photo
59 Photos6 Floorplans2 3D Tours
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
Building Photo
59 Photos6 Floorplans2 3D Tours

Contact

240 Flats

5811 Poplar Ave
Memphis, TN 38119
(901) 350-4582
240 Flats in Memphis, TN - Building Photo
  • Studio–2 Bedrooms
  • $999-$1,599 Pricing
  • 354–800 Square Feet

Rent Specials

Move In & Save! 1 Month FREE (prorated over lease term) + FREE 1-Year LA Fitness Membership!

Ask Us About Our Specials

About 240 Flats

At 240 Flats, we offer a wealth of community amenities to pair with your life style. From a sparkling, resort-style swimming pool to a fully equipped fitness center and yoga room, availiable any time of day, you'll love living at 240 Flats! For your convenience, we have a knowledgeable and friendly on-site management staff and a capable maintenance team who work in tandem to help you with your needs. Put your mind at ease and come home to our gated community with controlled access.

240 Flats is located in the Germantown Neighborhood and 38119 Zip code of Memphis, TN. This community is professionally managed by Multi-South Management Services

Property Contact Info

View Property Website
Call Us:
(901) 350-4582

Office Hours

Monday9:00 am–5:00 pm
Tuesday9:00 am–5:00 pm
Wednesday9:00 am–5:00 pm
Thursday9:00 am–5:00 pm
Friday9:00 am–5:00 pm
Saturday10:00 am–4:00 pm
SundayClosed

Floorplan Pricing and Availability

240 Flats offers Studio to 2 Bedroom apartments starting from $999 and having 354–800 sq ft. Here is the current pricing and availability:

Cost CalculatorEstimate your monthly and one-time fees

  • Studio

    Studio 1 Bathroom

    $999

    Studio, 1 Bath, 354 sq ft
    Available Aug 31

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $999 August 31, 20261186-206354$500
    $999 September 24, 20261186-105354$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $999

    Deposit

    • $500 deposit

    Unit 1186-206 Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

    Unit 1186-105 Rent and Fees

    Unit Price

    • $999
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $999

  • 1 Bedroom

    1 Bedroom 1 Bathroom

    $1,249

    1 Bed, 1 Bath, 550 sq ft
    Available Now

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,249Available Now5851-206550$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 5851-206 Rent and Fees

    Unit Price

    • $1,249
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,249

    1 Bedroom 1 Bathroom

    $1,199

    1 Bed, 1 Bath, 548 sq ft
    Available Soon

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,199Available Soon5861-104548$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Unit 5861-104 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    1 Bedroom 1 Bathroom

    $1,199

    1 Bed, 1 Bath, 545 sq ft
    Available Aug 3

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,199 August 3, 20261146-101545$500
    $1,199 August 16, 20261186-104545$500
    $1,199 August 25, 20261186-213545$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,199

    Deposit

    • $500 deposit

    Unit 1146-101 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    Unit 1186-104 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    Unit 1186-213 Rent and Fees

    Unit Price

    • $1,199
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,199

    1 Bedroom 1 Bathroom

    From $1,099

    1 Bed, 1 Bath, 417 sq ft
    Available Dec 1
    Cheapest 1 BedroomThis is the cheapest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,099 December 1, 20265840-101417$500
    $1,099 December 1, 20265840-102417$500
    $1,099 December 1, 20265840-103417$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Current Available Pricing

    • $1,099

    Deposit

    • $500 deposit

    Unit 5840-101 Rent and Fees

    Unit Price

    • $1,099
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Unit 5840-102 Rent and Fees

    Unit Price

    • $1,099
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    Unit 5840-103 Rent and Fees

    Unit Price

    • $1,099
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Model Price Range

    • $1,099 - $1,499

    The 240 Furnished 1 Bedroom 1 Bathroom

    1 Bed, 1 Bath, 417 sq ft
     

    Model Gallery

    Photos

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,449Call for AvailabilityThe 240 Furnished 1 Bedroom 1 Bathroom417 sq ft$1,449

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,449

    Deposit

    • $1,449 deposit

    Ridgeway Furnished - 1 Bedroom 1 Bathroom

    1 Bed, 1 Bath, 545 sq ft
     

    Model Gallery

    Photos

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,599Call for AvailabilityRidgeway Furnished - 1 Bedroom 1 Bathroom545 sq ft$1,599

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,599

    Deposit

    • $1,599 deposit

    1 Bedroom 1 Bathroom

    1 Bed, 1 Bath, 570 sq ft
     
    Largest 1 BedroomThis is the largest 1 Bedroom at this Property

    Model Gallery

    Floorplans

    Availability Details

    PriceAvailability DateUnitSq FtDeposit
    $1,299Call for Availability1 Bedroom 1 Bathroom570 sq ft$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,299

