5+ Days Ago
Location
508 E Madison St, Troy, AL 36081, USA
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Property Overview
Located just 0.82 miles from a top-rated elementary school and 0.47 miles from a middle school, this property offers convenient access to educational resources. Notably, it features 20 photos, providing an informative visual overview for potential renters. With a high school only 0.93 miles away, the location is well-positioned for an active community engagement.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Elementary school nearby
- High school nearby
Great for
Work-from-home
Social life
Amenities for 508 E Madison St
Apartment Amenities
| 2 Floors | Furnished |
Appliances
| Dishwasher | In-Unit Laundry |
Grounds
| Outdoor Space |
Other
| View Type: Other |
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?
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About 508 E Madison St
Property Status: Active 508b E Madison St Like New Fully Furnished 2 Bedrooms 2 Bathrooms Just Bring Your Clothes & Pictures! No Pets Allowed. Furnishings Included In Photos. Tenants Are Responsible For Their Utilities. Internet & Lawn Care Are Included In The Rental Price. Must Pass Background Check And Credit Check. Application And Additional Info At Advantagerealtytroyal.com,508b E Madison St Like New Fully Furnished 2 Bedrooms 2 Bathrooms Just Bring Your Clothes & Pictures! No Pets Allowed. Furnishings Included In Photos. Tenants Are Responsible For Their Utilities. Internet & Lawn Care Are Included In The Rental Price. Must Pass Background Check And Credit Check. Application And Additional Info At Advantagerealtytroyal. com Office Phone: (334) 566-9907 Copyright © 2026 Pike County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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 508 E Madison St compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.5 mile away
- Elementary school nearby
- There is an elementary school 1 mile away
- High school nearby
- There is a high school 1 mile away
- More space
- The 2-bedroom is 50 sqft larger than other listings nearby
- Images available
- There are at least 10 photos of this address
- Outdoor space
- One or more rentals here have easy access to the outdoors
Address details
| Zip code | 36081 |
|---|---|
| Type | House for rent |
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Rent trends in Troy
2-bedroom apartments at 508 E Madison St cost about 50% more than the average rent price for 2-bedroom apartments in Troy.
Median rents as of Jan 31 2026.
Troy
| Month | Median Rent |
|---|---|
| February 2024 | $1,044 |
| March 2024 | $1,069 |
| April 2024 | $1,003 |
| May 2024 | $950 |
| June 2024 | $912 |
| July 2024 | $887 |
| August 2024 | $899 |
| September 2024 | $900 |
| October 2024 | $900 |
| November 2024 | $900 |
| December 2024 | $925 |
| January 2025 | $987 |
| February 2025 | $915 |
| March 2025 | $953 |
| April 2025 | $1,062 |
| May 2025 | $1,062 |
| June 2025 | $987 |
| July 2025 | $969 |
| August 2025 | $949 |
| September 2025 | $939 |
| October 2025 | $917 |
| November 2025 | $943 |
| December 2025 | $942 |
| January 2026 | $992 |
Affordability calculator
Can I afford to live at 508 E Madison St?
Bedrooms
2 bedroomsRent-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
$60,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 2-bedrooms monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.
Schools near 508 E Madison St
Troy Elementary School
503 gibbs st
troy, AL, 36081
PK, K-6Public
B-
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Internet available near 508 E Madison St
Getting around Troy near 508 E Madison St
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
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 508 E Madison St, Troy
Groceries
4/10
At least one supermarket within a 20-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
4/10
Some restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
1/10
Few or no bars within walking distance
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