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501 Madison Ave

(317) 342-0909
Check Availability
Indianapolis, IN 46225

Contact

501 Madison Ave

Indianapolis, IN 46225
501 Madison Ave in Indianapolis, IN - Building Photo

Floorplan Pricing and Availability

    • 1 Bedroom

      211 - 501 Madison Ave

      $1,299

      1 Bed, 1 Bath, 800 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $1,299Available Now211 - 501 Madison Ave800 sq ft

      About This Listing

      Introducing an exceptional urban sanctuary nestled at 501 Madison Avenue, Apt 211, in the vibrant heart of Indianapolis, IN. This stylish 800 sq ft one-bedroom apartment offers a seamless blend of comfort and modern living. Step inside to discover a spacious layout that maximizes every inch, providing a warm and inviting atmosphere. The full bathroom is elegantly designed, offering a tranquil space for relaxation. With its prime location, you're just moments away from the lively culture and entertainment that downtown Indianapolis has to offer. Enjoy the convenience of living within walking distance to local cafes, shops, and parks that enrich the neighborhood. The apartment's contemporary design is perfect for those who appreciate a chic, minimalist aesthetic. Large windows invite natural light, enhancing the open and airy feel of the home. Make this your new haven and experience a lifestyle of unparalleled convenience and charm. Don't miss the opportunity to enjoy all the benefits of city living in this beautifully appointed apartment. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

      Model Rent and Fees

      Model Price

      • $1,299
      Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

      Contact Info

      Listed by:
      PMI Midwest

      310 - 501 Madison Ave

      $1,449

      1 Bed, 1 Bath, 950 sq ft
      Available Now

      Availability Details

      PriceAvailability DateUnitSq Ft
      $1,449Available Now310 - 501 Madison Ave950 sq ft

      Model Amenities and Features

      Kitchen

      • Dishwasher

      About This Listing

      If you've been looking for a home that puts Indianapolis' biggest attractions right outside your door, this is it. Perfectly positioned between Lucas Oil Stadium and Gainbridge Fieldhouse, you'll be just steps from Colts and Pacers games, concerts, festivals, and some of the city's best entertainment. Walk to Fountain Square for live music and local eats, explore the Indianapolis Cultural Trail, grab dinner on Georgia Street, or spend an evening discovering the restaurants, breweries, and nightlife of Mass Ave. Whether you're a sports fan, foodie, or someone who loves the energy of downtown, this location has it all. Unit 310 offers the perfect home base for experiencing everything Indianapolis has to offer while providing a comfortable place to unwind after a day in the city. With easy access to I-65 and I-70, commuting is effortless, and downtown's best destinations are always just minutes—or even steps—away. If you're ready for a lifestyle where every weekend feels like an event, 501 Madison Avenue, Unit 310 is waiting for you. Schedule your tour today! By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

      Model Rent and Fees

      Model Price

      • $1,449
      Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

      Contact Info

      Listed by:
      PMI Midwest

      307 - 501 Madison Ave

      $1,549

      1 Bed, 1 Bath, 1000 sq ft
      Available Now
      Largest 1 BedroomThis is the largest 1 Bedroom at this Property

      Availability Details

      PriceAvailability DateUnitSq Ft
      $1,549Available Now307 - 501 Madison Ave1000 sq ft

      Model Amenities and Features

      Kitchen

      • Dishwasher
      • Microwave

      About This Listing

      Journey to 501 Madison Avenue, Apt 307, where urban charm meets modern elegance in the heart of Indianapolis. This spacious 1000 sq ft one-bedroom apartment serves as your personal sanctuary, perfectly designed for a vibrant city lifestyle. As you step inside, the gleaming hardwood floors greet you, adding a touch of warmth and sophistication to your new home. The open living area invites natural light to dance through the windows, highlighting the intricate details and spaciousness of your living space. Enjoy your morning coffee or unwind after a long day while soaking in the scenic view that stretches beyond the horizon. The full bathroom is a serene retreat, offering functionality and style with its modern design. This apartment is more than just a place to live; it's an invitation to experience the heartbeat of Indianapolis with comfort and ease. Located in a prime area, you have the best of the city's dining, shopping, and cultural attractions right at your doorstep. Embrace the perfect blend of tranquility and excitement, and make 501 Madison Avenue, Apt 307, your new home today. Live life elevated, where every day offers a new adventure. Lofts on Madison offers an on-site laundry facility. There is a parking garage with spots available for rent($125 monthly). This is a pet friendly building allowing for both cats and dogs under 25 pounds (breed restrictions do apply). Residents are responsible for turning on electric in their own name. Water, sewer and trash cost $46.00. At PMI Midwest, we strive to provide an experience that is cost-effective and convenient. That’s why we provide a Resident Benefits Package (RBP) to address common headaches for our residents and provide must-have services for our renters. The Total Monthly Price of $41.45 plus pest control, air filter delivery, utility setup assistance, credit building and more at a rate of $41.45/month, required with the rental. Residents have the option to personalize some components during onboarding, which may increase or decrease the monthly amount. More details upon application. By submitting your information on this page you consent to being contacted by the Property Manager and RentEngine via SMS, phone, or email.

