5+ Days Ago
Highlights
- 11 laundry on site
- 13 ample storage
Location
508 Madison Street #4, New Orleans, LA 70116, US|French Quarter
Tour 508 Madison Street #4
Contact
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Property Overview
Located in a vibrant area, the property features proximity to excellent educational institutions with a highly-rated elementary school just 0.2 miles away and a high school within 0.8 miles. With an impressive array of 350 cultural venues and 673 restaurants nearby, it supports an active social life and offers wellness amenities like on-site fitness programs and natural lighting. The extensive photo collection enhances visibility, and the property's competitive value places it in the 77th percentile for affordability in the local market.
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- Less expensive
- Elementary school nearby
Great for
Wellness
Social life
Amenities for 508 Madison Street #4, French Quarter
Apartment Amenities
| Air Conditioning | Balcony |
| Ceiling Fan | Hardwood Floor |
| High Ceilings |
Building
| Controlled Access | Onsite Laundry |
Grounds
| Outdoor Space | Storage |
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
No pets allowed.
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About 508 Madison Street #4
Sweet deal!
This listing is 17% below the median price for 1 bedroom apartments in French Quarter.
1 Bedroom, 1 Bathroom Apartment, 2nd Floor Unit with Balcony, Living Room Doors Open to Balcony Overlooking Madison Street, Half a Block from Decatur Street with Cafe Du Monde, Shops, and Restaurants, 1 Block from the River Walk, 1 Block from Jackson Square, Galley Kitchen (includes gas stove, tiled countertops, and cabinet space), Vintage Tiled Bathroom, Hardwood and Tile Floors, High Ceilings and Natural Light, Laundry on Site, Sewerage and Water Board Paid by Owner, Ample Storage, Window A/C and Ceiling Fans, Nice Shared Courtyard, No Smoking, No Pets
Lease Terms
1 yearProperty 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 Madison Street ##4, New Orleans, LA 70116, US compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 3 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- Elementary school nearby
- There is an elementary school 0.2 mile away
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | French Quarter |
|---|---|
| Zip code | 70116 |
| Type | Apartment for rent |
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Rent trends in French Quarter
1-bedroom apartments at 508 Madison Street #4 cost about 17% less than the average rent price for 1-bedroom apartments in New Orleans.
Median rents as of Sep 6 2025.
French Quarter
New Orleans
| Month | Median Rent |
|---|---|
| September 2023 | $1,400 |
| October 2023 | $1,427 |
| November 2023 | $1,497 |
| December 2023 | $1,499 |
| January 2024 | $1,500 |
| February 2024 | $1,540 |
| March 2024 | $1,559 |
| April 2024 | $1,550 |
| May 2024 | $1,545 |
| June 2024 | $1,553 |
| July 2024 | $1,499 |
| August 2024 | $1,443 |
| September 2024 | $1,475 |
| October 2024 | $1,500 |
| November 2024 | $1,532 |
| December 2024 | $1,500 |
| January 2025 | $1,540 |
| February 2025 | $1,562 |
| March 2025 | $1,540 |
| April 2025 | $1,459 |
| May 2025 | $1,505 |
| June 2025 | $1,507 |
| July 2025 | $1,503 |
| August 2025 | $1,514 |
| September 2025 | $1,530 |
| Month | Median Rent |
|---|---|
| September 2023 | $1,477 |
| October 2023 | $1,500 |
| November 2023 | $1,700 |
| December 2023 | $1,635 |
| January 2024 | $1,637 |
| February 2024 | $1,650 |
| March 2024 | $1,634 |
| April 2024 | $1,650 |
| May 2024 | $1,695 |
| June 2024 | $1,769 |
| July 2024 | $1,800 |
| August 2024 | $1,729 |
| September 2024 | $1,697 |
| October 2024 | $1,679 |
| November 2024 | $1,755 |
| December 2024 | $1,750 |
| January 2025 | $1,725 |
| February 2025 | $1,862 |
| March 2025 | $1,805 |
| April 2025 | $1,709 |
| May 2025 | $1,795 |
| June 2025 | $1,756 |
| July 2025 | $1,660 |
| August 2025 | $1,556 |
| September 2025 | $1,500 |
Affordability calculator
Can I afford to live at 508 Madison Street #4?
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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
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 | |||||
|---|---|---|---|---|---|
| 6 months ago | $1,250 | 1 bed | 1 bath | ||
| 7 months ago | $1,250 | 1 bed | 1 bath | ||
| 8 months ago | $1,250 | 1 bed | 1 bath | ||
| 8 months ago | $1,250 | 1 bed | 1 bath | ||
| 1 year ago | $1,250 | 1 bed | 1 bath | ||
| 1 year ago | $1,250 | 1 bed | 1 bath | ||
| 1 year ago | $1,250 | 1 bed | 1 bath | ||
| 2 years ago | $1,250 | 1 bed | 1 bath | ||
| 2 years ago | $1,250 | 1 bed | 1 bath |
Schools near 508 Madison Street #4
Travis Hill School
1100 milton st
new orleans, LA, 70122
3-12Public
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Internet available near 508 Madison Street #4
Getting around New Orleans near 508 Madison Street #4
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 508 Madison Street #4, New Orleans
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
Variety of cafés within walking distance
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
10/10
Variety of bars right on the street
Other units at this address
508 Madison Street ##4, New Orleans, LA
508 Madison Street ##4 New Orleans, LA
Occupied
1
1 Bed
1 Bath
$1,250
Hardwood Floor • On-Site Laundry • Ceiling Fan • Air Conditioning • High Ceilings
Occupied
2
1 Bed
1 Bath
$1,250
Hardwood Floor • On-Site Laundry • Ceiling Fan • Air Conditioning • High Ceilings
Occupied
5
1 Bed
1 Bath
$1,250
Hardwood Floor • Balcony • Ceiling Fan • On-Site Laundry • Air Conditioning • Outdoor Space
Occupied
6
1 Bed
1 Bath
$1,250
Hardwood Floor • Balcony • Ceiling Fan • On-Site Laundry • Air Conditioning • Outdoor Space
Occupied
#4
1 Bed
1 Bath
$1,350
On-Site Laundry • Balcony • Ceiling Fan • Hardwood Floor
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