    Deposit

    • $500 deposit
    Show Unavailable Floorplans

  • 2 Bedrooms

    2 Bedroom 2 Bathroom

    $1,499

    2 Beds, 2 Baths, 800 sq ft
    Available Now

    Availability Details

    PriceAvailability DateUnitSq FtDepositView Details
    $1,499Available Now1146-103800$500
    $1,499Available Now1146-105800$500
    $1,499 December 1, 20265840-113800$500

    Model Amenities and Features

    Features

    • Ceiling Fans
    • Washer/Dryer
    • Wi-Fi

    Kitchen

    • Kitchen
    • Microwave
    • Oven
    • Range
    • Refrigerator

    Model Rent and Fees

    Model Price

    • $1,499

    Deposit

    • $500 deposit

    Unit 1146-103 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499

    Unit 1146-105 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499

    Unit 5840-113 Rent and Fees

    Unit Price

    • $1,499
      • View Details and Rent Estimate

    Deposit

    • $500 deposit

    Model Rent and Fees

    Price

    • $1,499
Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Schedule a Tour

Schedule a Tour
Call us at: (901) 350-4582 to schedule a tour.

3D Tours

Ridgeway 1BR, 1BA - 545SF
240 1BR, 1BA - 417SF

Property Information

  • 153 Units
  • 3 Stories
  • Built in 2024

Lease Terms

  • 3 - 16 mo
  • Short Term Lease Options
Ask About Our Lease Terms

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified. Use the Cost Calculator to determine costs based on your needs.

Required Fees

One-Time Basics

Due at Application
Application Fee Per ApplicantiCharged per applicant.$75.00
Due at Move-In
Administrative FeeiCharged per unit.$150.00

Other Fees and Policies

Pet Fees

Pet Policies are Negotiable

Cat
One-Time Pet FeeiMax of 2. Charged Per Pet.$35-$70
Monthly Pet FeeiMax of 2. Charged Per Pet.$300.00
Restrictions:

Pet restrictions apply. Please call for details.

Comments:

Max of 2.

Dog
One-Time Pet FeeiMax of 2. Charged Per Pet.$35-$70
Monthly Pet FeeiMax of 2. Charged Per Pet.$300.00
Restrictions:

Pet restrictions apply. Please call for details.

Comments:

Max of 2.

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

  • Pick Ball Court
  • Picnic Area - BBQ Grills

On-Site Services

  • Package Service

Community Features

  • Business Center
  • Clubhouse
  • Corporate Housing

Outdoor Features

  • Cabana
  • Picnic Area
  • Controlled Access

Recreation and Fitness

  • Fitness Center
  • Pool

Interior Features

  • Ceiling Fans
  • Washer/Dryer
  • Wi Fi

Kitchen Amenities

  • Microwave
  • Oven
  • Range
  • Refrigerator
  • Kitchen

Living Area Features

  • Vinyl Flooring
Ask About Our Amenities
Google Map

Map

5811 Poplar Ave, Memphis, TN 38119

Frequently Asked Questions about 240 Flats

Where is 240 Flats located?

240 Flats is located at 5811 Poplar Ave near the Germantown area of Memphis, TN

What is the current rent range at 240 Flats?

Studio to 2 Bedroom Apartments at 240 Flats currently range from $999 to $1,499

When is the leasing office open?

  • The office Hours for 240 Flats are
  • Monday 9:00 am–5:00 pm
  • Tuesday 9:00 am–5:00 pm
  • Wednesday 9:00 am–5:00 pm
  • Thursday 9:00 am–5:00 pm
  • Friday 9:00 am–5:00 pm
  • Saturday 10:00 am–4:00 pm
  • Sunday Closed

Are pets allowed?

Call us today to find out our pet policy and if we allow pets

Are there any rent specials?

The current rent special at 240 Flats is: Move In & Save! 1 Month FREE (prorated over lease term) + FREE 1-Year LA Fitness Membership!.

Lifestyle Ratings

  • Affordability Nice Value3.2

    The 240 Flats Apartments are 8.7% cheaper than the average apartment in the Germantown area, and 2.73% more expensive than the average apartment city-wide.

