1 Day Ago
Location
501 Madison St, Gary, IN 46402, USA|Downtown Gary
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Tour Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply)
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Floor plans
| 20 07101 | 1 bed | 1 bath | 682 sqft | $926 /mo | |||
| 20 06101 | 1 bed | 1 bath | $926 /mo | ||||
| 20 10103 | 2 bed | 1 bath | $1,024 /mo | ||||
| 20 18301 | 2 bed | 1 bath | 918 sqft | $1,024 /mo | |||
| 20 09402 | 2 bed | 1 bath | $1,024 /mo | ||||
| 20 09401 | 2 bed | 1 bath | 918 sqft | $1,024 /mo | |||
| 20 11205 | 2 bed | 1 bath | $1,024 /mo | ||||
| 20 17107 | 2 bed | 1 bath | 918 sqft | $1,024 /mo | |||
| 20 13305 | 2 bed | 1 bath | 918 sqft | $1,024 /mo | |||
| 20 21403 | 2 bed | 1 bath | $1,024 /mo | ||||
| 20 14402 | 2 bed | 1 bath | 918 sqft | $1,024 /mo | |||
| 20 21104 | 2 bed | 1 bath | $1,024 /mo | ||||
| 20 20102 | 3 bed | 1 bath | $1,412 /mo | ||||
| 20 05104 | 3 bed | 1 bath | 1,085 sqft | $1,412 /mo | |||
| 20 17308 | 4 bed | 1 bath | $1,580 /mo |
Let's explore this property.
Amenities for Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply)
Apartment Amenities
| Air Conditioning | Bathtub |
| Freezer | Living Room |
| No Pets Allowed |
Appliances
| Range/Oven | Refrigerator |
Building
| Clubhouse | Controlled Access |
| Onsite Laundry | Residents Lounge |
Grounds
| Off-Street Parking | Smoke Free Community |
Services
| Income Restricted | On-Site Maintenance |
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
| Units | 222 |
|---|
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About Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply)
Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply) is a Gary Apartment located at 501 Madison St. The property features 1 - 4 BR rental units available starting at $926. Amenities include No Pets Allowed and On-Site Laundry. Off-Street Parking parking available. Contact us for a showing.
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 Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply) compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.2 mile away
- More space
- The 3-bedroom is 542 sqft larger than other listings nearby
- Laundry available on site
- Washers and dryers are available in-building or in-unit
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Rent trends in Downtown Gary
If you decide to upgrade your space, you can expect 2-bedrooms at Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply) to be on par with the average for similarly sized apartments in Downtown Gary.
3-bedroom apartments at Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply) cost about the same as the average rent price for 3-bedroom apartments in Downtown Gary.
Median rents as of Feb 7 2026.
Downtown Gary
Gary
| Month | Median Rent |
|---|---|
| February 2024 | $950 |
| March 2024 | $962 |
| April 2024 | $995 |
| May 2024 | $950 |
| June 2024 | $960 |
| July 2024 | $986 |
| August 2024 | $992 |
| September 2024 | $1,029 |
| October 2024 | $1,056 |
| November 2024 | $1,080 |
| December 2024 | $1,031 |
| January 2025 | $986 |
| February 2025 | $973 |
| March 2025 | $980 |
| April 2025 | $988 |
| May 2025 | $984 |
| June 2025 | $984 |
| July 2025 | $984 |
| August 2025 | $1,017 |
| September 2025 | $984 |
| October 2025 | $984 |
| November 2025 | $984 |
| December 2025 | $994 |
| January 2026 | $1,034 |
| February 2026 | $1,100 |
| Month | Median Rent |
|---|---|
| February 2024 | $1,000 |
| April 2025 | $984 |
| May 2025 | $984 |
| June 2025 | $984 |
| July 2025 | $984 |
| August 2025 | $984 |
| September 2025 | $984 |
| October 2025 | $984 |
| November 2025 | $984 |
| December 2025 | $984 |
| January 2026 | $1,024 |
Affordability calculator
Can I afford to live at 501 Madison St?
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
$37,040/yr
With your selected rent-to-income ratio, you'd ideally want to make $37,040 annually to afford this 1-bedroom median monthly rent price of $926.
For more information on rent affordability, visit our rent calculator.
Schools near Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply)
Beveridge Elementary School
1234 cleveland st
gary, IN, 46404
K-5Public
D
Frankie Woods McCullough Academy
1110 w 21st ave
gary, IN, 46407
PK, K-5Public
D+
Daniel Hale Williams Elementary School
1320 e 19th ave
gary, IN, 46407
K-5Public
D+
Bethune Early Childhood Development Center
2367 e 21st ave
gary, IN, 46407
PK, KPublic
C
Glen Park Academy for Excellence in Learning
5002 madison st
gary, IN, 46408
K-5Public
D+
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Internet available near Gary Nsa III (Affordable Housing; Income Limit Restrictions Apply)
Getting around Gary near 501 Madison St
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
6/10
Frequent public transit options are within walking distance.
Points of interest for 501 Madison St, Gary
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
4/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
6/10
Moderate amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
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Check availability
This property is intended for those with income restrictions.