Bank Flats Apartments
1529 Madison Ave, Memphis, TN 38104
Details
Lease Term Options
- 12 mo
Property Information
- Built in 1902
- 19 units2 stories
Fees & Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
One-Time Basics
Due at Application
-
Application Fee Per Applicant$50
-
Application Fee Per ApplicantN/A
Due at Move-In
-
Administrative Fee$25
-
Administration Fee$250
-
Security Deposit - Refundable$500
Pet policies are negotiable.
Cats Allowed
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Cats Allowed
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.
Personalized Add-Ons
-
Monthly Pet Fee$30 / mo
Situational
-
Security Deposit - Non-RefundableN/A
-
Late Fee$25
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.
Explore Commute Options
Community Features
- Laundry Facilities
- Maintenance on site
- Sundeck
Map of Bank Flats Apartments
Area Scores
Walkability
Very walkable
Transit
Limited public transit
Driveability
Exceptionally drivable
Bikeability
Fairly bikeable
Walkability measures the walking distance to day-to-day needs.
Transit measures access to public transportation.
Driveability measures congestion, parking availability, and access to major roads.
Bikeability measures the suitability for cycling.
Soundscore™
Active
A Sound Score rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
Transit
Commuter Rail
7 min Drive
Airport
14 min Drive
Moving to Midtown Memphis, Memphis, TN
Shopping Centers
Shoppers will appreciate Bank Flats Apartments proximity to Union Plaza. Union Plaza is 0.3 miles away.
Commuting
With a TransitScore of 30, Bank Flats Apartments has limited public transit, including 1 transit stop within 3.5 miles. Transit options include Memphis.
Parks and Recreation
Recreational activities near Bank Flats Apartments are plentiful. Discover 4 parks within 3.5 miles, including Memphis Zoo, Children's Museum of Memphis, and Mississippi River Museum at Mud Island.
Airports
Living in Midtown Memphis provides easy access to Memphis International, located just 13 minutes from Bank Flats Apartments.
Local Education
Primary and Secondary Schools
Idlewild Elementary
Grades K-5
Public
Bruce Elementary School
Grades PK-5
Public
Bellevue Junior High School
Grades 6-8
Public
Grace-St Lukes Episcopal School
Grades PK-8
Private
Central High School
Grades 9-12
Public
Memphis Catholic Middle and High School
Grades 6-12
Private
Invictus Academy at Airways
Grades 6-12
Public
Data provided by GreatSchools.org © 2026. All rights reserved.
Colleges and Universities
| School | Commute Time (Distance) |
|---|---|
| UT Health Science Center | Drive: 3 min (1.7 mi) |
| Southwest Tenn., Union Avenue | Drive: 3 min (1.7 mi) |
| Christian Brothers University | Drive: 5 min (2.3 mi) |
| Rhodes College | Drive: 5 min (2.3 mi) |
About Bank Flats Apartments
Base Rent: $1,250/monthWater: $50/monthSecurity Deposit: $750 (refundable)Administrative Fee: $250 (non-refundable)* Central heat & air* Hardwood floors* High ceilings* Large closets and ample storage* Free on-site laundry* Gated secure parking*… Rooftop deck with shade and grill* Walkable Midtown location near MingleWood Hall, dining, shopping, entertainment, and transitPet PolicyCats only$150 non-refundable pet fee$25/month pet rent**Estimated Monthly Cost (before pets and utilities other than water):*** Rent + Water = **$1,300/month****Move-In Costs*** Security Deposit: **$750*** Administrative Fee: **$250*** Total Upfront (excluding first month's rent and pet fees): **$1,000**
Base Rent: $1,250/monthWater: $50/monthSecurity Deposit: $750 (refundable)Administrative Fee: $250 (non-refundable)* Central heat & air* Hardwood floors* High ceilings* Large closets and ample storage* Free on-site laundry* Gated secure parking* Rooftop deck with shade and grill* Walkable Midtown location near MingleWood Hall, dining, shopping, entertainment, and transitPet PolicyCats only$150 non-refundable pet fee$25/month pet rent**Estimated Monthly Cost (before pets and utilities other than water):*** Rent + Water = **$1,300/month****Move-In Costs*** Security Deposit: **$750*** Administrative Fee: **$250*** Total Upfront (excluding first month's rent and pet fees): **$1,000**
Bank Flats Apartments is an apartment community in Memphis, TN
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