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Home / Indianapolis Area Apartments / Greenwood / Park Madison Apartments
Park Madison Apartments Apartment for rent in Greenwood, IN
2 of 38 Park Madison Apartments Apartment for rent in Greenwood, IN
3 of 38 Park Madison Apartments Apartment for rent in Greenwood, IN
4 of 38 Park Madison Apartments Apartment for rent in Greenwood, IN
5 of 38 Park Madison Apartments Apartment for rent in Greenwood, IN
38 Photos
Photos Floor Plans
Updated 2 hours ago

Park Madison Apartments


614 Park Madison Dr Greenwood, IN

2 Bed
•
2 Bath

1,150 Sq. Ft.

Available Now
Floor plans
2 Beds • 2 Bath
$1,075 - $1,225
1150 ft2
7 Available
Managed By: Park Madison Apartments IV, LLC
617-A
$1,225
Available Now
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624-D
$1,175
Available Now
View
617-C
$1,075
Available Now
View
619-F
$1,075
Available Now
View
614-A
$1,075
Available Now
View
616-C
$1,075
Available Now
View
619-C
$1,075
Available Jun 16th, 2025
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
63
Somewhat Walkable
Bike Score®
42
Somewhat Bikeable
Fees & leasing info
Lease & Fees
Security Deposit: $0
Property details
Description

Elevate your lifestyle with our selection of garden-style, 2 bedroom, 2 bathroom apartment homes, where every detail is designed to exceed your expectations. Located in Greenwood, Indiana, Park Madison offers spacious layouts, sunlit rooms, and convenient features and amenities. Our park-like setting community is situated near an abundance of area amenities including restaurants, shopping, major employers, and top-tier schools. In addition, Downtown Indianapolis is about 20 minutes north of Park Madison Apartments providing additional amenities and activities. Contact us today to learn more about Park Madison Apartments!

Additional Details
Total Unit Count: 56
Last Updated: Updated 2 hours ago
Contact Number: (317) 883-4000
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Metronet Holdings, LLC 1000.0 1000.0
ViaSat, Inc. 100.0 3.0
Hughes Network Systems, LLC 25.0 3.0
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Park Madison Apartments by bedroom type below.
2 Bedroom
Suggested income:
$40,000
per year
Rent report

Park Madison Apartments Rent vs. Greenwood Average

 Park Madison Apartments      Greenwood Average
2BR
$1,111
$1,284
$0
$450
$900
$1,350
$1,800

Park Madison Apartments is asking 14% less than the average 2 bedroom apartment in Greenwood.

If you upsized to an average priced Greenwood 3 bedroom apartment, you would pay 24% more per month.

If you downsized to an average priced Greenwood 1 bedroom apartment, you would pay 28% less per month.

Park Madison Apartments provides 23% more square footage than the average Greenwood 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Park Madison Apartments
2BR $1,111 $1.00 $3,332
Greenwood Average
Studio $1,079 $2.60 $3,238
1BR $1,005 $1.60 $3,014
2BR $1,284 $1.40 $3,853
3BR $1,681 $1.20 $5,042
4BR $1,775 $0.90 $5,324

Availability in Greenwood

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 74 2BR units on the market in Greenwood. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
2% 27% 46% 20% 6%
Available Units in Greenwood
Studio 3
1BR 43
2BR 74
3BR 32
4BR 9
Location
Nearby College

University of Indianapolis

Nearby Hospitals
Name Distance
Community Hospital South 1.42 mi.
Valle Vista Health System 1.48 mi.
Community Health Network Rehabilitation South 1.99 mi.
Nearby Fire Stations
Name Distance
Town Of Southbridge Fire Department 0.7 mi.
New Whiteland Fire Department 4.77 mi.
North Union Fire District 9.95 mi.
FAQs
Is this property currently leasing units?
Yes. There are 7 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 7 units available for move-in over the next 2 months. 6 units are vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units are 1,150 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,075 to $1,225. Park Madison Apartments has 2 bedroom units available starting at $1,075.
Where is this property located?
This property is at 614 Park Madison Dr in Greenwood, IN. It's 1.2 miles northwest from the center of Greenwood.
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