Comptroveby RentSpire

Madison Midtown Apartments in Memphis, Tennessee

1544 Madison Avenue, Memphis, TN, 38104

Market rate 1,544 units (unit count basis: listing-reported) Hazard/risk read: not observed

Asking & effective rent by bedroom

Average asking rent across observed units: $1,776. Average effective rent: $1,701.

TypeAsking rentEffective rentAvg sqftObservations
1 bedroom$1,150$1,0889542
2 bedroom$1,739$1,6771,2482
3 bedroom$2,450$2,3881,5592

HUD Fair Market Rent gap

HUD area: Memphis, TN-MS-AR HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

No amenities observed for this property.

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

PropertyLocationDistanceAvg askingSimilarity
University Place Apartments Memphis, TN 1.16 mi not observed 58%
Cleaborn Pointe at Heritage Landing Memphis, TN 1.78 mi $1,297 36%

Sources & provenance

Sourced from https://www.livemadisonmidtown.com/ — 10 observation(s), last observed Jul 27, 2026.

Data age: 21 days. Last observed: Jul 27, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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