501 Madison Ave #305 · Apartment for Rent

**24-Hour Look and Lease Special! Apply within 24 hours of your tour and receive half off your first full month's rent! Experience convenient downtown living at the Lofts on Madison. This well-designed studio apartment offers 500 sq. ft. of functional space with an open floor plan that blends living, dining, and sleeping areas. Large windows provide plenty of natural light, creating a bright and comfortable atmosphere. The unit includes a full bathroom and a compact kitchen designed for everyday efficiency. Located in the heart of downtown Indianapolis, you’ll be just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, and Mass Ave. Walk to local favorites such as Taxman CityWay, The Eagle, Bluebeard, and Calvin Fletcher’s Coffee Company. Easy access to I-70, I-65, and public transit makes commuting simple. Building Amenities and Details: Lofts on Madison offers an on-site laundry facility and a secured parking garage with spaces available for $125 per month. The building is pet friendly, allowing cats and dogs under 25 lbs (breed restrictions apply). Residents are responsible for electric service. A $40 monthly utility fee covers water, sewer, and trash. Enjoy low-maintenance, city-centered living with walkable access to dining, entertainment, and Indianapolis’s most vibrant downtown attractions. 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. Rent Guarantee policy from theGuarantors required.