Updated 2 Days Ago
Location
851 N Madison Ave, Greenwood, IN 46142, USA
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Amenities for 851 N Madison Ave
Apartment Amenities
| 2 Floors | Central Air |
| Electric Heating | Furnished |
| Utilities Included | Walk-in Closet |
Appliances
| In-Unit Laundry |
Building
| Basement | Exterior Type: Brick |
| Onsite Laundry |
Grounds
| Outdoor Space |
Other
| Five Rooms |
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 851 N Madison Ave
Property Status: Active Adorable 1bed/1bath FULLY FURNISHED upstairs apartment with utilities included located in the heart of Greenwood. Lease includes private entrance along with yard space and personal laundry facilities. No pets/No smoking. Lease is a minimum and available August 2026 Office Phone: (765) 318-8339 Copyright © 2026 MIBOR Service Corporation. 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 851 N Madison Ave compares to other nearby properties.
Positives
- More space
- The 1-bedroom is 1632 sqft larger than other listings nearby
- 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
- Walk-in closet
- More closet space on average
Address details
| Zip code | 46142 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Greenwood
1-bedroom apartments at 851 N Madison Ave cost about 24% more than the average rent price for 1-bedroom apartments in Greenwood.
Median rents as of Jul 18 2026.
Greenwood
| Month | Median Rent |
|---|---|
| August 2024 | $1,133 |
| September 2024 | $1,138 |
| October 2024 | $1,177 |
| November 2024 | $1,203 |
| December 2024 | $1,147 |
| January 2025 | $1,186 |
| February 2025 | $1,145 |
| March 2025 | $1,149 |
| April 2025 | $1,158 |
| May 2025 | $1,211 |
| June 2025 | $1,221 |
| July 2025 | $1,241 |
| August 2025 | $1,151 |
| September 2025 | $1,234 |
| October 2025 | $1,261 |
| November 2025 | $1,273 |
| December 2025 | $1,226 |
| January 2026 | $1,139 |
| February 2026 | $1,166 |
| March 2026 | $1,242 |
| April 2026 | $1,225 |
| May 2026 | $1,257 |
| June 2026 | $1,240 |
| July 2026 | $1,160 |
Affordability calculator
Can I afford to live at 851 N 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
$56,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $56,000 annually to afford this 1-bedroom monthly rent price of $1,400.
For more information on rent affordability, visit our rent calculator.
Schools near 851 N Madison Ave
V.O. Isom Central Elementary School
50 e broadway
greenwood, IN, 46143
K-5Public
B
Ray Crowe Elementary
1300 ray crowe way
greenwood, IN, 46143
K-5Public
B
Family Development Services - Southeast Head Start
4024 south madison ave
indianapolis, IN, 46227
PKPublic
Rise Learning Center
5391 s shelby st
indianapolis, IN, 46227
PK, K-12Public
Walnut Grove Elementary School
4079 north morgantown rd
bargersville, IN, 46106
K-5Public
A
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Internet available near 851 N Madison Ave
Getting around Greenwood near 851 N Madison Ave
Walking
5/10
Some shops and stores are within a few minutes.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 851 N Madison Ave, Greenwood
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Parks
4/10
Moderate amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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Check availability
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