1517 Madison Ave

📍 1517 Madison Avenue, Memphis, TN 38104

📋 Property Overview

1 bd / 1 ba rental in Monroe Avenue, Memphis, Tennessee. The floor plan measures 1150 sq ft. Monthly rent is $920. The unit features in unit laundry, hardwood floors, dishwasher and air conditioning. On site there is cats allowed and pet friendly. Pets are allowed (cats). Leases run 12 months. Availability: Available Sep 1, 2026. The Walk Score here is 87, meaning most errands can be done on foot. Transit Score is 39. Rent sits 20% below the area median ($1,150).

🚶 Getting Around

• Walk Score87/100

  Very Walkable

• Transit Score39/100

  Some Transit

💵 Costs & Lease

Deposit

$400

Lease length

12 months

Units available

1 unit

Amounts are as published by the source and may change. Confirm before applying.

📐 Floor Plan Details

• 1 bed, 1 bath1 bd · 1 baNone available right now
• 1 Bed, 1.0 Bath1 bd · 1 ba$9201 unit available

🧾 Move-in Costs & Lease

Security deposit

$400

Lease length

12 months

Available

Available Sep 1, 2026

Application fee

$60 per applicant, paid to RivoRent

Property amounts are as published by the source and may change. Confirm before applying. The application fee is RivoRent's own and is the same on every listing.

🛡️ Renters Insurance — Estimated Cost

Based on what Tennessee renters actually paid: NAIC industry data for 2023 (average HO-4 premium, 428,684 policy-years), adjusted to July 2026 with the U.S. Bureau of Labor Statistics tenants' insurance index. It is a market average, not a price for this building and not a price for you.

Your own price depends most on your credit-based insurance score, your claims history and which carrier you choose. In published Ohio figures the same coverage ranges from $127 a year at excellent credit to $933 at poor credit. We do not ask for any of that, so we cannot narrow this for you.

✅ Who Qualifies

Must have 3x the rent in total household income (before taxes)

🐾 Pets

Pets

Allowed

Types

Cats

✨ Features & Details

• Pet Friendly
• In unit laundry
• Hardwood floors
• Dishwasher
• Cats allowed
• Air conditioning
• 0 sq ft

📊 Property Facts

Walk Score

87 · Very Walkable

Transit Score

39 · Some Transit

🎓 Nearby Schools

• Central High School · 9-125/10 · 0.6 mi
• Bellevue Junior High School · 6-85/10 · 0.8 mi
• Bruce Elementary School · PK-53/10 · 0.8 mi
• Idlewild Elementary School · K-57/10 · 0.9 mi
• Memphis Academy Of Science Engineering · 6-124/10 · 1.0 mi
• Snowden School · PK-84/10 · 1.3 mi
• Rozelle Elementary School · K-54/10 · 1.3 mi
• Peabody Elementary School · PK-54/10 · 1.6 mi
• Cummings Elementary School · PK-83/10 · 1.7 mi
• Maxine Smith Steam Academy · 6-88/10 · 1.8 mi

🏡 Floor Plans