Highlights
- On site laundry
- Hvac with central air
- Newer kitchen
- New flooring throughout
Location
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Property management
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The Madison features a notable combination of amenities, including on-site laundry and a newer kitchen, supported by an impressive overall Zumper expert rating of 8.4. It excels with a competitive price rating of 10 and a location rating of 9, indicating exceptional value and convenience for renters. Additionally, the property’s transparency is reflected in a trustworthiness rating of 8, complemented by an extensive presentation of 13 photos that enhance the viewing experience.
Things you’ll love
| 1BR/1.0BA | 1 bed | 1 bath | 550 sqft | $650 /mo | 2 units available | No pets! * New flooring throughout * Freshly painted throughout * Newer Kitchen * Newer Stainless steel appliances (Refrigerator, Range/Oven) * HVAC with Central Air * Open Parking Lot * On Site Laundry * 1 bedroom * Tenants will be responsible for Ameren/Spire, & Cable/Internet * Sorry but no pets. Professionally managed by Meramec Valley Properties Management If you have a past problem with a landlord, please be prepared to explain your situation and to provide us their contact information. Please note that due to the fair housing act we must select tenants with the strongest background checks. Please have verifiable income or be prepared to pay higher security deposit. No one with a felony in which they harmed another person will be considered. By law MVPm is able to set minimum standards for applicants with regards to qualifications for occupancy. Our qualifications are as follows: * Must complete a background check – cost $75.00 for the first person and $75.00 for each additional person. *Note: MVPm pays $45 per person per check. The additional money helps defer the expense of the labor in the coordination of the leasing activity. * Verifiable monthly gross income must be at least 3 times the monthly rent. *Applicant must: * Be in the United States lawfully. * Not be wanted by any Law Enforcement Agency. * Be above age 18. * Have photographic proof of identification from an approved government agency at time of application and lease signing. * Not have engaged in any Felony within the past 7 years in which such person was guilty of a crime in which another person was harmed intentionally or otherwise. * Have no more than a either of the following in the past five years: * 1 eviction (see below for evictions) * 1 Bankruptcy and/or foreclosure If tenant(s) meet the above qualifications, leasing security deposits are determined as follows based on credit scores: • 625 and higher – 1 month security deposit (SD) • 575 – 624 – 1.5 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • 525 – 574 – 2 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • Under 525 – 2 months (SD) plus a qualified guarantor. Should a co signer be required please note the qualifications: Must submit an applicaiton Credit score of 625 or Higher No Evictions, Bankruptcy, or Foreclosures on File No Felonies within 7 years Meet income requirements and have garnishable income If approved, must be willing to sign lease as financial guarantor Income • Net combined income of applicants in excess of 2.5 times monthly rent (or 3 times gross) is required to rent the unit being applied for. Income from employment is required – a minimum of 1 month. A qualified assistance agency, SSI or other “non-garnishable” incomes may be considered for purposes of income verification to meet the required thresholds WE DO WORK WITH PEOPLE THAT HAVE CREDIT PROBLEMS - extra-security deposits or lease co-signer may apply. If you have a past problem with a landlord, please be prepared to explain your situation and to provide us their contact information. Please note that due to the fair housing act we must select tenants with the strongest background checks. Please have verifiable income or be prepared to pay higher security deposit. All Meramec Valley Properties Management residents are enrolled in the Resident Benefits Package (RBP) for $35.95/month which inclu.. |
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No pets allowed.
Questions about this property’s policies and fees?
