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Highlights

  • Pet Friendly

Location

501 Madison Ave, Indianapolis, IN 46225, USA|Downtown Indianapolis

Floor plans

501 Madison Ave. - 304Studio1 bath500 sqftIndustrial-loft Studio available in Downtown Indy! - Available now! Industrial loft-style studio apartment available now in Downtown Indy at Lofts on Madison! Brand new kitchen with stainless steel appliances, spacious cabinets and granite countertops. All hardwood flooring. Garage parking and laundry facilities available on-site. Come see for yourself, and call 317-548-2138 for a tour today!
501 Madison Ave. - 205Studio1 bath550 sqftStudio apartment with loft in Downtown Indy! - Industrial loft-style studio apartment in Downtown Indianapolis! All hardwood flooring throughout along with updated kitchen and bath. Great location walking distance from all downtown has to offer! Garage parking available on-site! Call 317-548-2138 for a tour TODAY!
501 Madison Ave. - 202Studio1 bath550 sqftIndustrial Loft Studio in Downtown Indianapolis! - Must see! Industrial loft-style studio apartment! Hardwood floors throughout, updated kitchen and bath! Garage parking in-building. Just a short walk to everything Downtown Indy has! You will want to call this place home
501 Madison Ave. - 204Studio1 bathSpacious Loft available now! -
501 Madison Ave. - 3111 bed1 bath700 sqftHUGE 1 bedroom in industrial loft building Downtown Indianapolis - Must see! Huge one bedroom in industrial loft building located on the southside of Downtown Indianapolis! Hardwood floors, spacious floorplan, new stainless steel appliances, quartz countertops and ample cabinets! Laundry facilities and garage parking in building! Call 317-548-2138 for a private tour today!
501 Madison Ave. - 3091 bed1 bath700 sqftOne bedroom in industrial loft building in Downtown Indy! - Must see! One bedroom building adjacent to Rolls-Royce and Lucas Oil Stadium on the southside of Downtown Indy! Industrial loft vibe with modern updates to kitchen and bathroom! Garage parking and laundry facilities in-building! Call 317-548-2138 for a tour today!
501 Madison Ave. - 2111 bed1 bath800 sqftHUGE one bedroom with high ceilings in industrial loft building Downtown Indianapolis! - Must see! Huge one bedroom in industrial loft building located on the southside of Downtown Indianapolis! Hardwood floors, spacious floorplan, high ceilings, new stainless steel appliances, quartz countertops and ample cabinets! Laundry facilities and garage parking in building! Call 317-548-2138 for a private tour today!
501 Madison Ave. - 3071 bed1 bath
501 Madison Ave. - 2071 bed1 bath750 sqftUpscale Lofts Downtown Indy ! -
501 Madison Ave. - 2012 bed1 bath1,200 sqftHUGE Two bedroom in industrial-loft building in Downtown Indy! - Must see two bedroom/one bath loft in industrial building in Downtown Indy! All hardwood floors, high ceiling and updated kitchen and bath. Tons of storage. Bedrooms are blocked off from outside; perfect for the light sleeper or third-shift worker! Laundry facilities and garage parking on-site. Call 317-548-2138 for a tour today!

Available rentals nearby

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

Studio–2 Beds

$1,229–$3,835

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The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

1–2 Beds

$1,049–$1,274

featured image of 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

Studio–2 Beds

$1,175–$2,269

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

Studio–2 Beds

$1,399–$2,617

featured image of 3215 N Alton Ave

The Fields Apartment Homes

Our team has verified this company

Eagledale • 3215 N Alton Ave

1–2 Beds

$799–$1,079

featured image of 2638 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2638 Cold Spring Manor Dr

1–2 Beds

$799–$1,429

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

Studio–2 Beds

$1,195–$2,120

featured image of 4417 Linwood Ct

The Courts Apartment Homes

Our team has verified this company

Near Eastside • 4417 Linwood Ct

1–2 Beds

$799–$899

featured image of 421 N Pennsylvania St

Industry Indianapolis

Our team has verified this company

Downtown Indianapolis • 421 N Pennsylvania St

Studio–2 Beds

$1,229–$3,835

featured image of 3417 N Rybolt Ave

The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

1–2 Beds

$1,049–$1,274

featured image of 460 N White River Pkwy West Dr

Riverview

Our team has verified this company

Near Westside • 460 N White River Pkwy West Dr

Studio–2 Beds

$1,175–$2,269

featured image of 2136 Central Ave

The Grounds

Our team has verified this company

Near Northside • 2136 Central Ave

Studio–2 Beds

$1,399–$2,617

featured image of 3215 N Alton Ave

The Fields Apartment Homes

Our team has verified this company

Eagledale • 3215 N Alton Ave

1–2 Beds

$799–$1,079

featured image of 2638 Cold Spring Manor Dr

The Riverside Apartment Homes

Our team has verified this company

Marian - Cold Springs • 2638 Cold Spring Manor Dr

1–2 Beds

$799–$1,429

featured image of 3200 Dr Andrew J Brown Ave

The Domino

Our team has verified this company

Martindale - Brightwood • 3200 Dr Andrew J Brown Ave

Studio–2 Beds

$1,195–$2,120

featured image of 4417 Linwood Ct

The Courts Apartment Homes

Our team has verified this company

Near Eastside • 4417 Linwood Ct

1–2 Beds

$799–$899

Rent trends in Downtown Indianapolis

Median rents as of Sep 6 2025.
Downtown Indianapolis
Indianapolis
A table of studio rental data trends in Indianapolis
MonthMedian Rent
September 2023$1,125
October 2023$1,162
November 2023$1,024
December 2023$972
January 2024$900
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$1,063
A table of studio rental data trends in Downtown Indianapolis
MonthMedian Rent
September 2023$1,269
October 2023$1,266
November 2023$1,253
December 2023$1,288
January 2024$1,383
February 2024$1,354
March 2024$1,337
April 2024$1,324
May 2024$1,309
June 2024$1,335
July 2024$1,350
August 2024$1,361
September 2024$1,359
October 2024$1,327
November 2024$1,338
December 2024$1,332
January 2025$1,349
February 2025$1,352
March 2025$1,376
April 2025$1,553
May 2025$1,707
June 2025$1,456
July 2025$1,477
August 2025$1,450
September 2025$1,428

Schools near 501 Madison Ave.

Frederick Douglass School 19

2020 dawson st

indianapolis, IN, 46203

PK, K-8Public
C-

Ips - Butler Lab at William Bell 60

3330 n pennsylvania

indianapolis, IN, 46205

PK, K-8Public
C+

Francis Bellamy Pre-School Center

9501 e 36th st

indianapolis, IN, 46236

PKPublic
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Internet available near 501 Madison Ave.

Getting around Indianapolis near 501 Madison Ave

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

7/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.

Transit

4/10
Frequent public transit options are within walking distance.

Points of interest for 501 Madison Ave, Indianapolis

Groceries

6/10
At least one supermarket within a 20-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 15-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

6/10
Large amount of park space nearby

Nightlife

7/10
Several bars within a few minutes’ walk

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