507 2nd St E #11, Madison, IN 47250
Property image
Property image
FOR RENT
NEW - 2 HRS AGO
PET FRIENDLY

$1,200/mo

  • 2 Beds
  • 1 Bath
  • 875 sqft

507 2nd St E #11, Madison, IN 47250

Available now
Cost and fees breakdown
Price may not include required fees and charges.

Home Highlights

Apartment
Dogs & Cats Allowed
Laundry
$1,200 deposit
Forced Air & Central Air

Local Information

  • Map ViewExplore the area around 507 2nd St E #11.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

READ ENTIRE LISTING-YOU MUST PROVIDE DETAILS for information. We WILL NOT respond to 'I'D LIKE AN APPLICATION - or 'I'd LIKE TO REQUEST A TOUR'. Send a message telling us a little about you, how many adults/kids/pets. MAKE IT PERSONAL :)

Beautiful downtown Madison! Newly renovated apartments. Walking distance to riverfront, festivals, and Main St/shopping and dining! Water, sewer, garbage included. This is a 2bd unit. Rent includes water, sewer, garbage. Duke electric must be transferred to your name before move in. Laundry area on site. Units are first come first serve, we do not hold them. Rent is $1200/mo. First months rent and security deposit of $1200 are due before move in. Each adult MUST complete an application. Application fee is $50per adult. This covers the cost of the background reports.
Valid ID and proof of income required for applications. Prior evictions and criminal history with drug or violent offenses not accepted.

PET POLICY: All properties
There is a non refundable pet deposit of $250 PER pet. Dogs will add $35/mo to rent and cats will add $25/mo to rent. Only one dog and cat are allowed. We must also approve the animal prior to move in.

If you would like an application (mandatory for any person over 18yrs of age) please send us your legal name, phone number, and email address (the phone number and email CANNOT be duplicate for either person) We will send you an electronic application. In your message also include how many adults/kids/pets. You must be ready to move in within the next week or so to apply. If you are needing something further out, please contact me with the desired move in timing, we are renovating multiple units and will help to accommodate if we can! No prior evictions or felony drug or violent charges will be accepted

Owner pays water, sewer, and garbage. Proof of Duke Energy transfer before move in is required.

Details for 507 2nd St E #11

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningHeating Fuel: Forced Air
Appliances & Utilities
Refrigerator
Levels, Entrance, & Accessibility
Floors: Hardwood

Days on Market

Days on Market: Just Listed

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: nowCats, small dogs allowedDeposit: $1,200

Exterior Features

Parking & Garage
Parking: Off Street Parking, On Site
Report this Listing

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Costs and Fees

Required monthly rent & fees
  • Base rent
    $1,200/mo
Optional monthly rent & fees
  • Pet rent
    $35/mo
Required one-time fees
  • Security deposit
    $1,200
  • Application fee
    $50
  • Administrative fee
    Contact for details
Optional one-time fees
  • Pet fee
    $250
Pricing is subject to change. All calculations are estimates and provided for informational purposes only. Actual amounts may include additional mandatory or optional fees. Please consult the community manager for a complete breakdown of all rental costs.
See more

Rental Market Trends in Madison

Last updated Sep 2026
Trulia Rent Estimate$1,155/mo
Average rent
$1.01K
$145MoM
Available listings
6
View rental market trends in Madison, IN

Around this home

What Locals Say about Madison

At least 44 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 79 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say people would walk alone at night

