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Highlights

  • Pet Friendly

Location

501 Madison Avenue #305, Indianapolis, Indiana 46225, United States|Downtown Indianapolis

Amenities for 501 Madison Avenue #305, Downtown Indianapolis

Apartment Amenities

Hardwood Floor

Appliances

Dishwasher

Building

Cats OKControlled Access
Dogs OKOnsite Laundry

Grounds

Assigned ParkingGarage Parking
Outdoor Space

Services

Package Service
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

Parking Policy

Assigned Parking

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Building details

Property details

Lease terms12+ months
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About 501 Madison Avenue #305

HomeApartments in IndianapolisDowntown Indianapolis 501 Madison Avenue #305, Indianapolis, Indiana 46225, United States

Live your downtown dream at 501 Madison Ave #305, where modern design meets Indy energy. This stylish studio apartment (500 sq ft) is made for easy living - bright, open and totally efficient. Natural light floods the space through large windows, giving it that warm, city-chic vibe perfect for work, study or chill. Step outside and you're in the heart of downtown Indianapolis - walk to Bottleworks District, grab tacos at Nada, coffee at Coat Check or catch a show at Gainbridge Fieldhouse just blocks away. With easy access to IndyGo transit, you're connected to everything the city has to offer. Lofts on Madison keeps it simple and convenient with on-site laundry, secured garage parking ($125/mo) and pet-friendly living (cats & small dogs welcome). Utilities are easy too - just pay your own electric, plus $42.44/month for water, sewer & trash. All residents are automatically enrolled in our Resident Benefits Package ($36.95/mo) - get perks like credit building, air filter delivery and more. Move fast - stylish downtown living like this doesn't last long. 501 Madison #305 is your perfect city base to live, work and play. Pet Friendly, Controlled Access, Courtyard, Dishwasher, Microwave, Range Oven, Refrigerator, Window Coverings, Laundry Room, Hardwood, Tile & Central. Provided by rentalsource com


Lease Terms
Deposit: $0. Lease Term: 1 year.

Address details

NeighborhoodDowntown Indianapolis
Zip code46225
TypeApartment for rent

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Rent trends in Downtown Indianapolis

1-bedroom apartments at 501 Madison Avenue #305 cost about 33% less than the average rent price for 1-bedroom apartments in Downtown Indianapolis.

Median rents as of Dec 13 2025.
Downtown Indianapolis
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
December 2023$1,050
January 2024$1,060
February 2024$986
March 2024$1,104
April 2024$1,129
May 2024$1,132
June 2024$1,076
July 2024$1,081
August 2024$1,126
September 2024$1,123
October 2024$1,143
November 2024$1,126
December 2024$1,125
January 2025$1,152
February 2025$1,150
March 2025$1,087
April 2025$1,024
May 2025$1,087
June 2025$1,098
July 2025$1,090
August 2025$1,097
September 2025$1,105
October 2025$1,080
November 2025$1,046
December 2025$1,053
A table of 1-bedroom apartment rental data trends in Downtown Indianapolis
MonthMedian Rent
December 2023$1,590
January 2024$1,595
February 2024$1,451
March 2024$1,466
April 2024$1,539
May 2024$1,519
June 2024$1,519
July 2024$1,484
August 2024$1,492
September 2024$1,469
October 2024$1,429
November 2024$1,423
December 2024$1,470
January 2025$1,481
February 2025$1,500
March 2025$1,550
April 2025$1,615
May 2025$1,659
June 2025$1,651
July 2025$1,656
August 2025$1,637
September 2025$1,597
October 2025$1,604
November 2025$1,617
December 2025$1,639

Schools near 501 Madison Avenue #305

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 Avenue #305

Getting around Indianapolis near 501 Madison Avenue #305

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 Avenue #305, 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

Explore the area around 501 Madison Avenue #305

Market Square Tap Room
320 E Market St
Whole Foods Market
320 E Market St
Ghotra Partners Inc
1402 S Meridian St
City Dogs Grocery
1028 Virginia Ave
Needler's Fresh Market
320 N New Jersey St

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