Zumper
modified
Updated 18 Hours Ago

Highlights

  • Dishwasher
  • Spacious apartment homes
  • Ceiling fans
  • Washer dryer hookups
  • Landscaped parks
  • Central air

Location

2901 W. Madison Street Louisville, KY|Old Louisville
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Tour Madison

Contact

pmc-logo

Management

L.E.A. Properties LLC DBA Beacon

Our team has verified this company

Leasing office

(502) 610-4306

Open 

Monday 8:00 am–4:00 pm ET

Property Overview

Madison earns a standout Zumper Expert Rating of 9.8/10, with top marks for price, location, quality, and trustworthiness, plus strong amenities overall. It also offers value for money in the 80th percentile and features spacious apartment homes, central air, dishwasher, ceiling fans, washer dryer hookups, and landscaped parks.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.8
Excellent
Earning an outstanding 9.8 out of 10 overall rating, Madison is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.

Things you’ll love

  • Less expensive
  • More space

Floor plans

Two Bedroom2 bed1 bath800 sqft$819 /mo1 unit available
Three Bedroom3 bed1.5 bath1,100 sqft$946 /mo1 unit available

Let's explore this property.

Income restriction requirements

To qualify for this property, your annual income must be less than or equal to the amount in the table, depending on the number of people that will be living here. Contact the property for more information.

# of People

Annual Income Maximum

1$33,850
2$38,650
3$43,500
4$48,300
5$52,200
6$56,050

Amenities for Madison

Appliances

DishwasherGarbage Disposal

Building

Smoke-free

Grounds

CourtyardOff-Street Parking
Playground

Neighborhood

Public Parks Nearby
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
Building details

Property details

Units36

About Madison

Managed by L.E.A. Properties LLC DBA Beacon
L.E.A. Properties LLC DBA Beacon 1 of 4L.E.A. Properties LLC DBA Beacon 2 of 4L.E.A. Properties LLC DBA Beacon 3 of 4L.E.A. Properties LLC DBA Beacon 4 of 4
HomeApartments in LouisvilleOld Louisville Madison

Madison Apartments is a Garden Style walk up community located in the Russel Neighbor of Louisville Kentucky. It features spacious 20 two-bedroom and 16 three-bedroom apartment homes. Each unit has Washer Dryer Hookups, Dishwasher, Ceiling Fans and Central Air! Madison Apartments is located near a bus line and within 5 miles you will find shopping, groceries, and landscaped parks for your enjoyment.


Go to property website

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.8
/10
Excellent
Earning an outstanding 9.8 out of 10 overall rating, Madison is a shining example of a what an exceptional rental property looks like. Most noteworthy, it excels at Price and Location—these two characteristics alone make this property an excellent choice for anyone seeking an elevated lifestyle with few trade-offs.
How we rated Madison
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Madison offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Madison goes above and beyond to provide sought-after conveniences and desirable perks, including courtyard. Renters looking for popular or luxurious features will find them here—and for that reason, Madison receives one of the highest amenities scores.
Location·10A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Madison offers residents unparalleled convenience to popular points of interest, transportation, schools, and more, which provide an elevated quality of life. Communication with management is usually quick and easy, allowing for a more expedited application and renting process, saving you time and money.
Quality·10A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Madison has notable characteristics that give it an edge. It is a verified property that stands out from others nearby as an exceptional choice for renters looking for a specific lifestyle. Offering a combination of prestige, modernity, and tailored living experiences, residents can expect nothing short of excellence at Madison.
Trustworthiness·10A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Madison sets a high bar for up-to-date information, transparency, and thoroughness in marketing and communication. It's verified, offers multiple lifestyle photos, and provides detailed information about its features and attributes. The clarity it provides sets it apart from other rentals, making Madison a trustworthy choice for potential residents.

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 Madison compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Less expensive
The 3-bedrooms are cheaper than other similar listings nearby
More space
The 3-bedroom is 100 sqft larger than other listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 0.8 miles away
Greater distance from middle schools
The nearest middle school is farther than 0.8 miles away

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Managed by L.E.A. Properties LLC DBA Beacon

L.E.A. Properties LLC DBA Beacon

Beacon is a limited-liability company founded in 1998 to develop and manage a diverse portfolio of affordable housing. SOCAYR Inc. is a non-profit, 501c3, founded in 1998 to continue in the development and management of affordable housing. The Property Management Division has been successful in conducting lease ups of over 50 new properties since its inception. Currently, there are 96 communities comprised of 5,881 housing units managed by Beacon Property Management. Our staff is seasoned, experienced, and certified. Beacon currently employs more than 140 housing professionals in various capacities.

Rent trends in Old Louisville

If you decide to upgrade your space, you can expect 2-bedrooms at Madison to be 27% less than the average for similarly sized apartments in Old Louisville.

3-bedroom apartments at Madison cost about 23% less than the average rent price for 3-bedroom apartments in Old Louisville.

Median rents as of Oct 24 2026.
Old Louisville
Louisville
A table of studio rental data trends in Louisville
MonthMedian Rent
November 2024$881
December 2024$884
January 2025$918
February 2025$904
March 2025$891
April 2025$893
May 2025$898
June 2025$867
July 2025$874
August 2025$875
September 2025$907
October 2025$929
November 2025$935
December 2025$964
January 2026$971
February 2026$933
March 2026$913
April 2026$915
May 2026$899
June 2026$882
July 2026$890
August 2026$860
September 2026$895
October 2026$850
A table of studio rental data trends in Old Louisville
MonthMedian Rent
November 2024$722
December 2024$705
January 2025$746
February 2025$810
March 2025$745
April 2025$724
May 2025$745
June 2025$749
July 2025$759
August 2025$764
September 2025$721
October 2025$724
November 2025$801
December 2025$825
January 2026$787
February 2026$764
March 2026$775
April 2026$777
May 2026$819
June 2026$757
July 2026$794
August 2026$796
September 2026$790
October 2026$740

Affordability calculator

Can I afford to live at 2901 W. Madison Street Louisville?

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

$32,760/yr

With your selected rent-to-income ratio, you'd ideally want to make $32,760 annually to afford this 2-bedrooms monthly rent price of $819.
For more information on rent affordability, visit our rent calculator.

Schools near Madison

Engelhard Elementary School

1004 s first st

louisville, KY, 40203

K-5Public
C

Dawson Orman Education Center

900 s floyd st

louisville, KY, 40203

PKPublic

Pathfinder School of Innovation

900 s floyd st

louisville, KY, 40203

K-12Public
C-

Churchill Park School

435 boxley ave

louisville, KY, 40209

PK, K-12Public

Home of the Innocents Discovery

1100 east market st

louisville, KY, 40206

PK, K-12Public
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Neighborhood

Old Louisville | Louisville, KY

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around KY near 2901 W. Madison Street Louisville

Walking

1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

2/10
Heads up, bike lanes and cyclist-friendly streets aren’t common.

Points of interest for 2901 W. Madison Street Louisville, KY

Groceries

0/10
Few or no groceries within a short drive

Shopping

1/10
Few or no shops within a short drive

Cafes

0/10
Few or no cafés within a short drive

Restaurants

2/10
Some restaurants within a short drive

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

0/10
Few or no bars within a short drive

Explore the area around 2901 W. Madison Street Louisville

5 Brothers Grocery & Smokeshop
1159 S 4th St
4 Point Grocery
1035 S 3rd St
Oak Street Food Mart
329 E Oak St
Jordan Food Mart of Louisville
1203 W Hill St
Marketplace
651 S 4th St

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This property is intended for those with income restrictions.
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