Updated 5+ Days Ago
Highlights
- Off-street parking
- Fully renovated unit
Location
4611 S Madison St, Muncie, IN 47302, USA
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Property Overview
4611 South Madison Street offers off-street parking and a fully renovated unit, with an overall Zumper Expert Rating of 7.8 out of 10. It stands out for strong value, excellent price and amenities scores, a highly rated location, and a trustworthy listing, while also ranking in the 100th percentile for value for money.
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.
Things you’ll love
Less expensive
Floor plans
| 4611 South Madison Street - Unit 08 - 8 | Studio | 1 bath | $600 /mo | Fully Renovated Unit with Off-Street Parking | 4611 South Madison Street, Unit 8, Muncie, IN 4611 South Madison Street, Unit 8, Muncie, IN 47302 Now available for lease, this fully renovated unit offers an updated living space with practical features for everyday living. The unit includes one bathroom and convenient off-street parking. The property is total electric, and the tenant provides their own window air conditioning unit. Photos are not yet available and will be added soon. Monthly Rent: $600 Security Deposit: $600 Lease Term: 1 Year Available: September 21, 2026 Key Features - 1 Bathroom - Fully renovated - Total electric - Off-street parking - Tenant provides window A/C - 1-Year Lease - Available September 21, 2026 Pet Policy Pets allowed with additional fees Refundable Pet Deposit (non-caged animals): $350 per animal Processing Fee (non-refundable): $100 per animal (one-time) Domestic Dogs Monthly Fees: 1–39 lbs: $30/mo | 40–99 lbs: $40/mo | 100+ lbs: Subject to owner approv |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Building details
Property details
| Units | 1 |
|---|
About 4611 South Madison Street
Fully Renovated Unit with Off-Street Parking | 4611 South Madison Street, Unit 8, Muncie, IN 4611 South Madison Street, Unit 8, Muncie, IN 47302 Now available for lease, this fully renovated unit offers an updated living space with practical features for everyday living. The unit includes one bathroom and convenient off-street parking. The property is total electric, and the tenant provides their own window air conditioning unit. Photos are not yet available and will be added soon. Monthly Rent: $600 Security Deposit: $600 Lease Term: 1 Year Available: September 21, 2026 Key Features - 1 Bathroom - Fully renovated - Total electric - Off-street parking - Tenant provides window A/C - 1-Year Lease - Available September 21, 2026 Pet Policy Pets allowed with additional fees Refundable Pet Deposit (non-caged animals): $350 per animal Processing Fee (non-refundable): $100 per animal (one-time) Domestic Dogs Monthly Fees: 1–39 lbs: $30/mo | 40–99 lbs: $40/mo | 100+ lbs: Subject to owner approval Maximum of 2 dogs allowed Tenant Qualification Summary Gross household income must be at least 3x the monthly rent No history of evictions or serious criminal activity Minimum credit score of 500
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.
7.8
/10
Very Good4611 South Madison Street is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A 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.
Scoring a 8/10, 4611 South Madison Street is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A 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.
With multiple in-demand amenities, 4611 South Madison Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
4611 South Madison Street 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·6A 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.
While 4611 South Madison Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
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 4611 South Madison Street compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1.2 miles away
- Distance from grocery stores
- The nearest grocery store is 2.6 miles away
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in Muncie
studio apartments at 4611 South Madison Street cost about 12% less than the average rent price for studio apartments in Muncie.
Median rents as of Oct 17 2026.
Muncie
| Month | Median Rent |
|---|---|
| November 2024 | $560 |
| December 2024 | $611 |
| January 2025 | $563 |
| February 2025 | $562 |
| March 2025 | $576 |
| April 2025 | $576 |
| May 2025 | $624 |
| June 2025 | $637 |
| July 2025 | $650 |
| August 2025 | $614 |
| September 2025 | $569 |
| October 2025 | $572 |
| November 2025 | $577 |
| December 2025 | $585 |
| January 2026 | $579 |
| February 2026 | $594 |
| March 2026 | $602 |
| April 2026 | $642 |
| May 2026 | $653 |
| June 2026 | $663 |
| July 2026 | $698 |
| August 2026 | $699 |
| September 2026 | $708 |
| October 2026 | $693 |
Affordability calculator
Can I afford to live at 4611 S Madison St?
Bedrooms
StudioRent-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
$24,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $24,000 annually to afford this studio monthly rent price of $600.
For more information on rent affordability, visit our rent calculator.
Schools near 4611 South Madison Street
Grissom Elementary School
3201 s macedonia ave
muncie, IN, 47302
PK, K-5Public
C-
Youth Opportunity Center
3700 w kilgore ave
muncie, IN, 47304
K-12Public
Muncie Central High School
801 n walnut st
muncie, IN, 47305
PK, K-12Public
B-
Burris Laboratory School
2000 university ave
muncie, IN, 47306
K-12Public
A-
Indiana Digital Learning School
8707 w us hwy 36
modoc, IN, 47358
K-6Public
C-
Neighborhood
Getting around Muncie near 4611 S Madison St
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 4611 S Madison St, Muncie
Groceries
5/10
Variety of groceries within a short drive
Shopping
3/10
Some shops within a short drive
Cafes
2/10
Few or no cafés within a short drive
Restaurants
4/10
Some restaurants within a short drive
Primary schools
1/10
Closest elementary school further than a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Nightlife
2/10
Some bars within a short drive
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