10 photos
New - yesterday
Verified
Pet Friendly

501 Madison Ave #311

Apartment
1 beds
1 baths
700 sqft

About 501 Madison Ave #311

Half Off First Full Month's Rent if Moved in by 7/11. Synonymous with comfort and style, 501 Madison Avenue, Apt 311, offers a perfect blend of modern living and urban convenience. Nestled in the heart of Indianapolis, this one-bedroom, one-bathroom apartment spans an inviting 700 square feet, providing ample space for relaxation and creativity. Step inside to discover beautifully finished hardwood floors that flow seamlessly throughout, adding warmth and elegance to your new home. The open-concept design ensures a natural transition between the living, dining and kitchen areas, making it ideal for entertaining or simply enjoying a cozy night in. Large windows invite abundant natural light, creating a bright and airy ambiance that lifts your spirits. The well-appointed kitchen boasts modern appliances and plenty of counter space, perfect for culinary adventures. The spacious bedroom offers a tranquil retreat, while the full bathroom features contemporary fixtures and finishes for your convenience. Located in a vibrant neighborhood, you'll have easy access to local cafes, shopping and cultural attractions, all just a short stroll away. Whether you're a young professional or someone looking to enjoy the bustling city life, this apartment provides a serene escape within the lively cityscape. Don't miss the opportunity to make 501 Madison Avenue, Apt 311, your new urban sanctuary. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for rent($100 monthly). This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply)....
RentalSource last checked: July 18, 2025 at 3:08 PM ET
Last updated: July 17, 2025 at 2:50 PM ET
Listed by: PMI Midwest, (317) 342-0909

Property Summary

Property Type: Apartment
Rental Fee: $1,299
Bedrooms: 1 beds
Bathrooms: 1 baths
Size: 700 sqft
Pet Friendly: Yes
Has Garage: Yes
ID: 81823706

Property Amenities

•  Garage
•  Hardwood Floors
•  Pet Friendly

Community Features

•  Laundry Facilities
•  Reserved Parking

Leasing Information

Deposit: $2,598. Lease Term: 1 year.

Additional Details

Apartment for rent in Indianapolis for $1,299 with 1 bed, 1 bath, 700 sqft, pet friendly and located at 501 Madison Ave #311 in Indianapolis, IN 46225. The rental price of $1,299 is 20.3% ($219) higher than the average rent of $1,080 for a 1 bedroom apartment in Indianapolis, IN and 20.4% ($220) higher than the average rent of $1,079 for a 1 bedroom apartment in Marion County. 501 Madison Ave #311 was advertised by PMI Midwest yesterday at 11:45 AM ET and last checked today at 3:08 PM ET.

Affordability Calculator

Can I afford to live at 501 Madison Ave #311?
Bedrooms
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Recommended income
$51,960 /year
With your chosen rent-to-income ratio, an annual income of $51,960 is recommended to comfortably afford this 1-bedroom rental priced at $1,299 per month.
For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.
Apartment for rent
$1,299
Interested in 501 Madison Ave #311?
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Property managed by:
PMI Midwest
(317) 342-0909
Avoid rental scams - Situations involving wire transfers or a landlord who can't meet you in person can be red flags.

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501 Madison Ave #311, Indianapolis, IN 46225 - Apartment For Rent
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