Apartment for rent

14 Hours Ago

8.5

Very Good

Madison Apartment Homes
495 Madison Ave # 525, Calumet City, IL 60409, USA

Your Management Team

495 Madison Ave # 525, Calumet City, IL 60409, USA

8.5

Very Good

Monthly rent	$895–$1,050
Beds	Studios–1
Baths	1
Sqft	400–595

Monthly rent	$895–$1,050
Beds	Studios–1
Baths	1
Sqft	400–595

14 Hours Ago

Highlights

Spacious 1 bedroom
Beautiful hardwood floors
No smoking
Eat in kitchen
Laundry room on site

Location

495 Madison Ave # 525, Calumet City, IL 60409, USA

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Contact

Managed by

Management

Your Management Team

Leasing office

(844) 331-7289 ext. 4112

Property Overview

Madison Apartment Homes presents an impressive overall picture for potential renters, highlighted by an expert rating of 8.5 out of 10 and a superior balance of price and value with a perfect price rating. The property features spacious 1-bedroom layouts, beautiful hardwood floors, and convenient amenities such as an eat-in kitchen and on-site laundry. Additionally, its prime location near popular points of interest contributes to an excellent living experience, supported by a solid trustworthiness rating that reflects transparency and reliability in property management.

Zumper Expert Rating

8.5

Very Good

With a solid 8.5 out of 10 overall, Madison Apartment Homes is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Madison Apartment Homes has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

Middle school nearby
Less expensive

Floor plans

	Madison Apartment Homes - 511-1...	Studio	1 bath	400 sqft	$895 /mo	1 unit available			Updated Studio/1 Bath unit Apartment available. Beautiful Hardwood floors Freshly Painted, Eat In Kitchen, Includes Stove, Refrigerator. Tenant pays Electric Bill. Laundry room on site. NO PETS NO EVICTIONS NO SMOKING. Minimum credit score (CS) 550 and 2.5 RIR (rent-to-income ratio). Permit Parking!
	Madison Apartment Homes - 525-1...	1 bed	1 bath	595 sqft	$1,050 /mo				Spacious 1 Bedroom Apartment available. Beautiful Hardwood floors Freshly Painted, Eat In Kitchen, Includes Stove, Refrigerator. Tenant pays ONLY Electric Bill. Climate controlled by tenant, own thermostat for heat! Laundry room on site. No Pets No Evictions No Smoking. Minimum credit score (CS) 550 and 2.5 RIR (rent-to-income ratio). Security Deposit required and based on credit.

Let's explore this property.

Amenities for Madison Apartment Homes

Apartment Amenities

Gas Utilities	Hot Water
Trash Included	Utilities/Sewer

Building

Onsite Laundry

Services

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

Contact for more information on pet policy.

Required one-time fees

Security Deposit	$0

Building details

Property details

Units	1

About Madison Apartment Homes

Home

Apartments in Calumet City

Madison Apartment Homes

Updated Studio/1 Bath unit Apartment available. Beautiful Hardwood floors Freshly Painted, Eat In Kitchen, Includes Stove, Refrigerator. Tenant pays Electric Bill. Laundry room on site. NO PETS NO EVICTIONS NO SMOKING. Minimum credit score (CS) 550 and 2.5 RIR (rent-to-income ratio). Permit Parking!

Zumper Expert Rating

8.5

/10

Very Good

How we rated Madison Apartment Homes

Price·10

Madison Apartment Homes 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·9

Madison Apartment Homes goes above and beyond to provide sought-after conveniences and desirable perks, including on-site maintenance. Renters looking for popular or luxurious features will find them here—and for that reason, Madison Apartment Homes receives one of the highest amenities scores.

Location·9

Madison Apartment Homes is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.

Quality·6

While Madison Apartment Homes does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·7

Madison Apartment Homes provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Property highlights

How Madison Apartment Homes compares to other nearby properties.

Positives

Middle school nearby: There is a middle school 1 mile away
Less expensive: The 1-bedrooms are cheaper than other similar listings nearby

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Rent trends in Calumet City

Studio apartments at Madison Apartment Homes cost about 5% more than the average rent price for studios in Calumet City.

1-bedroom apartments here are priced 2% higher than 1-bedrooms in Calumet City.

Median rents as of Sep 21 2024.

Calumet City

Affordability calculator

Can I afford to live at 495 Madison Ave # 525?

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

$35,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $35,800 annually to afford this studio monthly rent price of $895.

For more information on rent affordability, visit our rent calculator.

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