      Model Rent and Fees

      Model Price

      • $1,549
      Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

      Contact Info

      Listed by:
      PMI Midwest

    Schedule a Tour

    Request Tour
    Call us at: (317) 342-0909 to request a tour.

    Features and Amenities

    Kitchen Amenities

    • Dishwasher
    • Microwave
    Google Map

    Map

    501 Madison Ave, Indianapolis, IN 46225

    Getting Around

    • 70 / 100 Moderately walkable

      Most day-to-day needs are within walking distance

    • 40 / 100 Some public transit

      Transit is available for most trips

    • 70 / 100 Moderately bikeable

      Suitable for bicycle commuting and/or recreation

    • 80 / 100 Very car friendly

      Excellent access to freeways and/or major arteries, with a very low chance of parking problems

    Scores provided by Local Logic details

    Getting to Know the Area

    • 90 / 100 Restaurants

      Exceptional variety of restaurants within a few minutes

    • 90 / 100 Cafes

      Exceptional variety of cafés within a few minutes

    • 100 / 100 Nightlife

      Exceptional variety of bars right within a few minutes

    • 70 / 100 Shopping

      Several shops within a few minutes

    • 60 / 100 Parks

      Large amount of park space nearby

    • 40 / 100 Noise Level

      Some sources of noise nearby

    Scores provided by Local Logic

    Points of Interest

    Time and distance from 501 Madison Ave.

    Arts Museums and Landmarks

    Indianapolis Repertory Theater

    140 W. Washington Street
    1 minute drive / 0.5 miles away

    ArtsGarden

    50 W. Washington Street
    1 minute drive / 0.5 miles away

    NCAA Hall of Champions

    700 W. Washington St.
    2 minute drive / 0.7 miles away

    Big Box and Retail

    Walgreen's

    1530 N Meridian St
    5 minute drive / 1.92 miles away

    Cvs/Pharmacy

    1545 N Meridian St
    5 minute drive / 1.94 miles away

    Kroger

    4445 E 10th St
    8 minute drive / 3.78 miles away

    Colleges and Universities

    Indiana University-Indianapolis

    425 University Blvd
    3 minute drive / 1.32 miles away

    Indiana University School of Medicine

    340 W 10th St
    5 minute drive / 1.89 miles away

    Ivy Tech Community College - Downtown Indianapolis Campus

    50 West Fall Creek Pkwy
    6 minute drive / 3.06 miles away

    Groceries

    Kroger

    4445 E 10th St
    8 minute drive / 3.78 miles away

    Save-A-Lot

    2930 E 38th St
    11 minute drive / 5.21 miles away

    Aldi

    6691 E Washington St
    12 minute drive / 5.78 miles away

    Hospitals

    Eskenazi Health

    720 Eskenazi Avenue
    4 minute drive / 1.59 miles away

    Riley Hospital For Children

    705 Riley Hospital Dr
    4 minute drive / 1.65 miles away

    Richard L. Roudebush Va Medical Center

    1481 W 10th St
    5 minute drive / 1.87 miles away

    Military Bases

    Naval Avionics Center

    12 minute drive / 5.78 miles away

    Parks and Recreation

    White River State Park

    White River State Park
    2 minute drive / 0.98 miles away

    Benjamin Harrison House

    1230 North Delaware Street
    4 minute drive / 1.66 miles away

    Garfirled Conservatory

    2505 Conservatory Drive
    4 minute drive / 2.23 miles away

    501 Madison Ave has 4 parks within 3.5 miles, including White River State Park, Benjamin Harrison House, Garfirled Conservatory, and SpaceQuest Planetarium.

    Restaurants and Dining

    Iaria's Italian Restaurant

    317 South College Avenue
    2 minute drive / 0.77 miles away

    Gabriel's Cafe

    320 North Meridian St
    2 minute drive / 0.83 miles away

    Elements

    415 North Alabama Street
    2 minute drive / 0.98 miles away

    Shopping Centers

    Circle Centre

    50 S Meridian St
    1 minute drive / 0.41 miles away

    National City Center

    155 W Washington St
    1 minute drive / 0.47 miles away

    Villaggio @ Page Pointe

    411 Virginia Ave
    1 minute drive / 0.6 miles away

    501 Madison Ave has 5 shopping centers within 1.6 miles.

    Nearby Neighborhoods

    Martindale

    Studio to 7 Bedroom Apartments from $500
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    Keystone-Orchard

    Studio to 5 Bedroom Apartments from $543
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    Brookside

    Studio to 5 Bedroom Apartments from $500
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    Nearby Apartments

    Rental Price Ranges in the Area

    BedroomAverage RentCheapest RentHighest Rent
    Indianapolis Studio Apartments $1,215$556$6,128
    Indianapolis 1 Bedroom Apartments $1,378$543$4,354
    Indianapolis 2 Bedroom Apartments $1,657$650$10,000+
    Indianapolis 3 Bedroom Apartments $1,995$799$8,628
    Indianapolis 4 Bedroom Apartments $2,472$600$8,291
    Indianapolis 5 Bedroom Apartments $6,002$2,800$10,000+

    Browse Top Apartments in Indianapolis

    Viewing: 501 Madison Ave | Desktop Version | Listing Updated: 08/31/2026