1301 S Madison St. Building Type: Townhome. Bedrooms: 3. Bathrooms: 2 full. 1 Half. Lease Terms: 50 week lease with 12 equal rent installments.
Amenities: Features: Parking, Private Deck, Private Entrance. A/C: (Central), Heat: (Electric) Appliances: Stove, Refrigerator, Dishwasher, Washer/Dryer. Laundry: In Unit. Trash: Not Included - City of Bloomington Pick-Up. Cable: Ready. Internet: Ready. Utilities: Not Included. Lawncare: Included.
Pets: Cats Allowed with Management Approval. Limits: (2 pets; 25 lbs or less) Pet Deposit: $125 per pet. Pet Fee: $35/month per pet. 24 Hour Emergency Maintenance Available.
Transportation And Location: Parking: Private Lot Parking. Bus Stop: Rogers and Driscoll (2 Bus) Distance to Campus: Kelley School of Business (2.4 miles), Union (2.0 miles), Jacobs School of Music (2.1 miles) Nearby: B-line Trail, Hopscotch Coffee, Feast Market Cellar, Cardinal Distillery.
51 days on RentalSource
RentalSource last checked: 4 hours ago · Listing updated: October 25, 2026
Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.
Property Summary
Property Type:
Townhouse
Rental Fee:
$1,590
Bedrooms:
3 beds
Bathrooms:
2.5 baths
Size:
1,440 sqft
Pets:
Yes
Laundry:
In unit
Parking:
Yes
Available:
August 18, 2027
ID:
84369870
Amenities
•Washer/Dryer In Unit
•Air Conditioning
•Parking
•Dishwasher
•24-Hour Maintenance
•Balcony/Patio
•High-Speed Internet
•Refrigerator
Leasing Information
Fees
•Deposit $1,590 (mandatory, refundable, move-in).
Additional Details
This 3-bedroom, 2.5-bathroom townhouse at 1301 S Madison St in Bloomington, IN 47403 rents for $1,590 a month. It has 1,440 square feet and is pet friendly. 1301 S Madison St was advertised by Olympus Properties on September 12, 2026.
How the Rent Compares
At $1,590 a month, this townhouse is below the typical rent for 3-bedroom houses and townhouses in Bloomington (about $2,100).
Typical $2,100This home $1,590
$1,500$3,330
From 155 three-bedroom houses and townhouses listed in Bloomington on RentalSource in November 2026: the scale holds eight in ten of them, and the shaded band the middle half.
$2,100Typical rent for 3-bedroom houses and townhouses in Bloomington
The rent hasn't changed since it was listed on September 12. This home was last listed for rent on RentalSource from September 2025 to February 2026 for $1,560. Today's rent is $30 higher.
Rent history for this home, newest first
Date
Event
Rent
Change
September 12, 2026
Listed for rent
$1,590+1.9%
+1.9%
February 27, 2026
Listing removed
$1,560
September 4, 2025
Listed for rent
$1,560+4.0%
+4.0%
July 26, 2025
Listing removed
$1,500
July 1, 2025
Listed for rent
$1,500
November 28, 2024
Listing removed
$1,500
October 31, 2024
Price change
$1,500−16.7%
−16.7%
September 14, 2024
Listed for rent
$1,800+36.9%
+36.9%
December 6, 2023
Listing removed
$1,315
April 27, 2023
Listing removed
$1,250
December 9, 2021
Listing removed
$1,065
These are listed prices. What renters actually paid may have been different.
Affordability Calculator
Can I afford to live at 1301 S Madison St?
Bedrooms
3 bedrooms
30%
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Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.
Recommended income
$63,600 /year
With your chosen rent-to-income ratio, an annual income of $63,600 is recommended to comfortably afford this 3-bedroom rental priced at $1,590 per month.
