The Commonwealth is a gorgeous building in the heart of Downtown Memphis that seamlessly blends the historic with the modern. Amenities include a fitness center, pet wash station, communal indoor and outdoor spaces, a private garage, and MORE!
Apartment for rent
$1,395/mo
Fees may apply
240 Madison Ave, APT 507, Memphis, TN 38103
1beds
621sqft
Price may not include required fees and charges. Learn more|
Apartment
Available now
Cats, dogs OK
Central air
In unit laundry
Attached garage parking
Electric
What's special
- 35 days |
- -- |
- -- |
Zillow last checked:
Listing updated:
Travel times
Let’s turn your rent into credit progress
Build credit history with every on-time payment and get credit for the payment you’re already making.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Elevator, Storage
- Flooring: Concrete
Interior area
- Total interior livable area: 621 sqft
Property
Parking
- Parking features: Attached, Covered, Detached
- Has attached garage: Yes
- Details: Contact manager
Features
- Patio & porch: Patio
- Exterior features: Bicycle storage, Convection Oven, Flexible Lease, Flooring: Concrete, Garbage included in rent, Heating: Electric, High-speed Internet Ready, Less Than One Year Lease, Monthly Lease, More Than One Year Lease, One Year Lease, Online Maintenance Portal, Online Rent Payment, Pet Washing Station, Sewage included in rent, Six Month Lease, Spanish Speaking Staff, TV Lounge, View Type: City, Water Feature, Water included in rent
- Has view: Yes
- View description: City View
Details
- Other equipment: Intercom
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Utilities & green energy
- Utilities for property: Garbage, Sewage, Water
Building
Details
- Building name: The Commonwealth
Management
- Pets allowed: Yes
Community & HOA
Community
- Features: Fitness Center, Gated
- Security: Gated Community
HOA
- Amenities included: Fitness Center
Location
- Region: Memphis
Financial & listing details
- Lease term: Flexible Lease,Less Than One Year Lease,Monthly Lease,More Than One Year Lease,One Year Lease,Six Month Lease
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Listed for rent | $1,395$2/sqft |
Source: Zillow Rentals Report a problem | ||
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 2/10Downtown Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Memphis Grizzlies Preparatory Charter SchoolGrades: 5-8Distance: 0.2 mi
- 3/10Manassas High SchoolGrades: 9-12Distance: 2 mi
There are 2 available units in this apartment building