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The Madison at Greenwood apartments in Greenwood, IN

Updated

The Madison at Greenwood

523 S Madison Ave, Greenwood, IN 46142, USA

4.4 (112 reviews) Official Website

Live pricing, refreshed

68
Units Listed
$1,274
Starting at
$1,598
Average
$2,026
Highest
$2.04
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Greenwood 46142 rent trends

Beds

Pricing by Bedroom

Studio
$1,556
from $1,274 · 38 units
~762 sqft avg
1 Bed
$1,567
from $1,400 · 22 units
~713 sqft avg
2 Bed
$1,879
from $1,777 · 8 units
~1,104 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (7)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: observed data only.

Observed Lease Revenue

$1.1M/mo

from 678 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,579

vs $1,598 current asking ($19 negotiation gap)

Recent Lease Activity

746 units tracked; 678 assumed leased, 68 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

68

Very high availability

52 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Greenwood, IN

Similar

Comparing this building against 6 similar Greenwood, IN apartments by price. Click any bar to view that building.

See rent trends on the Greenwood, IN map Explore Greenwood, IN on the interactive map

Available Units

68 units

Select a unit to see its larger layout, price history, and link to the rental site.

Filter by unit features

Match all selected features. Layout filters use this unit’s matched floor plan. Missing details do not mean a feature is absent.

Unit features
Accessibility listedPro

Counts show listed matches. Accessibility labels do not describe every access need. Confirm specific features with leasing.

Studio Unit 5
$1,274/mo

Available: Contact for availability

Studio Unit 6
$1,329/mo

Available: Contact for availability

Studio Unit 3
$1,349/mo

Available: Contact for availability

Studio Unit 32
$1,349/mo
501 ft² · $2.69/ft²

Available: Contact for availability

Studio Unit 61
$1,349/mo
501 ft² · $2.69/ft²

Available: Contact for availability

Studio Unit 1
$1,356/mo

Available: Contact for availability

Studio Unit 8
$1,394/mo

Available: Contact for availability

Studio Unit 25
$1,394/mo
451 ft² · $3.09/ft²

Available: Contact for availability

Studio Unit 57
$1,394/mo
451 ft² · $3.09/ft²

Available: Contact for availability

Studio Unit 7
$1,397/mo

Available: Contact for availability

Up $10 since Sep 27 (was $1,387)

Train activity

Trains close by

Freight line 2,286 ft away · 8 trains/day

  • 6 daytime, 2 overnight
  • No road crossing within earshot. Horns unlikely.
  • Operator: LIRC

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Greenwood, IN notes

No resident notes for this property yet.

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Greenwood 46142 Rent Trends

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