Zumper

Alert me when this rental is available.

modified
5+ Days Ago

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
Advertisement

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

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.
Advertisement

Available rentals nearby

featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1 Bed

$1,198–$1,229

featured image of 3417 N Rybolt Ave

The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

1 Bed

$949

featured image of 240 N Warman Ave

Near Westside • 240 N Warman Ave

1 Bed

$1,175

featured image of 1510 Stadium Way

Near Northwest - Riverside • 1510 Stadium Way

1 Bed

$1,185–$1,221

featured image of 339 W 32nd St

Near Northwest - Riverside • 339 W 32nd St

1 Bed

$1,018

featured image of 1918 W Washington St #1

Near Westside • 1918 W Washington St #1

1 Bed

$1,099

featured image of 111 E 16th St #205

Near Northside • 111 E 16th St #205

1 Bed

$995

featured image of 783 Woodruff Place East Dr #783

Near Eastside • 783 Woodruff Place East Dr #783

1 Bed

$1,050

featured image of 530 E Ohio St

Maxwell Apartments

Our team has verified this company

Downtown Indianapolis • 530 E Ohio St

1 Bed

$1,198–$1,229

featured image of 3417 N Rybolt Ave

The Cedars Apartment Homes

Our team has verified this company

Eagledale • 3417 N Rybolt Ave

1 Bed

$949

featured image of 240 N Warman Ave

Near Westside • 240 N Warman Ave

1 Bed

$1,175

featured image of 1510 Stadium Way

Near Northwest - Riverside • 1510 Stadium Way

1 Bed

$1,185–$1,221

featured image of 339 W 32nd St

Near Northwest - Riverside • 339 W 32nd St

1 Bed

$1,018

featured image of 1918 W Washington St #1

Near Westside • 1918 W Washington St #1

1 Bed

$1,099

featured image of 111 E 16th St #205

Near Northside • 111 E 16th St #205

1 Bed

$995

featured image of 783 Woodruff Place East Dr #783

Near Eastside • 783 Woodruff Place East Dr #783

1 Bed

$1,050

Rent trends in Downtown Indianapolis

1-bedroom apartments at 501 Madison Avenue #305 cost about 34% less than the average rent price for 1-bedroom apartments in Downtown Indianapolis.

Median rents as of Jan 31 2026.
Downtown Indianapolis
Indianapolis
A table of 1-bedroom apartment rental data trends in Indianapolis
MonthMedian Rent
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$1,048
January 2026$1,017
A table of 1-bedroom apartment rental data trends in Downtown Indianapolis
MonthMedian Rent
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$1,602
January 2026$1,606

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
Powered byniche.com
Advertisement

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

Notify me

We’ll let you know when this property is available and send you similar listings.

Full name*
Move-in date*
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 501 Madison Avenue #305, Indianapolis, Indiana 46225, United States.