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Management
Karya Property Management LLC
Our team has verified this companySouth and Madison has received a strong expert rating on Zumper, indicating its appeal in the market. Key pros include its prime location and modern amenities, making it ideal for urban living. Notably, the property features contemporary design elements and convenient access to public transportation, enhancing its attractiveness to potential renters.
Things you’ll love
More space| E2 | Studio | 1 bath | 681 sqft | $809 /mo | 4 units available | Flat | |
| E1 | Studio | 1 bath | 448 sqft | $809 /mo | 1 unit available | Flat | |
| Suite H, I | Studio | 0 bath | 1,450 sqft | $958 /mo | Flat | ||
| A1 | 1 bed | 1 bath | 700 sqft | $830 /mo | 2 units available | Flat | |
| A1 | 1 bed | 1 bath | 700 sqft | $943–$1,038 /mo | Flat | ||
| A1 | 1 bed | 1 bath | 700 sqft | $955–$990 /mo | Flat | ||
| A2 | 1 bed | 1 bath | 740 sqft | $1,137–$1,167 /mo | Flat | ||
| A4 | 1 bed | 1 bath | 815 sqft | $1,188 /mo | Flat | ||
| A3 | 1 bed | 1.5 bath | 765 sqft | $1,188–$1,198 /mo | Townhome | ||
| A3 | 1 bed | 1 bath | 765 sqft | $1,188–$1,198 /mo | Townhome | ||
| B2 | 2 bed | 1 bath | 865 sqft | $1,030–$1,065 /mo | 3 units available | Flat | |
| B4 | 2 bed | 1.5 bath | 975 sqft | $1,110 /mo | 1 unit available | Townhome | |
| B2 | 2 bed | 1 bath | 865 sqft | $1,115–$1,240 /mo | Flat | ||
| B1 | 2 bed | 1 bath | 850 sqft | $1,140 /mo | Flat | ||
| B2 | 2 bed | 1 bath | 865 sqft | $1,175 /mo | |||
| B4 | 2 bed | 1.5 bath | 975 sqft | $1,215 /mo | Townhome | ||
| B4 | 2 bed | 1.5 bath | 975 sqft | $1,215–$1,285 /mo | Townhome | ||
| B3 | 2 bed | 1 bath | 960 sqft | $1,300 /mo | Flat | ||
| C1 | 3 bed | 2 bath | 1,075 sqft | $1,263 /mo | 1 unit available | Flat | |
| C1 | 3 bed | 2 bath | 1,075 sqft | $1,293 /mo | 3 units available | Flat | |
| C2 | 3 bed | 2 bath | 1,300 sqft | $1,538–$1,578 /mo | Townhome | ||
| C2 | 3 bed | 2 bath | 1,300 sqft | $1,568–$1,578 /mo | Townhome |
Let's explore this property.
Apartment Amenities
| Personal Patio or Balcony |
Building
| 24-hour a day Emergency Maintenance | Cats OK |
| Clubhouse | Dogs OK |
| Laundry Facilities in Each Building | State-Of-The-Art Fitness Center with Yoga Room |
Grounds
| Pet-Friendly Community | Picnic and Grilling Area |
| Relaxing Sundeck | Sparkling Swimming Pool |
Services
| Friendly, Attentive On-Site Staff | On-Site Professional Management Staff |
Other
| Online Resident Portal Pay Rent & Schedule |
One-time. Agent application fee.
One-time. Refundable.
Monthly. 2 dogs max. We are a pet-friendly community! Call us today to learn more about our pet policy.
One-time fee per pet.
Monthly. 2 cats max.
One-time fee per pet.
Questions about this property’s policies and fees?
| Units | 225 |
|---|
South & Madison, pet-friendly apartments in Indianapolis, Indiana, emanate a small-town charm and an urban cosmopolitan feel. Our apartments are a short drive from Internet 65 and downtown, where you can find spectacular shopping centers, excellent cuisine, and endless entertainment. Our spacious studio, one, two, and three-bedroom floor plan apartments in Indianapolis, IN, offer modern finishes and designer touches. Don't miss our hardwood-style flooring throughout the main living area, fully updated kitchens with modern black appliances, and tiled backsplashes. You'll love our excellent community amenities, with a clubhouse, sparkling swimming pool, and more!
How South and Madison compares to other nearby properties.
Positives
Considerations
Our goal is to ensure that managed properties are optimized in every aspect from marketing, tenant satisfaction and retention, expense management, revenue optimization, and overall management to yield maximum levels of net operating income, while providing our clients with the highest levels of transparency, controls, and integrity.
Studio apartments at South and Madison cost about 2% more than the average rent price for studios in South Perry.
1-bedroom apartments here are priced 20% lower than 1-bedrooms in South Perry.
If you decide to upgrade your space, you can expect 2-bedrooms at South and Madison to be 17% less than the average for similarly sized apartments in South Perry.
3-bedroom apartments at South and Madison cost about 16% less than the average rent price for 3-bedroom apartments in South Perry.
| Month | Median Rent |
|---|---|
| February 2024 | $908 |
| March 2024 | $1,040 |
| April 2024 | $1,074 |
| May 2024 | $1,117 |
| June 2024 | $1,171 |
| July 2024 | $1,091 |
| August 2024 | $1,047 |
| September 2024 | $1,090 |
| October 2024 | $1,131 |
| November 2024 | $1,126 |
| December 2024 | $1,105 |
| January 2025 | $1,194 |
| February 2025 | $1,191 |
| March 2025 | $1,151 |
| April 2025 | $1,121 |
| May 2025 | $1,139 |
| June 2025 | $1,158 |
| July 2025 | $1,185 |
| August 2025 | $1,178 |
| September 2025 | $1,065 |
| October 2025 | $1,063 |
| November 2025 | $1,048 |
| December 2025 | $1,029 |
| January 2026 | $1,039 |
| Month | Median Rent |
|---|---|
| August 2024 | $840 |
| September 2024 | $840 |
Can I afford to live at 1834 Madison Village Dr?
Bedrooms
Rent-to-income ratio
30%
$32,360/yr
261 e anniston dr
indianapolis, IN, 46227
5225 gray rd
indianapolis, IN, 46227
South Perry | Indianapolis, IN
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$1,175–$1,793
Downtown Indianapolis • 421 N Pennsylvania St
Studio–2 Beds
$1,449–$2,205
I65-South Emerson • 6810 Valley Ridge Dr
1–3 Beds
$1,000–$8,405
Edgewood • 4725 Madison Ave
Studio–2 Beds
$635–$950
I65-South Emerson • 5140 Emerson Village Pl
1–2 Beds
$975–$1,331
Linden Wood • 7266 Lockwood Ln
1–2 Beds
$1,060–$1,440
Near Westside • 460 N White River Pkwy West Dr
Studio–2 Beds
$1,175–$1,793
