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  • Special offer

    Lofts on Madison

    501 Madison Ave, Indianapolis, IN 46225

    • Special offer! **Half Off First Full Month's Rent if Moved in by 8/15!!
      Expires August 15, 2025
    Apartment building
    Studio
    Pet-friendly
    Shared laundry

    Available units

    Price may not include required fees and charges
    Price may not include required fees and charges.
    Unit
    , sortable column
    Sqft, sortable columnAvailable, sortable columnBase rent, sorted ascending
    Special offer
    305Studio, 1 ba
    550
    Now
    $1,149

    What's special

    Open floor planNatural lightModern efficiencyLarge windows
    **Half Off First Full Month's Rent if Moved in by 8/15!! Welcome to The Heart of Downtown Indianapolis, where modern living meets vibrant city life. This stunning apartment building offers spacious, contemporary units with sleek finishes and unparalleled convenience. Located just steps from the city's best dining, shopping, and entertainment, you'll experience all the energy Indianapolis has to offer right outside your door. Whether you're commuting to work, catching a Colts game at Lucas Oil Stadium, or enjoying the lively atmosphere of Monument Circle, you'll find everything you need at your fingertips. Discover your perfect urban retreat today where convenience, style, and excitement come together in the center of it all. Lofts on Madison offers an on-site laundry facility. There is a secure parking garage with spots available for purchase ($100 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 $40.00 charged monthly. All PMI Midwest residents are enrolled in the Resident Benefits Package (RBP) for $36.95/month which includes credit building to help boost the resident's credit score with timely rent payments, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Deposit varies based on screening results.

    Office hours

    DayOpen hours
    Mon - Fri:8:30 am - 4:30 pm
    Sat:Closed
    Sun:Closed

    Facts, features & policies

    Building Amenities

    Other
    • Laundry: Shared

    Unit Features

    Appliances
    • Dishwasher
    • Freezer
    • Microwave Oven: Microwave
    • Range Oven
    • Refrigerator

    Policies

    Lease terms
    • OneYear
    Pets
    Large dogs
    • Allowed
    Dogs
    • Allowed
    Cats
    • Allowed
    Small dogs
    • Allowed
    Parking
    • None

    Special Features

    • Concierge

    Neighborhood: Downtown

    Areas of interest

    Use our interactive map to explore the neighborhood and see how it matches your interests.

    Travel times

    Walk, Transit & Bike Scores

    77 / 100
    Very Walkable
    62 / 100
    Good Transit
    81 / 100
    Very Bikeable

    Nearby schools in Indianapolis

    GreatSchools rating

    Market Trends

    Rental market summary

    The average rent for all beds and all property types in Indianapolis, IN is $1,503.

    Average rent

    $1,503

    Month-over-month

    -$47

    Year-over-year

    +$3

    Available rentals

    2,363

    Indianapolis, IN Rental Market Data

    Frequently asked questions

    What is the walk score of Lofts on Madison?

    Lofts on Madison has a walk score of 77, it's very walkable.

    What is the transit score of Lofts on Madison?

    Lofts on Madison has a transit score of 62, it has good transit.

    What schools are assigned to Lofts on Madison?

    The schools assigned to Lofts on Madison include Center for Inquiry School 2, Arsenal Technical High School, and Crispus Attucks Medical Magnet High School (9-12).

    Does Lofts on Madison have in-unit laundry?

    No, but Lofts on Madison has shared building laundry.

    What neighborhood is Lofts on Madison in?

    Lofts on Madison is in the Downtown neighborhood in Indianapolis, IN.

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