The Bank Flats Apartments

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(901) 310-3565
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1517-1529 Madison Ave, Memphis, TN 38104

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The Bank Flats Apartments

1517-1529 Madison Ave
Memphis, TN 38104
(901) 310-3565
The Bank Flats Apartments in Memphis, TN - Building Photo
  • 1 Bedroom Bedrooms
  • $1,100-$1,150 Pricing
  • 750 Square Feet

About The Bank Flats Apartments

The Bank Flats Apartments is located in the Midtown Memphis Neighborhood and 38104 Zip code of Memphis, TN.

Property Contact Info

Floorplan Pricing and Availability

The Bank Flats Apartments offers 1 Bedroom apartments starting from $1,100 and having 750 sq ft. Here is the current pricing and availability:

    • 1 Bedroom

      1 Bed, 1 bath

      From $1,100

      1 Bed, 1 Bath, 750 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      From $1,100Available Now1 Bed, 1 bath750 sq ft

      Model Rent and Fees

      Model Price Range

      • $1,100 - $1,150
    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) 310-3565 to schedule a tour.

    Property Information

    • 19 Units
    • 2 Stories
    • Built in 1902

    Lease Terms

    • 12 mo

    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.

    Required Fees

    One-Time Basics

    Due at Application
    Application Fee Per ApplicantiCharged Per Applicant.$50.00
    Application Fee Per ApplicantiCharged Per Applicant.$0.00
    Due at Move-In
    Security Deposit - RefundableiCharged Per Unit.$500.00
    Max chargeable amount: $500
    Administrative FeeiCharged Per Unit.$25.00
    Administration FeeiCharged per unit.$250.00
    Max chargeable amount: $250

    Other Fees and Policies

    Personal Add-Ons

    Monthly Pet FeeiMax of 1. Charged Per Pet.$30.00/mo
    Comments:

    Max of 1.

    Situational Fees

    Late FeeiCharged Per Unit.$25.00
    Security Deposit - Non-RefundableiCharged Per Unit.$0.00

    Pet Fees

    Pet Policies are Negotiable

    Cats
      Restrictions:

      Cats are permitted. A non-refundable pet fee of $150 is required prior to move-in, along with monthly pet rent of $25. Tenants are responsible for any damages caused by their pet. Cats must remain inside the apartment and not allowed to roam in shared spaces.

      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

      On-Site Services

      • Maintenance On Site
      • Laundry Facilities

      Outdoor Features

      • Sundeck
      Google Map

      Map

      1517-1529 Madison Ave, Memphis, TN 38104

      Frequently Asked Questions about The Bank Flats Apartments

      Where is The Bank Flats Apartments located?

      The Bank Flats Apartments is located at 1517-1529 Madison Ave near the Midtown Memphis area of Memphis, TN

      What is the current rent range at The Bank Flats Apartments?

      1 Bedrooms at The Bank Flats Apartments is $1,100. Call today for more info!

      Are pets allowed?

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

      Lifestyle Ratings

      • Affordability Nice Value3.0

        The The Bank Flats Apartments Apartments are 2.9% cheaper than the average apartment in the Midtown Memphis area, and 5.7% cheaper than the average apartment city-wide.

        Rent Comparison to the Midtown Memphis Neighborhood

        FloorplanLowest Price HereNeighborhood Avg RentNbhd Avg RentCost Difference%
        1 Bedroom$1,100$1,133-$33-2.9%

        Rent Comparison to the city of Memphis

        FloorplanLowest Price HereCity Average RentCost Difference%
        1 Bedroom$1,100$1,166-$66-5.7%

        Methodology: On 03/31/2026, ApartmentHomeLiving.com compared current rents by floorplan to 314 other apartment communities in the immediate area around The Bank Flats Apartments (Midtown Memphis), and 822 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 03/31/2026

      Learn more about Lifestyle Search

      Renters Reviews and Ratings

      4.0
      0 Renters Reviews
      ⓘ How is this Rating Determined?The property ratings on ApartmentHomeLiving.com are created using a 5-star scale that includes average renter review scores combined with building ratings to determine an overall blended property score.

