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
$995/mo
240 Madison Ave #308, Memphis, TN 38103
Studio
541sqft
Price may not include required fees and charges.
Apartment
Available now
Cats, dogs OK
Central air
In unit laundry
Attached garage parking
Electric
Travel times
Add up to $600/yr to your down payment
Consider a first-time homebuyer savings account designed to grow your down payment with up to a 6% match & 4.15% APY.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- 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: 541 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 |
|---|---|---|
| 8/16/2025 | Listed for rent | $995-9.1%$2/sqft |
Source: Zillow Rentals | ||
| 4/17/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 4/6/2024 | Listed for rent | $1,095$2/sqft |
Source: Zillow Rentals | ||
![[object Object]](https://photos.zillowstatic.com/fp/b7cff0886406b945c9e63f658427853d-p_i.jpg)
