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506 Summit St
506 Summit St, Madison, NC 27025, USA

Apartment for rent
Monthly rent
$1,000–$1,100
Beds2
Baths1
Sqft–
modified
Updated 5+ Days Ago

Units

506 Summit St Madison, NC

New Listing

2

2 Beds

1.5 Baths

$1,000

Listed on 08/08/2026
Listed by Kim Martin
Days on market: 13
Property Status: Active This 2-bedroom, 1-bath apartment is currently being remodeled and will be available June 1. The unit will feature a stainless steel stove and refrigerator, offering a fresh, updated living space. Monthly rent is $1,000.00 with a security deposit of $1,000.00. Application fee is $85.00 per adult (18 and older) residing in the home. No pets allowed. Please call the office for more information. Office Phone: (336) 451-0064 Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

New Listing

2 Beds, 1.5 Baths

2 Beds

1.5 Baths

$1,100

Listed on 08/08/2026
Listed by Kim Martin
Days on market: 13
Property Status: Active This 2 bedroom 1.5 bath apartment is renovated and ready for move in! New Carpet, New paint and new fixtures! The home has a large living room leading into an open kitchen with full appliances. Upstairs are 2 nice sized bedrooms and one shared full bath with a new shower door, vanity and toilet. Application fee is $85 per person! The security deposit is $1000 and Rent is $1000! Call us today to schedule an appointment! Office Phone: (336) 451-0064 Copyright © 2026 Triad Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Amenities for 506 Summit St

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • Carpet

Policies at 506 Summit St

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?

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About 506 Summit St

Home 506 Summit St, Madison, NC 27025, USA

Interested in leasing 506 Summit St, Madison, NC 27025, USA? Currently, 506 Summit St, Madison, NC 27025, USA is available to rent or lease. It is a 2-bedroom apartment with 1 bathroom. Below, you can compare the rent price at 506 Summit St, Madison, NC 27025, USA vs overall rent prices in Madison, NC. We have compiled nearby businesses and things to do close to 506 Summit St, Madison, NC 27025, USA.

Address details

Units2
Units available2
City
Zip code27025

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 506 Summit St, Madison, NC 27025, USA compares to other nearby properties.

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Rent trends in Madison

If you decide to upgrade your space, you can expect 2-bedrooms at 506 Summit St to be 5% less than the average for similarly sized apartments in Madison.

Median rents as of Aug 15 2026.
Madison
A table of 2-bedroom apartment rental data trends in Madison
MonthMedian Rent
August 2024$900
September 2024$900
October 2024$900
April 2025$1,100
May 2025$1,100
July 2025$1,275
August 2025$1,209
September 2025$1,150
October 2025$1,175
November 2025$975
December 2025$1,199
January 2026$1,190
February 2026$1,103
March 2026$1,175
April 2026$1,225
May 2026$1,224
June 2026$1,212
July 2026$1,199
August 2026$1,066

Affordability calculator

Can I afford to live at 506 Summit St?

Bedrooms

2 bedrooms

Rent-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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 2-bedrooms median monthly rent price of $1,050.
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.
Check out the past listing prices for monthly rent at 506 Summit St, Madison, NC.
This month$1,0002 bed1.5 bath
Last month$1,1502 bed1 bath

Schools near 506 Summit St

Western Rockingham Middle School

915 nw ayersville rd

madison, NC, 27025

PK, 6-8Public
B
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Madison near 506 Summit St

Walking

2/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 506 Summit St, Madison

Groceries

5/10
Variety of groceries within a short drive

Shopping

3/10
Some shops within a short drive

Cafes

0/10
Few or no cafés within a short drive

Restaurants

4/10
Some restaurants within a short drive

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within a short drive

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