Cherokee Arms
Studio
$950
The Bank Flats Apartments
1517-1529 Madison Ave, Memphis, TN 38104
| Monthly Rent | Bedrooms | Bathrooms | |||
|---|---|---|---|---|---|
| $1,100 | 1 Bed | 1 Bed | 1 Bath | 1 Bath | 750 - 850 sq. ft. |
| View Fees and Policies |
Pricing and Floor Plans
Cost Calculator: Estimate your monthly and one-time fees.
1/1
$1,100
1 Bed, 1 Bath
, 750 - 850 Sq. Ft.
Show Floor Plan Details
2 Rentals Available
Unit
Price
Sq. Ft.
Available
#6
$1,100
850 Sq. Ft.
Now
New
#7
$1,100
750 Sq. Ft.
Now
New
Details
Lease Term Options
- 12 mo
Property Information
- Built in 1902
- 19 units / 2 stories
Fees and 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 Applicant$0
Due at Move-In
- Security Deposit - Refundable$500Max chargeable amount: $500
- Administrative Fee$25
Pet policies are negotiable.
Cats
- 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 / moMax chargeable amount: $30
Situational
- Late Fee$25
- Security Deposit - Non-Refundable$0
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
Destination Address
- Drive Time--
- Walk Time--
- Bike Ride Time--
- Public Transit--
Property Highlights
- Dryer
Apartment Features
- Air Conditioning
- Ceiling Fans
- Dishwasher
- Hardwood Floors
- Heating
- Range
- Refrigerator
- Washer/Dryer
- Window Coverings
Community Features
- Laundry Facilities
- Maintenance on site
- Sundeck
Area Scores
Walkability
Very walkable80 / 100
Transit
Limited public transit30 / 100
Driveability
Exceptionally drivable100 / 100
Bikeability
Fairly bikeable50 / 100
Scores provided by 
Soundscore ™
Active71 / 100
Scores provided by
HowLoud
Transit
Commuter Rail
7 min Drive
Airport
Memphis International
14 min Drive
Moving to Midtown Memphis, Memphis, TN
Shopping Centers
Shoppers will appreciate The Bank Flats Apartments proximity to Union Plaza, Belvedere Collection, and Trolley Stop. Union Plaza is 0.3 miles away, and Belvedere Collection is within a 7 minute walk.
Commuting
With a TransitScore of 30, The Bank Flats Apartments has limited public transit, including 1 transit stop within 3.5 miles. Transit options include Central Station.
Parks and Recreation
Recreational activities near The 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 17 minutes from The Bank Flats Apartments.
Local Education
Primary and Secondary Schools
Idlewild Elementary
Grades K-5
Public
Bruce Elementary
Grades PK-5
Public
Grace-St Lukes Episcopal School
Grades PK-8
Private
Memphis Catholic Middle and High School
Grades 6-12
Private
Mcs Prep School - Northwest
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 The Bank Flats Apartments
This stylish Midtown apartment blends urban charm with everyday comfort, featuring hardwood floors, high ceilings, and central heat and air for a bright, open feel. Enjoy a modern kitchen with a dishwasher, all within the convenience of a vibrant... Midtown lifestyle.
This stylish Midtown apartment blends urban charm with everyday comfort, featuring hardwood floors, high ceilings, and central heat and air for a bright, open feel. Enjoy a modern kitchen with a dishwasher, all within the convenience of a vibrant Midtown lifestyle.
The Bank Flats Apartments is an apartment community in Memphis, TN
Contact
Property Address: 1517-1529 Madison Ave,
Memphis, TN 38104
Memphis, TN 38104
Phone Number: (901) 295-0841
Office Hours
- SundayCLOSED
- MondayCLOSED
- TuesdayCLOSED
- WednesdayCLOSED
- ThursdayCLOSED
- FridayCLOSED
- SaturdayCLOSED
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(901) 295-0841Languages: English
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