    Rent Comparison to the Germantown Neighborhood

    FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
    Studio$999$1,310-$311-23.7%
    1 Bedroom$1,099$1,205-$106-8.8%
    2 Bedroom$1,499$1,409+$906.4%

    Rent Comparison to the city of Memphis

    FloorplanLowest Price HereCity Average RentCost Difference%
    Studio$999$1,054-$55-5.2%
    1 Bedroom$1,099$1,156-$57-4.9%
    2 Bedroom$1,499$1,267+$23218.3%

    Methodology: On 07/10/2026, ApartmentHomeLiving.com compared current rents by floorplan to 83 other apartment communities in the immediate area around 240 Flats (Germantown), and 2411 other apartment communities in Memphis using today’s up-to-date pricing using the sum/count averaging formula. This data will be updated in real-time as prices fluctuate.

    Rent Pricing Data as of 07/10/2026

Learn more about Lifestyle Search

Renters Reviews and Ratings

5.0
1 Renters Reviews

Awesome apartments and locations

November 19, 2024 - Review from Apartments.com
Really nice newly renovated units with a washer dryer in the apartment. Location is also really convenient for me

Nearby Schools

Ridgeway/Balmoral Elementary School

Shelby County Schools
5905 Grosvenor Avenue
Public School - Grades K-5 (275 Students)
In Attendance Zone4 minute drive / 1.6 miles away
6/10
Contact Us About Nearby Schools
School data provided by GreatSchools.
details
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on scale of 1 (below average) and to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider needs as part of the school selection process.

About GreatSchools Data on ApartmentHomeLiving.com.

Points of Interest

Time and distance from 240 Flats.

Arts Museums and Landmarks

TheatreWorks

2085 Monroe Avenue
15 minute drive / 7.3 miles away

Slave Haven Underground Railroad Museum

826 North 2nd Street
23 minute drive / 10.77 miles away

Big Box and Retail

Walgreens

6310 Poplar Ave
2 minute drive / 0.99 miles away

Kroger

799 Truse Pkwy
4 minute drive / 1.53 miles away

Target

601 Colonial Rd
4 minute drive / 2.09 miles away

Colleges and Universities

Harding University - Memphis Campus

1000 Cherry Road
5 minute drive / 2.52 miles away

University of Memphis

3720 Alumni Avenue
8 minute drive / 4.03 miles away

Southwest Tennessee Community College - Macon Cove Campus

5983 Macon Cove
8 minute drive / 4.17 miles away

Groceries

Kroger

799 Truse Pkwy
4 minute drive / 1.53 miles away

Hospitals

St. Francis Hospital

5959 Park Ave
1 minute drive / 0.31 miles away

Spence And Becky Wilson Baptist Children's Hospital

6225 Humphreys Blvd
4 minute drive / 2.1 miles away

Baptist Memorial Hospital For Women

6225 Humphreys Blvd
4 minute drive / 2.1 miles away

Military Bases

Memphis Defense Depot

15 minute drive / 7.3 miles away

Parks and Recreation

Memphis Botanical Gardens

750 Cherry Rd
6 minute drive / 2.83 miles away

Overton Park

Overton Park
15 minute drive / 7.46 miles away

Graceland

3734 Elvis Presley Blvd
20 minute drive / 9.5 miles away

240 Flats has 3 parks within 9.5 miles, including Memphis Botanical Gardens, Overton Park, and Graceland.

Shopping Centers

Park Place Shopping Center

1185-1243 Ridgeway Rd
1 minute drive / 0.55 miles away

Primacy Place

6100 Primacy Pky
1 minute drive / 0.6 miles away

Regalia

6150 Poplar Ave
2 minute drive / 0.74 miles away

240 Flats has 5 shopping centers within 1.0 miles.

Transit Stations

Cleveland Street-Madison Avenue Trolley

18 minute drive / 8.76 miles away

Pauline Street-Madison Avenue Trolley

20 minute drive / 9.39 miles away

Dunlap Street-Madison Avenue Trolley

20 minute drive / 9.59 miles away

Nearby Neighborhoods

Sea Isle Park

Studio to 4 Bedroom Apartments from $581
View Rentals

River Oaks-Kirby-Balmoral

Studio to 4 Bedroom Apartments from $825
View Rentals

Walnut Grove

Studio to 4 Bedroom Apartments from $581
View Rentals

Rental Price Ranges in the Area

BedroomAverage RentCheapest RentHighest Rent
Memphis Studio Apartments $1,054$547$7,985
Memphis 1 Bedroom Apartments $1,156$350$2,842
Memphis 2 Bedroom Apartments $1,267$573$5,439
Memphis 3 Bedroom Apartments $1,702$550$4,110
Memphis 4 Bedroom Apartments $1,327$550$2,640

Browse Top Apartments in Memphis

By Price

By Community Type

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Viewing: 240 Flats | Desktop Version | Listing Updated: 07/09/2026 | AHLDIA