  • 68 % Say there's wildlife

  • 67 % Say parking is easy

  • 59 % Say kids play outside

  • 56 % Say it's quiet

  • 55 % Say there are sidewalks

  • 53 % Say neighbors are friendly

  • 48 % Say they plan to stay for at least 5 years

  • 47 % Say streets are well-lit

  • 44 % Say it's walkable to restaurants

  • 33 % Say there are community events

  • 28 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Colemoederzoon3
    "Very touristy, very historical. Very quaint lots of festivals year round. Theres a lot of good people in this town. Homes are quite expensive though. Road maintenance could help out"
    0
    Flag
  • Kaylee H.
    "A great well rounded community and very great place to live. Schooling is amazing and there are so many activities that family can do and many different attractions for people from outside of town. "
    4
    Flag
  • Quenton T.
    "Wonderful place to live. Small Town life with larger city amenities. Quiet and peaceful with a vibrant community. "
    0
    Flag
  • Samvin107
    "There’s quite a few families and a church a block away and a nursing home next to the church. Very quiet neighborhood "
    0
    Flag
  • Pam T. W.
    "Lots of music almost every weekend in the summer. Great little shops on Main Street. Lovely river walk. Everyone makes you feel welcome. "
    0
    Flag
  • Robert Danehy
    "Most beautiful historical society in the country! People are the friendliest that you will ever meet. Gorgeous River Front. Best Festival's in the country in the Summer. 5 different Schools.. About 69 of the most beautiful church's you ever seen. Moved here 2 years ago and now i don't ever want to leave!!"
    4
    Flag
  • Robert Danehy
    "Madison is the most beautiful historical society in the country! An the people here are the most friendly that you will ever meet. Church's beautiful church's. Fine Dinning. Choice of Schools. Most beautiful River Front in the state! Nite life is fantastic. None tru out the country for are festivals. An about 40 minutes each way Cincinnati to the East an Louisville to the West. Parks for kids everywhere."
    0
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  • Jessica D.
    "My neighborhood is pretty quiet. There are a few stray cats but nothing major. I am close to shopping and restaurants. "
    0
    Flag
  • Aschmidlapprn11
    "There are lots of sidewalks to walk the dogs on. There is a walkway around the lake near our house as well so it is healthy and fun for them and us as well. "
    1
    Flag
  • Aschmidlapprn11
    "We have lived here for 5 years and we are within a few minutes of everything. We are close to schools, shopping, restaurants and parks"
    1
    Flag
  • Ericanapier05
    "Beautiful scenery, great neighborhood, close to town, wildlife, low traffic. Good school selection public and private. "
    0
    Flag
  • Cotydunn05
    "This neighborhood sits back away from busier roads. A nice little cul-de-sac where kids play and people wave! "
    2
    Flag
  • Ambergaraas1976
    "It is quiet and is within walking distance to Clifty Park. It is the perfect place to walk the dogs because there are little to no sidewalks in this town. "
    0
    Flag
  • Ambergaraas1976
    "It is within walking distance to Clifty Falls state park. Since this town has very few sidewalks it is nice to take the dogs there to walk without a lot of traffic. "
    0
    Flag

Local Legal Protections

LGBTQ • Source of Income

Price and Tax history

DateEventPrice
Sep 22, 2026
Source: Zillow Rentals
Listed For Rent
$1,200
Nov 15, 2025
Source: Zillow Rentals
ListingRemoved
$1,200
Oct 28, 2025
Source: Zillow Rentals
Listed For Rent
$1,200
Marci Smith

Frequently asked questions about 507 2nd St E #11

  • What income do you need to rent 507 2nd St E #11?
    Most landlords look for monthly gross income of about 3× rent, or roughly $45K per year to rent 507 2nd St E #11 in Madison, IN at $1,200/mo.
  • What is the pet policy at 507 2nd St E #11?
    507 2nd St E #11 in Madison, IN allows cats and small dogs.
  • What's the average rent in Madison?
    The average rent in Madison is $1,012 per month.
  • What do residents say about Madison?
    Residents describe Madison, IN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See apartments for rent in Madison, IN.
  • Does 507 2nd St E #11 have parking?
    Yes, 507 2nd St E #11 in Madison, IN has on-site parking.

Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
$43,200 PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.

New Rentals Nearby

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Explore by feature - Air Conditioning

6 rentals with air conditioning in Madison, IN
507 2nd St E #11, Madison, IN is a 2 bedroom, 1 bathroom, 875 sqft apartment. 507 2nd St E #11 was listed for rent for $1,200/month on Sep 22, 2026. This property is pet friendly.