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The Madison at Greenwood apartments in Greenwood, IN

Updated

The Madison at Greenwood

523 S Madison Ave, Greenwood

4.4 (112 reviews) Official Website

Live pricing, refreshed

47
Units Listed
$1,237
Starting at
$1,495
Average
$1,885
Highest
$1.85
Per Sq Ft

How does this compare? View Greenwood 46142 rent trends

Beds

Pricing by Bedroom

Studio
$1,504
from $1,237 · 39 units
~807 sqft avg
1 Bed
$1,454
from $1,394 · 8 units

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (1)

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

$31K/mo

from 20 tracked leases; not enough coverage yet for a whole-building estimate

Effective Rent on New Leases

$1,542

vs $1,495 current asking

Recent Lease Activity

67 units tracked; 20 assumed leased, 47 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

47

Very high availability

47 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

Citywide

Showing citywide comparison (not enough Greenwood, IN properties tagged with "Greenwood 46142" for a local match). Click any bar to view that building.

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

Available Units

47 units
Studio G405
$1,237/mo
551 ft² · $2.25/ft\u00B2 · #56
Studio S6 Brunswick
$1,237/mo
· #7
Studio S7 Lincoln
$1,269/mo
· #8
Studio S3 Euclid
$1,274/mo
· #3
Studio F109
$1,274/mo
501 ft² · $2.54/ft\u00B2 · #38
Studio G305
$1,287/mo
551 ft² · $2.34/ft\u00B2 · #52
Studio S1 Beechview
$1,291/mo
· #1
Studio B209
$1,291/mo
518 ft² · $2.49/ft\u00B2 · #17
Studio G113
$1,312/mo
551 ft² · $2.38/ft\u00B2 · #48
Studio B410
$1,316/mo
518 ft² · $2.54/ft\u00B2 · #21

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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