      Building ratings are based on a community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

      Nearby Schools

      Bruce Elementary

      Shelby County Schools
      581 South Bellevue Boulevard
      Public School - Grades PK-5
      In Attendance Zone2 minute drive / 0.9 miles away
      5/10
      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 The Bank Flats Apartments.

      Arts Museums and Landmarks

      TheatreWorks

      2085 Monroe Avenue
      3 minute drive / 1.08 miles away

      Peabody Hotel

      149 Union Avenue
      5 minute drive / 2.39 miles away

      Gibson Factory

      145 Lt. George Lee Ave
      5 minute drive / 2.44 miles away

      Big Box and Retail

      Kroger

      1360 Poplar Ave
      1 minute drive / 0.45 miles away

      Autozone

      385 N Cleveland St
      1 minute drive / 0.66 miles away

      Walgreens

      987 Union Ave
      3 minute drive / 1.07 miles away

      Colleges and Universities

      Southwest Tennessee Community College - Union Avenue Campus

      737 Union Avenue
      4 minute drive / 1.48 miles away

      Rhodes College

      2000 North Parkway
      4 minute drive / 1.59 miles away

      Groceries

      Cash Saver

      1620 Madison Ave
      1 minute drive / 0.17 miles away

      Kroger

      1360 Poplar Ave
      1 minute drive / 0.45 miles away

      The Fresh Market

      2145 Union Ave
      3 minute drive / 1.24 miles away

      Hospitals

      Methodist Healthcare Memphis Hospitals

      1265 Union Ave Suite 700
      1 minute drive / 0.55 miles away

      Memphis Mental Health Institute

      951 Court Avenue
      3 minute drive / 1.12 miles away

      Regional One Health

      877 Jefferson Avenue
      3 minute drive / 1.22 miles away

      Military Bases

      Memphis Defense Depot

      7 minute drive / 3.46 miles away

      Parks and Recreation

      Overton Park

      Overton Park
      3 minute drive / 1.05 miles away

      Memphis Botanical Gardens

      750 Cherry Rd
      11 minute drive / 5.56 miles away

      Graceland

      3734 Elvis Presley Blvd
      13 minute drive / 6.5 miles away

      The Bank Flats Apartments has 3 parks within 6.5 miles, including Overton Park, Memphis Botanical Gardens, and Graceland.

      Shopping Centers

      Union Plaza

      1490-1498 Union Ave
      1 minute drive / 0.25 miles away

      Center City Shopping Center

      1627 Poplar Ave
      1 minute drive / 0.26 miles away

      Union Terrace

      1569 Union Ave
      1 minute drive / 0.3 miles away

      The Bank Flats Apartments has 5 shopping centers within 0.4 miles.

      Transit Stations

      Cleveland Street-Madison Avenue Trolley

      1 minute drive / 0.43 miles away

      Pauline Street-Madison Avenue Trolley

      3 minute drive / 1.07 miles away

      Dunlap Street-Madison Avenue Trolley

      3 minute drive / 1.27 miles away

      Nearby Neighborhoods

      Studio to 5 Bedroom Apartments from $634
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      Studio to 5 Bedroom Apartments from $634
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      Rental Price Ranges in the Area

      BedroomAverage RentCheapest RentHighest Rent
      Memphis Studio Apartments $1,066$560$7,990
      Memphis 1 Bedroom Apartments $1,166$525$2,850
      Memphis 2 Bedroom Apartments $1,309$495$4,900
      Memphis 3 Bedroom Apartments $1,766$737$6,228
      Memphis 4 Bedroom Apartments $1,473$650$6,252

      Browse Top Apartments in Memphis

      Viewing: The Bank Flats Apartments | Desktop Version | Listing Updated: 03/30/2026 | AHLSLV