5+ Days Ago
Highlights
- Modern elegance
- Thoughtfully designed layout
Location
215 1/2 S Madison Ave, Anderson, IN 46016, USA
Tour 215 1/2 S Madison Ave
Contact
PMI Indianapolis
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Amenities for 215 1/2 S Madison Ave
Services
| On-Site Management | Package Service |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 215 1/2 S Madison Ave
*** Winter Leasing Special*** We are currently running a seasonal leasing special for $200 off your first month's rent with any lease signed and a move in date prior to 02/14/2026. *** Winter Leasing Special*** Unveiling the charming sanctuary at 215 1/2 S Madison Ave, Anderson, In 46016, where comfort meets convenience in a delightful 600 sq ft space. This cozy one-bedroom apartment is a perfect retreat, offering a serene living experience amidst the vibrant city of Anderson. Step inside to discover a thoughtfully designed layout that maximizes every inch, ensuring a harmonious blend of style and function. Imagine waking up in a sunlit bedroom that invites warmth and tranquility into your daily routine. The full bathroom exudes a sense of modern elegance, providing a refreshing start to your day. This apartment is truly a canvas for your personal style, ready to transform into your ideal haven. Nestled in a location that combines the best of city life with a peaceful ambiance, it offers easy access to local amenities and attractions. Whether you're hosting friends or enjoying a quiet evening alone, this space adapts to your lifestyle with ease. Don't miss the opportunity to make this delightful apartment your new home, where every day is filled with possibilities and charm. A Rent Guarantee Policy from TheGuarantors is required for all applicants. Security deposit amounts vary based on credit and income. Applicants who do not meet the minimum credit score of 680 and income requirement of 3x the monthly rent may be required to pay a deposit equal to 2 months' rent. At Pmi, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (rbp) to address common headaches for our residents. Our program handles insurance, pest control, air filter changes, utility set up, credit building, resident rewards, identity protection and more at a rate of $69.99/month, added to every property as a required program. More details upon application. *If you provide your own insurance policy, the Rbp cost will be reduced by the amount of the insurance premium billed by Second Nature Insurance Services (npn No. 20224621). By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 215 1/2 S Madison Ave, Anderson, IN 46016, USA compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this address
- Package service
- More secure storage for delivery
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
Address details
| Zip code | 46016 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Anderson
1-bedroom apartments at 215 1/2 S Madison Ave cost about 19% less than the average rent price for 1-bedroom apartments in Anderson.
Median rents as of Jan 31 2026.
Anderson
| Month | Median Rent |
|---|---|
| February 2024 | $650 |
| March 2024 | $676 |
| April 2024 | $655 |
| May 2024 | $688 |
| June 2024 | $689 |
| July 2024 | $656 |
| August 2024 | $673 |
| September 2024 | $689 |
| October 2024 | $722 |
| November 2024 | $720 |
| December 2024 | $695 |
| January 2025 | $697 |
| February 2025 | $709 |
| March 2025 | $697 |
| April 2025 | $695 |
| May 2025 | $697 |
| June 2025 | $724 |
| July 2025 | $781 |
| August 2025 | $751 |
| September 2025 | $760 |
| October 2025 | $754 |
| November 2025 | $727 |
| December 2025 | $728 |
| January 2026 | $746 |
Affordability calculator
Can I afford to live at 215 1/2 S Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$25,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $25,000 annually to afford this 1-bedroom monthly rent price of $625.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| Last month | $650 | 1 bed | 1 bath | ||
| 8 months ago | $600 | 1 bed | 1 bath | ||
| 1 year ago | $600 | 1 bed | 1 bath | ||
| 1 year ago | $600 | 1 bed | 1 bath | ||
| 2 years ago | $600 | 1 bed | 1 bath | ||
| 2 years ago | $700 | 1 bed | 1 bath | ||
| 2 years ago | $700 | 1 bed | 1 bath |
Schools near 215 1/2 S Madison Ave
Eastside Elementary School
844 n scatterfield rd
anderson, IN, 46012
K-4Public
C+
Southview Preschool Center
4500 main st
anderson, IN, 46013
PKPublic
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Internet available near 215 1/2 S Madison Ave
Getting around Anderson near 215 1/2 S Madison Ave
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Points of interest for 215 1/2 S Madison Ave, Anderson
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
2/10
Few or no shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
215 1/2 S Madison Ave, Anderson, IN
215 1/2 S Madison Ave Anderson, IN
Occupied
1 Bed, 1 Bath
1 Bed
1 Bath
$600
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