| Units | 2 |
|---|
No pets! * New flooring throughout * Freshly painted throughout * Newer Kitchen * Newer Stainless steel appliances (Refrigerator, Range/Oven) * HVAC with Central Air * Open Parking Lot * On Site Laundry * 1 bedroom * Tenants will be responsible for Ameren/Spire, & Cable/Internet * Sorry but no pets. Professionally managed by Meramec Valley Properties Management If you have a past problem with a landlord, please be prepared to explain your situation and to provide us their contact information. Please note that due to the fair housing act we must select tenants with the strongest background checks. Please have verifiable income or be prepared to pay higher security deposit. No one with a felony in which they harmed another person will be considered. By law MVPm is able to set minimum standards for applicants with regards to qualifications for occupancy. Our qualifications are as follows: * Must complete a background check – cost $75.00 for the first person and $75.00 for each additional person. *Note: MVPm pays $45 per person per check. The additional money helps defer the expense of the labor in the coordination of the leasing activity. * Verifiable monthly gross income must be at least 3 times the monthly rent. *Applicant must: * Be in the United States lawfully. * Not be wanted by any Law Enforcement Agency. * Be above age 18. * Have photographic proof of identification from an approved government agency at time of application and lease signing. * Not have engaged in any Felony within the past 7 years in which such person was guilty of a crime in which another person was harmed intentionally or otherwise. * Have no more than a either of the following in the past five years: * 1 eviction (see below for evictions) * 1 Bankruptcy and/or foreclosure If tenant(s) meet the above qualifications, leasing security deposits are determined as follows based on credit scores: • 625 and higher – 1 month security deposit (SD) • 575 – 624 – 1.5 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • 525 – 574 – 2 months (SD) o If eviction or foreclosure in last 5 years – a qualified guarantor must co-sign at time of lease. • Under 525 – 2 months (SD) plus a qualified guarantor. Should a co signer be required please note the qualifications: Must submit an applicaiton Credit score of 625 or Higher No Evictions, Bankruptcy, or Foreclosures on File No Felonies within 7 years Meet income requirements and have garnishable income If approved, must be willing to sign lease as financial guarantor Income • Net combined income of applicants in excess of 2.5 times monthly rent (or 3 times gross) is required to rent the unit being applied for. Income from employment is required – a minimum of 1 month. A qualified assistance agency, SSI or other “non-garnishable” incomes may be considered for purposes of income verification to meet the required thresholds WE DO WORK WITH PEOPLE THAT HAVE CREDIT PROBLEMS - extra-security deposits or lease co-signer may apply. If you have a past problem with a landlord, please be prepared to explain your situation and to provide us their contact information. Please note that due to the fair housing act we must select tenants with the strongest background checks. Please have verifiable income or be prepared to pay higher security deposit. All Meramec Valley Properties Management residents are enrolled in the Resident Benefits Package (RBP) for $35.95/month which inclu..
How The Madison compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Madison cost about 17% less than the average rent price for 1-bedroom apartments in Spanish Lake.
| Month | Median Rent |
|---|---|
| November 2023 | $700 |
| December 2023 | $700 |
| January 2024 | $700 |
| February 2024 | $700 |
| March 2024 | $700 |
| April 2024 | $700 |
| May 2024 | $700 |
| June 2024 | $700 |
| July 2024 | $681 |
| August 2024 | $705 |
| September 2024 | $700 |
| October 2024 | $718 |
| November 2024 | $775 |
| December 2024 | $775 |
| January 2025 | $775 |
| February 2025 | $775 |
| March 2025 | $775 |
| April 2025 | $775 |
| May 2025 | $850 |
| June 2025 | $803 |
| July 2025 | $835 |
| August 2025 | $819 |
| September 2025 | $782 |
| October 2025 | $782 |
| Month | Median Rent |
|---|---|
| November 2023 | $700 |
| December 2023 | $700 |
| January 2024 | $700 |
| February 2024 | $700 |
| March 2024 | $700 |
| April 2024 | $700 |
| May 2024 | $700 |
| June 2024 | $700 |
| July 2024 | $681 |
| August 2024 | $705 |
| September 2024 | $700 |
| October 2024 | $700 |
| November 2024 | $775 |
| December 2024 | $775 |
| January 2025 | $775 |
| March 2025 | $775 |
| April 2025 | $775 |
| May 2025 | $850 |
| June 2025 | $800 |
| July 2025 | $850 |
| August 2025 | $819 |
| September 2025 | $782 |
| October 2025 | $782 |
Can I afford to live at 1585 Leonaire Ct?
Bedrooms
1 bedroomRent-to-income ratio
30%
$26,000/yr
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